- 1. Key Takeaways
- 2. Algorand (ALGO) Key Data (October 2026)
- 3. What Is Algorand (ALGO)?
- 4. Algorand News: What Has Happened in 2026
- 5. ALGO Price History
- 6. ALGO Price Prediction 2026
- 7. ALGO Price Prediction 2027
- 8. ALGO Price Prediction 2028 and 2029
- 9. ALGO Price Prediction 2030
- 10. ALGO Price Prediction 2040
- 11. What Drives the ALGO Price?
- 12. Can ALGO Reach $1?
- 13. Key Risks of ALGO
- 14. Where to Buy ALGO
- 15. Is Algorand (ALGO) a Good Investment?
- 16. Frequently Asked Questions
Last Updated: October 27, 2026
Quick Answer: Algorand (ALGO) trades near $0.10 as of October 27, 2026, with a market cap of about $930 million (#64 on CoinMarketCap). It is down about 7% since the end of 2025 and about 97% below its all-time high of $3.28 from June 2019, and it hit a new all-time low of $0.0758 on July 29. Central estimates from the models we track put ALGO between about $0.056 (CoinLore) and $0.108 (Changelly) at the end of 2026, and between about $0.065 (CoinCodex) and $0.18 (CoinLore) in 2030. In March, the SEC named ALGO a digital commodity.
Algorand is a proof-of-stake layer 1 blockchain that went live in June 2019, and ALGO is its native coin, used for transaction fees and staking. In 2026, the SEC said ALGO is a digital commodity, the Algorand Foundation moved back to the US and took over Algorand Technologies’ protocol work, a new CEO took charge, and the network added post-quantum accounts. The price set a record low in July, rose about 88% to an intraday high in early October and has since fallen about 28%.
This update covers the current ALGO price, the main 2026 developments, the latest forecasts for 2026 to 2030 and 2040, and what it would take for ALGO to reach $1.
Key Takeaways
- ALGO trades about 97% below its all-time high of $3.28, set on June 21, 2019, its first trading day, and hit a new all-time low of $0.0758 on July 29, 2026, according to CoinMarketCap
- The coin is down about 7% since the end of 2025: it peaked at $0.145 on January 6, fell to its record low in July, then rose 45% in September, its best month
- The SEC named ALGO a digital commodity in a March 17 interpretive release, saying its value derives from a functional crypto system and supply and demand rather than from the expectation of profits from the essential managerial efforts of others
- The Algorand Foundation moved back to the US, took over Algorand Technologies’ intellectual property and protocol work, and made former Chainlink executive William Herkelrath CEO from August 31
- The v5.0 upgrade in August added native post-quantum accounts, and the Foundation aims for broad quantum resilience by the end of 2027
- Central estimates from current models put ALGO between about $0.056 and $0.108 at the end of 2026, with three of four below today’s price, and between about $0.065 and $0.18 in 2030
Algorand (ALGO) Key Data (October 2026)
| Metric | Value |
|---|---|
| Price (October 27, 2026) | About $0.1025 |
| Market Cap | About $930M |
| Fully Diluted Valuation | About $1.02B |
| CoinMarketCap Rank | #64 |
| 24h Trading Volume | About $64M |
| Circulating Supply | About 9.07 billion ALGO (90.7% of max) |
| Max Supply | 10 billion ALGO |
| All-Time High | $3.28 (June 21, 2019) |
| Drop From ATH | About 96.9% |
| All-Time Low | $0.0758 (July 29, 2026) |
| 2026 Range | $0.0758 (July 29) to $0.145 (January 6) |
| 2025 Close | About $0.1103 |
| DeFi TVL | About $32M (DefiLlama) |
Sources: CoinMarketCap, CoinGecko and DefiLlama. CoinGecko shows the same circulating supply but ranks ALGO #77 and lists an all-time high of $3.56 and an all-time low of $0.07573. This article measures the year-to-date change from the December 31, 2025 close; CoinMarketCap’s own figure starts from the January 1 close and shows a decline of about 15%.
What Is Algorand (ALGO)?
