Algorand

Today's state: Algorand is trading at $0.082600 with a $0.7 billion market capitalization (rank #72). The price moved -4.07% over the past 24 hours and is -3.89% over 7 days; the 30-day move stands at -33.62% and the 90-day at -19.49%. Both long-term and short-term horizons are pointing the same direction down — historically the regime where forced selling and capitulation are most likely to be in their later stages.

Position vs cycle: Sitting more than 70% under its prior cycle high, the asset is deep in post-peak drawdown territory — a zone associated with late-stage bear phases or a permanent downward re-rating.

Volatility and structure: 30-day realized volatility of 69.6% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Weak (22/100), in a structurally weak state, down materially on every horizon that matters.

Beyond Bitcoin, ALGO's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +0.42 — a moderate positive relationship.
• Ethereum reference: +0.40 — a weak positive relationship.
• Solana reference: +0.45 — a moderate positive relationship.

When an asset correlates strongly with multiple majors, it is trading largely as market beta — the big caps set the direction and standalone outperformance is elusive. Weak or negative correlations instead signal idiosyncratic forces (its own news, sector rotation, narrative changes) capable of producing returns the broader market does not share.

Algorand (ALGO) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.0826 as of the latest update, with a 24-hour move down 4.07%, placing it at rank #28 by market capitalisation among all listed digital assets. Algorand's current market cap stands at $738.47M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Algorand across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Algorand is a base-layer blockchain built to host other applications. What ultimately drives it is not a single headline feature but durable demand — whether builders keep deploying and users keep transacting on it versus the many competing Layer-1s.

Algorand currently ranks #72 by market capitalisation, making it a top-100 asset. About 89% of the maximum ALGO supply is in circulation today (8.94B of 10.00B), leaving a moderate emission stream still to come. It currently trades about 97% below its all-time high of $2.65 set in November 2021.

Algorand secures a Layer-1 network through proof-of-stake: rather than mining, validators bond the native token, take turns proposing and confirming blocks, and are slashed if they misbehave. The asset doubles as the gas that pays for computation and as the unit of staking and governance.

Algorand currently ranks #72 by market capitalisation, making it a top-100 asset. About 89% of the maximum ALGO supply is in circulation today (8.94B of 10.00B), leaving a moderate emission stream still to come. It currently trades about 97% below its all-time high of $2.65 set in November 2021.

The chain is used to deploy and run smart contracts, to stake for network security and yield, to pay transaction fees, and as the reserve collateral underpinning its on-chain economy. Its relevance scales with how much real application activity it hosts.

Daily volume runs at about 4.6% of market capitalisation ($33.98M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

To read Algorand's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation. At 89.4% of maximum supply already issued, the remaining issuance is a relatively small fraction of total potential supply. Sell pressure from future issuance is therefore limited. The fully diluted valuation (FDV) of $0.8 billion stands at 1.1× the current circulating market cap of $0.7 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

The macro picture for digital assets turns on three levers — Federal Reserve policy, the path of dollar liquidity, and broad risk sentiment. Historically the whole asset class has tracked the global liquidity cycle closely, expanding in easing regimes and contracting when financial conditions tighten.

Several traditional markets serve as useful cross-checks: a strong dollar (DXY) has tended to weigh on crypto; rising 10-year Treasury yields raise the cost of holding risk; gold occasionally trades as a parallel hard-money hedge; and US equities frequently move in sympathy with crypto when the driver is liquidity rather than fundamentals.

For Algorand specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, ALGO tends to follow; when they contract, the relationship typically reverses. Given the 90-day BTC correlation of +0.42, ALGO's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

Key risks include concentration of stake among a few large validators, exploits in the contracts deployed on the chain, fierce competition from other Layer-1s for the same developers and liquidity, evolving regulatory treatment of staking, and the reality that network value unwinds quickly if activity migrates elsewhere.