How much is 1 ALGO?
One ALGO is worth $0.0787 — the ALGO-to-USD rate as of 2026-08-01 19:21 UTC, +0.32% over the past 24 hours. The figure on this page refreshes hourly from CoinMarketCap data.
BAKED FROM THE HOURLY RATE AS OF 2026-08-01 19:21 UTC · NOT A LIVE CALCULATOR
ALGO vs. other Layer 1 coins
| Asset | 24H | 7D | 30D | 90D |
|---|---|---|---|---|
| Algorand ALGO THIS PAGE | +0.32% | −6.86% | −8.54% | −30.70% |
| Bitcoin BTC | −0.75% | −2.84% | +1.68% | −20.55% |
| Ethereum ETH | −1.56% | −1.85% | +8.36% | −21.05% |
| BNB BNB | −1.89% | +1.55% | +3.22% | −6.82% |
AS OF 2026-08-01 19:21 UTC · DATA: COINMARKETCAP · DEEPER TINT = LARGER MOVE · 90D IS OUR LONGEST SNAPSHOT WINDOW
ALGO price context
Algorand's all-time high is $3.56, reached on June 20, 2019. At today's price of $0.0787, ALGO trades 97.8% below that peak. Its lowest recorded price was $0.0801 on March 29, 2026.
Over the past 30 days ALGO has moved −8.54% and over the past 90 days −30.70%.
Circulating supply is 8,969,018,347 ALGO , against a maximum supply of 10,000,000,000 ALGO. ALGO's 10 billion maximum supply was minted at genesis, and the large early allocations to the foundation and investors — whose unlocks weighed on the price for years — are now largely distributed. Today's supply growth comes mainly from consensus rewards, making demand the dominant variable.
Algorand all-time high
The gap to the record
Getting back to $3.56 from here would take a 45.2× move — that multiple, not the percentage, is the honest way to read a drawdown. The figure above updates every hour as our price snapshot refreshes; the record itself is an editorial fact recorded from CoinGecko.
All-time low
Algorand's recorded all-time low is $0.0801, on March 29, 2026 (CoinGecko). From that low to today's price is the other end of the same story — aggregators differ on launch-era data, so we name the source we cite.
Algorand price history
Our sourced price record for Algorand begins in 2019 — the coin may have traded earlier, but we list only years we can back with a citable source. Its all-time high is $3.56 (Jun 20, 2019), its recorded low $0.0801 (Mar 29, 2026), and it trades at $0.0787 today. Every row below names where its figures come from.
Algorand price by year
Rows from 2019 through 2023 are editorial records — each cites the source it was taken from. Rows from 2024 onward are computed from our licensed CoinMarketCap daily data; for those years, high and low are the highest and lowest daily closes in our series, not intraday extremes.
| Year | Open | High | Low | Close | Source |
|---|---|---|---|---|---|
| 2019 | $0.7597 | $0.8499 | $0.1650 | $0.2154 | Coinbase (ALGO-USD) |
| 2020 | $0.2155 | $0.7661 | $0.1020 | $0.3363 | Coinbase (ALGO-USD) |
| 2021 | $0.3363 | $2.82 | $0.3316 | $1.66 | Coinbase (ALGO-USD) |
| 2022 | $1.66 | $1.85 | $0.1599 | $0.1725 | Coinbase (ALGO-USD) |
| 2023 | $0.1725 | $0.2988 | $0.0873 | $0.2228 | Coinbase (ALGO-USD) |
| 2024 | $0.2230 | $0.5427 | $0.1028 | $0.3210 | Our CMC data |
| 2025 | $0.3364 | $0.4859 | $0.1096 | $0.1138 | Our CMC data |
| 2026YTD | $0.1102 | $0.1422 | $0.0780 | $0.0787 | Our CMC data |
What moves Algorand's price
- Institutional and public-sector adoption: Algorand's pitch is regulated tokenization — its ecosystem has hosted projects like Italy's bank- and insurance-guarantee digitization platform — and each concrete government or enterprise deployment (or quiet sunsetting) moves the thesis.
- Staking economics: native consensus rewards introduced in early 2025 pay ALGO holders who stake and participate, changing holder economics on a chain that for years offered no yield after governance rewards wound down.