Algorand is a layer 1 blockchain created by Silvio Micali that runs on what it calls Pure Proof-of-Stake: ALGO holders who take part in consensus propose and confirm blocks, and the coin is used to pay transaction fees. The network supports smart contracts, tokens and stablecoins such as USDC, and it hosts payment projects such as HesabPay, which the Foundation says has supported more than 600,000 refugee returnees in Afghanistan. Since 2022, Algorand has signed its State Proofs with Falcon, a post-quantum signature scheme.
ALGO has a maximum supply of 10 billion, about 91% of which is already in circulation. Since January 2025, accounts with at least 30,000 ALGO that pay a 2 ALGO opt-in fee can earn staking rewards for taking part in consensus, with no lockup period and no slashing, according to the Algorand Foundation; smaller holders can join pools. The Foundation, now based in Delaware, leads development of the protocol. More background is available on the official Algorand website.
Algorand News: What Has Happened in 2026
SEC classification. On March 17, the SEC published interpretive guidance on how securities laws apply to crypto assets. In a footnote to the release, it named Algorand (ALGO), along with LBRY Credits, a digital commodity “based on their characteristics, terms, and functions as of the date of this release,” because its value derives from the operation of a functional crypto system and from supply and demand “rather than from the expectation of profits from the essential managerial efforts of others.” The 16 main examples the SEC listed all underlie futures contracts on CFTC-regulated markets, which it said explains their selection. ALGO does not, and the SEC said that is not required for a crypto asset to be a digital commodity.
A US-based Foundation. In January, the Algorand Foundation announced its return to the United States and a new board of directors; its headquarters are now in Delaware. On March 19, it agreed with Algorand Technologies, the company founded by Micali, to bring Algorand Technologies’ intellectual property and protocol development under the Foundation, which committed at least $15 million to maintaining and improving the protocol. In a March 18 post on X, quoted by Decrypt, the Foundation said it had cut its workforce by 25%.
New leadership. William Herkelrath, a former Chainlink executive and co-founder of K3 Labs, became CEO on August 31, succeeding Staci Warden, who led Algorand for nearly five years. The Foundation said he will lead its push into institutional finance and quantum-resistant security. In October, Crypto Briefing and The Defiant reported that the Foundation’s chief technology officer, Bruno Martins, and its chief strategy and marketing officer, Marc Vanlerberghe, had also left.
Post-quantum push. On March 31, a Google Quantum AI paper cited Algorand as “an example of real-world deployment” of post-quantum cryptography on a blockchain, while noting that its consensus still relies on a quantum-vulnerable signature scheme. In June, the Foundation published a roadmap that aims for broad quantum resilience by the end of 2027. The v5.0 consensus upgrade, which reached the required 90% support on August 15, added native post-quantum accounts, higher fees for transactions that use more network resources and a doubled size limit for smart contracts.
Network activity. The Foundation’s August report counted 32.9 million transactions, 677,000 monthly active wallets and just over 2 billion ALGO staked, with the community holding 80.6% of the stake. In April, Algorand joined the JVCEA Green List, which speeds up listings on Japanese exchanges, and new xChain Accounts let users of EVM wallets such as MetaMask use Algorand. DeFi remains small: DefiLlama counts about $32 million in total value locked, down from $47 million at the end of 2025.
Foundation tokens and staking. The Foundation held about 1.08 billion ALGO at the end of March, after selling 24 million ALGO in the first quarter through structured sales from publicly disclosed wallets. Validators earned 53.6 million ALGO in staking rewards in the first eight months of 2026, according to the Foundation. Its staking FAQ says the per-block bonus started at 10 ALGO, falls by 1% every million blocks and comes from a fixed Foundation pool that it committed to provide for about 24 months. The FAQ does not say when the 24 months began; counted from the January 2025 launch, they would end around January 2027.
ETFs. We found no filing for a US spot Algorand ETF on SEC EDGAR. In Europe, 21Shares has offered an Algorand exchange-traded product since November 2021, and Valour listed an Algorand product in Sweden in July 2025.
