Algorand
About Algorand
Algorand is a decentralized, blockchain-based network that supports a multitude of applications. It is secure, scalable, and efficient, properties that are crucial for real-world applications. Algorand supports computations that require firm performance guarantees, thus forming new types of trust. The Algorand mainnet became operational in June 2019 and as of December 2020, it was capable of processing almost a million transactions daily.
In the last hour, Algorand's price has seen a change of +0.10%, and over the past 24 hours, its price has moved by -3.06%. Over the previous week, Algorand's price has moved by -10.68%. The current price of Algorand is BHD 0.04340, accompanied by a trading volume of 35.80M in the last day. Algorand's price is currently 96.50% below its all-time high of BHD 1.2390, which remains the highest price Algorand has achieved since its launch. The circulating supply of Algorand stands at 9.071B, translating to a total market capitalization of 393.7M.
Market stats
Frequently asked questions
What is the market cap of Algorand?
With a market capitalization of 393.7M, Algorand is ranked 64 among other crypto assets.
What is the all-time high of Algorand?
The highest valuation of Algorand since its launch was at BHD 1.2390, marking its all-time high.
What is the 24-hour trading volume of Algorand?
The trading activity of Algorand over the last 24 hours was at 35.80M, highlighting its liquidity in the market.
How many Algorand are there in circulation?
There are approximately 9.071B units of Algorand currently in circulation, affecting its market dynamics.
What is the relative popularity of Algorand?
Algorand market cap is around 393.7M.
When was Algorand created?
Algorand was introduced on 11 Jun 2019.
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