¥1.25
-¥0.07879 (6.28%) 1d
Overview
Algorand is an open-source, public blockchain with a native cryptocurrency called ALGO. Developers can build assets like fungible tokens and decentralized applications (DApps) on the Algorand blockchain, leveraging its smart contract functionality. Launched in 2019, the Algorand mainnet claims to be fork-resistant due to its unique architecture.
Deep Dive: Algorand, Staking, and More
What Is Algorand?
Algorand uses Pure Proof-of-Stake (PPoS) for network consensus. PPoS offers low barriers to entry:
- No minimum stake amount or lock-up periods.
- Participants can freely join/exit staking—hence the term "pure" PoS.
How Does Algorand Work?
- Holders with ALGO in their wallets can participate in network validation.
- Selection as a validator depends on the relative amount of ALGO held.
- Resistant to adversarial attacks with a throughput of ~1,000 TPS.
The ecosystem is supported by the Algorand Foundation, a non-profit organization.
Algorand Price Today
ALGO serves as the native token for governance and utility within the Algorand ecosystem. The real-time ALGO-to-CNY price is displayed above, alongside key metrics like market cap and trading volume.
👉 Track ALGO’s latest price movements and trends
Latest Market News
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Key ALGO Metrics
| Market Stats | Value |
|---|---|
| Market Cap | ¥104.76B |
| 24h Volume | ¥3.49B |
| Circulating Supply | 83.52B ALGO |
| Total Supply | 100B ALGO |
| YTD Return | -51.54% |
Price Data:
- 24h High/Low: ¥1.34 / ¥1.24
- 52-Week Range: ¥0.6715 – ¥4.50
- All-Time High: ¥29.83
FAQ
1. How can I stake ALGO?
Staking requires holding ALGO in a supported wallet; no minimum amount or lock-up is needed.
2. What makes Algorand unique?
Its fork-resistant PPoS consensus and high scalability (~1,000 TPS) set it apart.
3. Where can I buy ALGO?
ALGO is available on major exchanges like OKX, Binance, and Coinbase.
👉 Start trading ALGO with low fees today
Note: All financial data is dynamic. Refer to live charts for real-time updates.
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