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ALGO Overview

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Intellectia
24H High
0.121
24H Low
0.1115
24H Volume
53.68M
24H Volatility
8.52%
All Time High
3.440
All Time Low
0.0794
Correlation with BTC
0.53
Return On Investment
-96.49%
Market Cap
1.06B
Algorand is a self-sustaining, decentralized, blockchain-based network that supports a wide range of applications. These systems are secure, scalable and efficient, all critical properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust.The Algorand mainnet became live in June 2019, and was able to handle almost 1 million transactions per day as of December 2020. Algorand transaction metrics can be viewed here. Algorand initial coin offering (ICO) was held in June 2019, with the Algorand price of $0.24 per token.
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Official WebsiteBlock ExplorerWhitepaper

Social Media Sentiment

Bullish
Bullish
0 Bullish
0 Neutral
0 Bearish
The current sentiment of ALGO on social media as of May 5, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding ALGO's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
The current sentiment of ALGO on social media as of May 5, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding ALGO's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.
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Social Media Posts

No social media posts available

Addresses Analysis

Holding Amount

Wallet addresses by amount held in USD

$0-$1K99.73%
$1K+0.00%
$1k-$100K+0.27%

Time Held

Traders are addresses that have been holding for less than one month; holders are addresses that have been holding for longer than one year.

Cruisers10.48%
Holders84.84%
Traders4.68%

Whale Holdings

Whales are wallet addresses holding over 1% of the circulating supply.

Others75.11%
Whales24.89%

Wallet addresses by amount held in USD

$0-$1K99.73%
$1K+0.00%
$1k-$100K+0.27%

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Whitepaper Summary

Algorand is a high-performance blockchain platform that now processes up to 6,000 transactions per second with sub-4 second block finality. The platform provides robust tools for developers to build decentralized applications and digital assets using their AlgoKit development suite, which has been significantly enhanced since its initial release. The network maintains its commitment to sustainability as a carbon-negative blockchain.

News

Coinmarketcap
5.0
12:13 PMCoinmarketcap
Zenith Bank Founder Ovia Steps Down as Chairman
  • Leadership Transition: Jim Ovia, the founder of Zenith Bank, officially stepped down as Chairman on May 5, 2026, after completing the 12-year tenure mandated by Nigerian corporate governance regulations, marking a significant turning point in the bank's history.
  • Financial Performance: Under Ovia's leadership, Zenith Bank reported a pre-tax profit of N1.26 trillion in 2025, a 4.78% decrease from the previous year, primarily due to a directive from the Central Bank of Nigeria that impacted overall bank profitability.
  • Revenue Growth: In 2025, Zenith Bank's interest income surged from N2.7 trillion in 2024 to N3.6 trillion, with loans and advances contributing N1.8 trillion, reflecting a year-on-year growth of 20.15%, indicating a robust business foundation.
  • New Chairman's Challenges: Engr. Mustafa Bello, the new chairman, faces the challenge of maintaining the corporate culture and governance standards established during Ovia's tenure while navigating rising credit costs and macroeconomic volatility.
Coinmarketcap
2.0
12:12 PMCoinmarketcap
Bitcoin Price Reclaims $81,000 Level Amid Key Resistance Test
  • Price Recovery: Bitcoin price has reclaimed the $81,000 level after several trading sessions, significantly rising from the 100-day moving average of $72,000, which has strengthened the short-term structure and kept BTC within an ascending recovery channel.
  • Surge in Trading Volume: Over the past week, Bitcoin has risen by 5%, with a 22% increase in 24-hour trading volume to $45.67 billion, bringing its market cap to $1.61 trillion, indicating strong demand and market activity surrounding Bitcoin.
  • Technical Resistance: Bitcoin faces a technical barrier at the 200-day moving average, around $83,000 to $85,000, and a breakout above this area could open the path toward $89,000 and $94,000, further boosting market sentiment.
  • Miner Behavior Support: On-chain data shows that Bitcoin miners did not heavily sell during market lows, with the Miner Position Index improving but remaining below zero, indicating limited selling pressure from miners during price increases, which supports the current price recovery.
Coinmarketcap
8.5
12:12 PMCoinmarketcap
DTCC's Ambitious Blockchain Integration Set to Transform Finance
  • Blockchain Asset Trading Launch: DTCC plans to initiate trading of tokenized assets in July 2026, with a full launch in October, marking a significant transformation in traditional finance towards blockchain innovations, expected to enhance operational efficiency and transparency.
  • Collaboration with Financial Giants: The project involves over 50 financial institutions, including Ripple Prime, BlackRock, and JPMorgan Chase, illustrating a swift collaboration between Wall Street titans and digital asset specialists, accelerating the integration of traditional finance with blockchain technology.
  • Transformative Market Infrastructure: DTCC's strategic pivot is set to redefine how assets like stocks and bonds are managed and traded, emphasizing the enhancement of liquidity, transparency, and efficiency within a reliable infrastructure, signaling mainstream acceptance of new technologies in financial markets.
  • Phased Rollout Plan: A pilot trading initiative will begin in 2026, expanding to engage all relevant participants by year-end, with DTCC adopting a measured, infrastructure-focused approach to effectively assimilate blockchain technologies to meet future industry needs.
Coinmarketcap
8.5
12:11 PMCoinmarketcap
DTCC Accelerates Integration of Blockchain Assets with 2026 Launch
  • Blockchain Asset Integration: DTCC has announced that its DTC tokenization service will begin initial trades in July 2026, with a full rollout planned for October 2026, marking a significant shift in traditional financial markets' embrace of blockchain technology, which is expected to enhance market liquidity and transparency.
  • Industry Collaboration: The project involves collaboration with over 50 financial institutions, including prominent names like Ripple Prime, BlackRock, and JPMorgan Chase, reflecting the accelerating convergence between traditional finance and the digital asset sector, aimed at enabling more efficient financial systems.
  • Infrastructure Transformation: DTCC's tokenization strategy represents not just a technological adoption but a major transformation of financial infrastructure, aiming to integrate traditional clearing with blockchain-based assets on a single platform, thereby enhancing global financial stability.
  • Cautious Advancement: DTCC plans to launch pilot trading in 2026 and expand to all participants by year-end, demonstrating a cautious, infrastructure-first approach to ensure that new technologies realize their potential benefits within a regulated environment.

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Frequently Asked Questions

What is price prediction 2025 for ALGO Crypto?

I'm sorry, but I couldn't process your request at this time.

What is surpport and resistant level for ALGO Crypto?

The S1 support level for ALGO Crypto is $0.107 ,The R1 resistant level for ALGO Crypto is $0.119.

What is the current price of ALGO Crypto?

The price of ALGO Crypto was $0.115.

What is the market cap of ALGO?

The market cap of ALGO is $1.0B.