ALGO / altcoin
Algorand
ALGO
PoS Layer-1 with near-instant finality and low fees
Price · 1 year
$0.1090-50.9% · 1Y
ATH $3.56 on Jun 2019·upd. May 27
How much will you earn?
ALGO
| Platform | Interest | Total |
|---|---|---|
| ★ | +2.2059 | 12.2059 |
| +0.0803 | 10.0803 |
On OKX Earn:+0.0060per day·+0.1675per month·+2.2059per year
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realised 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
Coin signals
- 💧 Modest liquidity: $27M / 24h
- 📉 Price -97% below ATH. Peak: Jun 2019
All platforms for ALGO
| Platform | Best | Type | Platf. risk | |
|---|---|---|---|---|
| | 20.1 % | flexible | B | Open |
| | 0.8 % | flexible | C | Open |
What is ALGO
Algorand (ALGO) is a Layer-1 blockchain using Pure Proof-of-Stake, built by a team led by Turing Award winner Silvio Micali. The network offers high throughput, low fees and near-instant block finality without forks. Algorand has been used for real-world asset tokenisation, CBDC pilots and payments. ALGO secures the network, pays fees and powers on-chain governance.
Known risks
- ⚠Slow growth of DeFi and dApp ecosystem relative to peers
- ⚠Drawdown of around 97% from the 2019 ATH — ALGO has never recovered
- ⚠Emission dilution: foundation token unlocks weighed on the price for years
- ⚠Competing with Ethereum L2s, Solana, Sui and Aptos for developers
- ⚠Low brand recognition among retail investors