- Supply overhang history: the 2019 Dutch auction listed ALGO at $2.40 into heavy early unlocks; with vesting now mostly complete, the structural sell pressure that defined its first years has faded — a fact the market still re-prices slowly.
- Competition for the tokenization narrative: Algorand competes with Stellar, Hedera, and permissioned chains for institutional mandates; wins and losses in that niche matter more to ALGO than general DeFi cycles.
- Altcoin index and ETF inclusion: as US altcoin ETFs and index products expanded in 2025, inclusion decisions became a recurring source of flow-driven moves for mid-cap layer-1s like ALGO.
“Algorand's pitch is regulated tokenization — its ecosystem has hosted projects like Italy's bank- and insurance-guarantee digitization platform — and each concrete government or enterprise deployment (or quiet sunsetting) moves the thesis.”
About Algorand
Algorand launched its mainnet in June 2019, founded by MIT professor Silvio Micali, a Turing Award winner for foundational work in cryptography. Its Pure Proof-of-Stake design uses cryptographic sortition to randomly select block proposers from all staked accounts, delivering blocks that are final immediately — Algorand has never forked by construction.
After an early period defined by its high-profile auction and long price decline, the Algorand Foundation refocused the project on institutional tokenization, payments, and developer accessibility (AlgoKit brought native Python smart contracts). The chain's technical calling cards — instant finality, low fixed fees, and state proofs for trustless interoperability — are aimed squarely at regulated asset issuers rather than speculative DeFi.
ALGO tokenomics
The maximum supply of 10 billion ALGO was fully minted at genesis in 2019. Distribution ran through a June 2019 Dutch auction (clearing at $2.40, with a partial refund program), ecosystem grants, and multi-year vesting to the foundation, Algorand Inc., and early backers — an unlock schedule that was accelerated and substantially completed in the early 2020s. Since 2025, block rewards for staking participants are funded from fees and dedicated reward pools; ALGO has no burn mechanism.
How to buy Algorand
ALGO trades on all major exchanges, including Coinbase, Kraken, and Binance. Self-custody wallets such as Pera let holders stake toward consensus and earn the rewards introduced in 2025; there is no minimum comparable to Ethereum's 32-ETH validator bond.
Algorand news
All coverage →
Algorand FAQ
Why is ALGO so far below its all-time high?
The $3.56 print came on the June 2019 listing day, when a Dutch auction priced the token at $2.40 just before years of scheduled unlocks expanded circulating supply. The decline reflects that early structure as much as market cycles — the unlocks are now largely behind it, which changes the supply picture going forward.
Can Algorand fork?
No. Its consensus finalizes each block immediately through a committee vote, so two competing histories cannot both finalize. That instant, fork-free finality is the property institutions cite when they build settlement systems on it.
Can you stake ALGO?
Yes. Since early 2025, holders who stake and participate in consensus earn native block rewards, paid from fees and reward pools. Before that, yields came from a governance program that has since wound down.
Who created Algorand?
Silvio Micali, an MIT professor and 2012 Turing Award laureate whose work underpins modern cryptographic proofs. He founded the project in 2017; the network is stewarded by the Algorand Foundation.
What is Algorand actually used for?
Its clearest niche is regulated tokenization and payments: digitized bank guarantees in Italy, stablecoin payments, and government pilot programs. Its DeFi ecosystem exists (Folks Finance is the largest protocol) but is small next to Ethereum's or Solana's.
What is Algorand's all-time high?
Algorand's all-time high is $3.56, reached on June 20, 2019 (source: CoinGecko).
How far is ALGO from its all-time high?
As of 2026-08-01 19:21 UTC, ALGO trades at $0.0787 — 97.8% below its all-time high. Reaching the ATH again would require a 45.2× move. This figure refreshes hourly with our CoinMarketCap data.
What was Algorand's lowest price ever?
Algorand's recorded all-time low is $0.0801, on March 29, 2026 (source: CoinGecko). Aggregators can differ on launch-era data; we cite the source shown.
Will ALGO reach a new all-time high?
We don't publish predictions. What can be said factually: ALGO trades 97.8% below its all-time high, and this page tracks that gap with hourly-refreshed data.
Related
Price data: CoinMarketCap, refreshed hourly. Last updated: August 1, 2026, 19:21 UTC. Historical figures (all-time high/low) are recorded at page creation and reviewed periodically.
This page is factual information, not financial advice.