ALGO Price History
| Date | Key Level (CoinMarketCap) |
|---|---|
| June 21, 2019 | First trading day; all-time high of $3.28 |
| End of 2019 | $0.2175 (down 93% from the first-day close) |
| End of 2020 | $0.3340 (up 54%) |
| End of 2021 | $1.6600 (up 397%) |
| End of 2022 | $0.1728 (down 90%) |
| End of 2023 | $0.2228 (up 29%) |
| End of 2024 | $0.3337 (up 50%) |
| End of 2025 | $0.1103 (down 67%) |
| January 6, 2026 | 2026 high of $0.1454 |
| July 29, 2026 | All-time low of $0.0758 |
| October 27, 2026 | About $0.1025 |
ALGO began trading on June 21, 2019, set its all-time high of $3.28 that day and ended the year 93% below its first-day close. In the 2021 rally, it closed as high as $2.38 on September 12, and its market cap peaked at about $13.4 billion on November 12, 2021, on a daily closing basis. ALGO last closed above $1 on February 9, 2022. It rose in 2023 and 2024, reaching $0.60 in December 2024, then lost 67% in 2025.
In 2026, ALGO peaked on January 6 and fell 15% in February, when a market-wide sell-off on February 5 cut both Bitcoin and ALGO by about 14%. On February 6, it fell below its previous record low of $0.0876 from September 2023. It rose about 50% between the March 30 and April 3 closes, after Google’s quantum paper cited Algorand, but lost 35% in June, its worst month, and hit its all-time low of $0.0758 on July 29. ALGO gained 45% in September, its best month, including a jump of about 14% on September 28 on the year’s highest trading volume, and reached $0.1426 intraday on October 8. It is down about 15% for October through October 26.
ALGO Price Prediction 2026
With about two months left in the year, the central estimates of three of the four models we track put ALGO below today’s price at the end of 2026.
| Source | Low | Average | High |
|---|---|---|---|
| CoinCodex (December 2026; headline target $0.08343) | $0.08230 | $0.08285 | $0.08343 |
| CoinLore (bear / base / bull) | $0.0338 | $0.0564 | $0.3364 |
| Traders Union (December 2026) | $0.0765 | $0.0781 | $0.0797 |
| Changelly (December 2026) | $0.103 | $0.108 | $0.112 |
CoinCodex expects about $0.083 by the end of the year, roughly 19% below today’s price; its headline target of $0.08343 is the top of its narrow December range. Traders Union expects about $0.078, a drop of about 24%, although its page summary quotes $0.0918, which is its November average. CoinLore’s base case of $0.0564, given only in its text, would be a fall of about 45%, while its bull case of $0.3364 would be about 3.3 times today’s price. Changelly is the only model above today’s price, with a December average of $0.108, about 5% higher, although its 2026 summary gives $0.102, its November figure, and older passages on the same page still quote an October 18 price of $1.73 and a 2030 target of $59.90 that contradict its own table. All four pages are dated October 27 and show a price close to today’s, and Changelly’s monthly table starts from it.
We do not use the figures from CoinDataFlow, whose ALGO forecasts were almost the same multiples of the current price as its forecasts for other coins, or from BeInCrypto, whose ALGO page shows placeholder values such as a $0.00 price.
ALGO trades about 7% below its 50-day moving average of $0.1103 and about 3% above its 200-day average of $0.0994, with a 14-day RSI of about 40, according to CoinCodex.
Range of central 2026 estimates: about $0.056 to $0.108.
ALGO Price Prediction 2027
| Source | Low | Average | High |
|---|---|---|---|
| CoinCodex (monthly range) | $0.05528 | $0.07322 | $0.08802 |
| CoinLore (bear / base / bull) | $0.0463 | $0.0772 | $0.4141 |
| Traders Union (end of 2027) | n/a | $0.0595 | n/a |
| Changelly (December 2027) | $0.0661 | $0.0891 | $0.112 |
The central 2027 estimates range from about $0.060 at Traders Union to $0.089 at Changelly, all below today’s price. CoinCodex’s monthly path falls from a high of $0.088 in January 2027 to a low of $0.055 in December. Traders Union’s monthly table ends in October 2027, at an average of $0.11, so its year-end figure has no matching December row and should be treated with caution. Most of these models are built mainly on past prices.
