Algorand

Algorand

ALGO #68
BB 67% L1 Protocol
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Project Safety Score: 67%

Updated 12 minutes ago
AlgorandALGO
Market Cap$1013766561
24hr Volume$63006352
24hr Change2.1%
Price$0.113789
Coverage: 6 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track Record
72 BBB
100% · medium
Economic Design
100 AAA
100% · high
Developer Health
53 CCC
100% · medium
Network Security
72 BBB
100% · medium
Social Behavioral
54 CCC
80% · low
Adoption Liquidity
53 CCC
100% · high

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ALGO Algorand Details
Type
Smart Contract Platform, Layer 1 (L1), Real World
Launched
2019
HQ
Boston, USA
Team
Anonymous
Smart Contract PlatformLayer 1 (L1)Algorand EcosystemReal World Assets (RWA)DWF Labs PortfolioMulticoin Capital PortfolioProof of Stake (PoS)GMCI Layer 1 Index

Algorand is a decentralized digital currency and smart contract platform founded in 2017 by Silvio Micali. It employs a variation of Proof-of-Stake known as Pure PoS to secure its network and achieve consensus for block production. The platform supports the development of decentralized applications using widely used programming languages, including Python.

The protocol enables a range of applications, such as payment systems, digital identity solutions, supply-chain tracking, and financial services. Its architecture allows for the tokenization of assets and the creation of smart contracts, catering to both retail users needing basic transaction functionalities and enterprises that require more complex blockchain solutions.

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Track record score 72 out of 100. Algorand has demonstrated a solid operational history, maintaining a live status for 7.3 years with no historical incidents recorded. While there has been one regulatory action flagged, the project has managed to maintain a generally favorable reputation. However, some concerns noted by research indicate an element of cautiousness.

Economic design score 100 out of 100. Algorand exhibits an exceptional economic design, boasting a clearly defined hard cap of 10 billion tokens, with 100% of the total supply currently circulating. This strong economic framework provides confidence in the asset's sustainability and long-term viability.

Developer health score 53 out of 100. The developer engagement for Algorand shows mixed metrics, with 1,426 GitHub stars and 526 forks, indicating a decent level of interest. However, the commit activity has been moderate, with only 14 commits in the past month and 115 contributors, which may suggest areas for growth in development activity.

Network security score 72 out of 100. Algorand maintains a reasonable network security profile with a market cap of over $1 billion. Its established chain of 7.3 years is bolstered by a clean incident history; however, the lower economic security score suggests potential vulnerabilities that should be monitored carefully.

Social behavioral score 54 out of 100. The social sentiment surrounding Algorand is predominantly positive, with a 96% favorable opinion. Nevertheless, the lack of metrics on influencer signals and limited audience data from social analytics could imply potential shortcomings in community engagement. Two research-identified concerns also warrant attention.

Adoption liquidity score 53 out of 100. Algorand shows moderate adoption liquidity, with a daily trading volume of approximately $63 million and a substantial presence across 65 centralized exchanges, 35 of which are considered trustworthy. However, the asset's market cap ranking may indicate limited investor activity, impacting overall liquidity.

Investing in Algorand, like any crypto asset, comes with inherent risks including market volatility and regulatory scrutiny. While the project demonstrates some strong fundamentals, potential investors should consider these factors when evaluating its long-term stability and growth potential.

  • Silvio Micali - Founder LinkedIn ↗
    Prior: MIT Professor, Turing Award Winner
    Renowned cryptographer and computer scientist.
View whitepaper ↗ (2016)
Quality: high
Max supply: 10000000000
  • SEC 2025-11-23
    Classified ALGO as an unregistered security in lawsuits against exchanges
  • Strong market liquidity
  • Positive social perception
  • High-quality whitepaper
  • Regulatory action has been taken against this project
  • Development team remains anonymous
  • No recent developer activity data available

Price Chart - Algorand

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100%
Profile Status
Data completeness
No missing data
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$3.56
All-Time Low$0.0801
Circulating8907656768
Total Supply8907680795

Community Sentiment

👍 96% 4% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

Algorand Stories

Developer Activity

GitHub stars⭐ 1426
Forks526
Watchers70
Commits (4 weeks)14
PRs merged3921
View on GitHub →

Algorand GitHub