Algorand ALGO
Rank #74 by market cap
Last 7 days
CM Profile: Algorand
Cryptominium Profile. What we have established, measured and written about ALGO, and what we have not.
- Measured
- Selling $100,000 on 2 exchange order books lost between 0.29% and 0.40%, on 8 October 2026.
- Its price, recorded by us every day since 9 August 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold ALGO. How each part is worked out
What changed
Week to 8 October- Price down 4.6% since 1 October.
- 24-hour volume $158M, 3.5× its 30-day median.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell ALGO
Selling $100,000 of ALGO into each exchange’s resting bids, measured against the mid price:
| Exchange | Lost | Got back | Measured |
|---|---|---|---|
| Kraken ALGO/USD | 0.29% | $99,707 | 2026-10-08 |
| Coinbase ALGO/USD | 0.40% | $99,605 | 2026-10-08 |
Exchange figures need an account there (and KYC, a permitted country, the tokens already deposited), are before trading fees, and are never averaged with the on-chain figure. Binance is not included: it refuses requests from the region our servers are in. How this is measured →
Watch this number instead of remembering it. A free account keeps ALGO on a list, records where it stood the day you added it, and emails you if selling it on these exchanges gets materially harder — one message, not a series. The measurement itself stays public; the account is for being told when it moves without you looking.
What Algorand is
Algorand was launched in 2019 by Silvio Micali, an MIT professor and Turing Award winner whose earlier work is foundational to modern cryptography. Its consensus design is unusual in a specific way: a small committee is selected at random for each block, secretly, so that nobody knows in advance who will be chosen and there is no one to bribe or attack.
The practical result is that blocks are final immediately. There is no waiting for confirmations and no possibility of the chain reorganising, which matters a great deal for payments and for any application where a reversed transaction would be a real problem.
Its difficulties have been economic rather than technical. Early distribution, including a token sale structure and large foundation holdings released on a schedule, put sustained selling pressure on the price for years. Adoption has skewed heavily toward institutional pilots, central bank experiments and government partnerships — announcements that generate headlines but frequently do not translate into sustained on-chain activity. And the relay nodes that propagate blocks were a permissioned set for much of the network's life, which is a meaningful qualification to describe alongside the decentralisation claims.
What Algorand can do
Selling $100,000 on Kraken lost 0.29% against the mid price, before trading fees. Check your own amount →
Our own measurement · measured 8 October 2026
Algo sits in an account controlled by a private key. Every account has to keep a minimum of 100,000 microAlgos, which is 0.1 Algo: a transaction that would take the balance below that fails. What a wallet actually is →
Source: Algorand docs: accounts · checked 2 October 2026
Algo earns rewards only from an account that commits at least 30,000 Algo to running the network, which takes a computer running a node. The Algo stays in the holder's own wallet throughout. Holders with less can join a staking pool.
Source: Algorand: staking rewards FAQ · checked 2 October 2026
Algorand runs programs stored on its chain, written in Python or TypeScript and run by its own virtual machine. Each app is its own code with its own flaws.
Source: Algorand docs: smart contracts · checked 2 October 2026
The supply of Algo is capped at 10 billion. Staking rewards are paid from transaction fees and, for about two years, from a fixed pool held by the Algorand Foundation.
Source: Algorand: staking rewards FAQ · checked 2 October 2026
What a coin can do is not a reason to buy it or to sell it. Each answer names its source and the day we read it; where we could not source one, the row is left out. How these are written · Every coin we have written up
About the asset
Algorand has no token contract — it is the native asset of its own chain, not a token issued on someone else's.
Price change
Algorand data synced 3m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell ALGO.