ALGO Price Prediction 2028 and 2029
| Source | 2028 (central) | 2029 (central) |
|---|---|---|
| CoinCodex (average of monthly forecasts) | $0.0621 | $0.0571 |
| CoinLore (base case) | $0.1144 | $0.1210 |
| Traders Union (end of year) | $0.0649 | $0.0548 |
| Changelly (December average) | $0.0642 | $0.0590 |
For 2028 and 2029, central estimates range from about $0.055 to $0.12, and only CoinLore’s base cases are above today’s price. CoinLore’s bull case for 2029 ($1.23) is higher than its bull case for 2030.
ALGO Price Prediction 2030
| Source | Low | Average | High |
|---|---|---|---|
| CoinCodex (monthly range; headline target $0.0744) | $0.04842 | $0.06476 | $0.07960 |
| CoinLore (bear / base / bull) | $0.1071 | $0.1786 | $0.9134 |
| Traders Union (end of 2030) | n/a | $0.0848 | n/a |
| Changelly (December 2030) | $0.0499 | $0.0670 | $0.0824 |
2030 estimates split. CoinCodex’s average of $0.0648 and Changelly’s $0.067 imply declines of about 35% to 37%, CoinCodex’s headline target of $0.0744 would be about 27% below today’s price, and Traders Union expects about $0.085, roughly 17% lower. CoinLore’s base case of $0.1786 would be a gain of about 74%. CoinLore’s page says ALGO could approach $0.91 by 2030, but that is its bull case, about 8.9 times the current price.
All forecasts are third-party model estimates, not investment advice.
ALGO Price Prediction 2040
Long-range forecasts are highly speculative. CoinCodex projects about $0.158 by 2040, within its December 2040 range, Changelly about $0.175 and Traders Union about $0.10. CoinLore is far more optimistic, with a base case of $1.41 and a bull case of $4.10.
What Drives the ALGO Price?
- Staking rewards and supply: circulating supply has grown about 2.7% in 2026, to about 9.07 billion ALGO, and the Foundation’s roughly 24-month staking bonus commitment would end around January 2027 if counted from the January 2025 launch.
- Foundation sales: the Foundation held about 1.08 billion ALGO at the end of March and says it can halt its structured sales at any time.
- Regulation: the SEC’s March guidance treats ALGO as a digital commodity rather than a security, but we found no US spot ALGO ETF filing on SEC EDGAR.
- Post-quantum security: ALGO rose about 50% in four days after Google’s quantum paper cited Algorand, and the Foundation targets broad quantum resilience by the end of 2027.
- Network use: DeFi value locked on Algorand fell about 31% in 2026 on DefiLlama’s count, while the Foundation reported a 30% monthly rise in active wallets in August.
- The wider market: like most altcoins, ALGO tends to move with Bitcoin and overall risk appetite, as on February 5, when both fell about 14%. Our Bitcoin price prediction covers the market leader.
Can ALGO Reach $1?
Not on the central estimates of any model we track before 2039; until then, only bull cases go above $1, starting with CoinLore’s $1.23 for 2029. ALGO last closed above $1 on February 9, 2022. With about 9.07 billion ALGO in circulation, each price level implies a market cap that can be compared with other coins.
| ALGO Price | Market Cap Needed | Multiple of Today’s Price | For Comparison |
|---|---|---|---|
| $0.25 | About $2.3B | About 2.4x | Between Polkadot ($1.7B) and Hedera ($3.4B) today |
| $0.50 | About $4.5B | About 4.9x | Between Avalanche ($3.9B) and Stellar ($5.9B) today |
| $1 | About $9.1B | About 9.8x | Above Chainlink ($8.5B) today |
| $3.28 (ATH) | About $29.8B | About 32x | Below TRON ($31.1B) today |
| $5 | About $45.4B | About 48.8x | Below Solana ($59.0B) today |
At $1, ALGO’s circulating market cap would be about two-thirds of its record of about $13.4 billion from November 2021, and its fully diluted value would be $10 billion. Because circulating supply has grown from about 6.2 billion ALGO in November 2021 to about 9.07 billion, matching that record today would take a price of about $1.48, and a return to the $3.28 all-time high would require about $29.8 billion, more than twice ALGO’s highest market cap so far. Among central estimates, only CoinLore’s base cases for 2039 ($1.15) and 2040 ($1.41) pass $1. Our Cardano price prediction covers another proof-of-stake layer 1.
