Algorand

Track record score 72 out of 100. Algorand has a solid track record, operating for over 7 years with no historical incidents reported. However, it has encountered one regulatory action, which impacts its score. Additionally, there are two concerns identified through research that further affect its overall standing.

Economic design score 100 out of 100. Algorand's economic design is exemplary, boasting a defined hard cap of 10 billion coins and maintaining a 100% circulation ratio. This ensures that all of its total supply is actively in circulation, reflecting a well-structured and robust economic model.

Developer health score 53 out of 100. The developer activity around Algorand is moderate, with 1,426 GitHub stars and 526 forks indicating a reasonable level of interest from the community. However, the commit cadence is somewhat lacking, with only 14 commits made in the last four weeks, which may suggest a slower pace of ongoing development compared to other projects.

Network security score 72 out of 100. Algorand shows a commendable level of network security, being over 7 years old with no recorded incidents. However, its economic security is a concern, as its market cap is just over $1 billion, which may present risks that need to be monitored in a rapidly changing environment.

Social behavioral score 54 out of 100. Algorand has a diverse social presence, including a Telegram channel with nearly 20,000 members; however, its social audience metrics on other platforms are limited. While sentiment is overwhelmingly positive, it faces additional concerns raised through research and a regulatory flag that may affect community confidence.

Adoption liquidity score 53 out of 100. Algorand's liquidity profile shows room for improvement, with a daily trading volume of approximately $63 million and a market cap around $1 billion. It is well-listed across 65 centralized exchanges, 35 of which have a high trust rating, but increasing adoption and engagement might enhance its liquidity and overall standing.

Investing in Algorand carries inherent risks common to cryptocurrency assets, particularly given its regulatory history and the moderate scores in key safety metrics. Potential investors should consider these factors carefully as they navigate this asset's opportunities and challenges.