Algorand Self Reported Market Cap Reaches $862.77 Million (ALGO)

Posted by on Jun 17th, 2026

Algorand (ALGO) traded up 2.1% against the U.S. dollar during the one day period ending at 9:00 AM E.T. on June 17th. One Algorand coin can now be purchased for $0.0967 or 0.00000148 BTC on popular cryptocurrency exchanges. In the last week, Algorand has traded 5.8% higher against the U.S. dollar. Algorand has a total market cap of $862.77 million and approximately $39.34 million worth of Algorand was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Cronos (CRO) traded down 3.3% against the dollar and now trades at $0.0595 or 0.00000091 BTC.
  • Hedera (HBAR) traded down 1.1% against the dollar and now trades at $0.0809 or 0.00000124 BTC.
  • Avalanche (AVAX) traded up 0% against the dollar and now trades at $6.85 or 0.00010494 BTC.
  • NEAR Protocol (NEAR) traded 2.9% lower against the dollar and now trades at $2.32 or 0.00003551 BTC.
  • Internet Computer (ICP) traded 0.3% lower against the dollar and now trades at $2.41 or 0.00003692 BTC.
  • Cosmos (ATOM) traded up 0.1% against the dollar and now trades at $1.99 or 0.00003053 BTC.
  • Fetch.ai (FET) traded down 1.2% against the dollar and now trades at $0.21 or 0.00000316 BTC.
  • Akash Network (AKT) traded up 6.3% against the dollar and now trades at $0.85 or 0.00001305 BTC.
  • PayProtocol Paycoin (PCI) traded down 0.8% against the dollar and now trades at $0.0395 or 0.00000061 BTC.
  • Theta Fuel (TFUEL) traded down 0.6% against the dollar and now trades at $0.0085 or 0.00000013 BTC.

Algorand Coin Profile

Algorand uses the hashing algorithm. Its genesis date was June 11th, 2019. Algorand’s total supply is 10,000,000,000 coins and its circulating supply is 8,925,894,252 coins. Algorand’s official Twitter account is @algofoundation and its Facebook page is accessible here. The official message board for Algorand is forum.algorand.org. Algorand’s official website is algorand.foundation. The Reddit community for Algorand is https://reddit.com/r/algorandofficial and the currency’s Github account can be viewed here.

According to CryptoCompare, “Algorand (ALGO) is a decentralized, permissionless blockchain protocol and open-source cryptocurrency used to facilitate transactions and secure the network against malicious actors. It is designed to provide fast, secure, and reliable transactions with low transaction fees and scalability. Algorand (ALGO) is an asset-agnostic, proof-of-stake protocol used for transferring money, purchasing goods and services, sending messages securely, creating and deploying decentralized applications (dApps), tokenizing assets, and creating smart contracts. Algorand (ALGO) is a valuable asset for investors due to its low transaction fees, scalability, and security. It was created by Silvio Micali, a Turing Award-winning professor at MIT and renowned cryptography expert, and is managed by the Algorand Foundation.”

Algorand Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Algorand directly using U.S. dollars. Investors seeking to acquire Algorand should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Algorand using one of the exchanges listed above.

ALGO/USD price chart by TradingView

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