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Algorand

ALGO PoS Platform Research
$0.1106
-1.90% (24h)

Market Stats

Price
$0.1106
-1.90% (24h)
Market Cap
$985.7M
Volume (24h)
$25.92M
Supply
8.91B ALGO
FDV
$1.11B

Shariah Analysis

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Last Screening: Q1 2024

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Risk Analysis

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In-Depth Analysis
Project Token Reward System Legitimacy
Project/Products Use Case Status

Technical Analysis

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Trading Signals
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Advanced Indicators (36 more)

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About Algorand

Algorand is a Layer-1 blockchain that supports a vibrant and innovative ecosystem by enabling a diverse range of projects, including tokenizing real-world assets, advancing DeFi, and developing traceability solutions. As both a digital currency and blockchain platform, Algorand (ALGO) is designed to process a high volume of transactions swiftly, comparable to major payment processors like Mastercard and Visa.

Consensus Mechanism

Pure Proof of Stake