Key Risks of ALGO
- Deep drawdown: ALGO trades about 97% below its 2019 high, set a new all-time low in July 2026 and is down about 46% over the past year
- Staking funding: the Foundation committed to fund the per-block staking bonus for about 24 months, which would end around January 2027 if counted from the January 2025 launch, and we found no announcement of what follows
- Foundation selling: the Foundation held about 1.08 billion ALGO in March and sold 24 million ALGO in the first quarter through structured sales
- Leadership changes: a new CEO took over in August, and reports say the chief technology officer and the chief strategy and marketing officer left in October
- Low DeFi activity: DefiLlama counts about $32 million in value locked on Algorand, down about 31% in 2026
- Data gaps: the Foundation’s own August report gives a TVL of $67 million, about twice DefiLlama’s figure, and CoinMarketCap and CoinGecko disagree on the all-time high
- Model limits: most forecasts extrapolate past prices, and their central 2030 estimates range from about $0.065 to $0.18
Where to Buy ALGO
ALGO has spot markets on major exchanges including Binance (ALGO/USDT, ALGO/USDC and ALGO/TRY), Coinbase (ALGO/USD), Kraken (ALGO/USD and ALGO/EUR), OKX (ALGO/USDT) and Crypto.com (ALGO/USD). CoinGecko also lists active ALGO markets on Bybit, MEXC and Gate. Availability depends on your country, so check what each platform offers where you live. Our guide to the best crypto exchanges compares fees and features.
ALGO is the native coin of the Algorand blockchain, so it must be sent on the Algorand network to a wallet that supports it; check the network before withdrawing from an exchange. Our crypto wallets guide explains the trade-offs between wallet types. Before acting on market-moving claims about ALGO, such as ETF filings or leadership changes, check them against primary sources; our guide on how to verify crypto news and rumors explains how.
Is Algorand (ALGO) a Good Investment?
That depends on your view of Algorand’s technology, whether its usage can grow and your tolerance for risk. The bull case rests on the SEC’s view that ALGO is a digital commodity, Algorand’s early work on post-quantum security, its US-based Foundation and the new CEO’s focus on institutional finance. The bear case is that ALGO set a new all-time low in 2026, DeFi activity is small, the Foundation still holds and sells ALGO, and the central estimates of three of the four models we track see ALGO ending 2026 below today’s price.
ALGO has lost about 97% of its value since its 2019 peak, and further losses are possible. The future of staking rewards once the Foundation’s bonus commitment ends, possibly around January 2027, the Foundation’s token sales, progress on the post-quantum roadmap and the direction set by the new leadership are the main known factors that could affect ALGO over the next year. For more forecasts across the market, see our crypto price predictions.
Data sources: CoinMarketCap (price, market cap, supply, all-time high and low, price history), CoinGecko, the Algorand Foundation’s website, blog, staking FAQ, monthly reports, Q1 2026 transparency report and press releases, the SEC (interpretive release 33-11412 and EDGAR), Google Quantum AI (as cited by the Algorand Foundation), 21Shares, Valour, DefiLlama (TVL), exchange data from Binance, Coinbase, Kraken, OKX and Crypto.com, reporting by Decrypt, Crypto Briefing and The Defiant, and the forecast pages of CoinCodex, CoinLore, Traders Union and Changelly, as of October 27, 2026.
Frequently Asked Questions
What is the Algorand price prediction for 2026?
Central estimates from current models put ALGO between about $0.056 and $0.108 at the end of 2026, against a late October price of about $0.10. CoinCodex expects about $0.083 and Traders Union about $0.078, while CoinLore’s base case is $0.056. Changelly is the only model above today’s price, at about $0.108. CoinLore’s bull case is $0.34.
What is the Algorand price prediction for 2030?
2030 estimates split. CoinCodex’s average of $0.065, Changelly’s $0.067 and Traders Union’s $0.085 point to declines of about 17% to 37% from the late October price, while CoinLore’s base case of $0.18 implies a gain of about 74%. CoinLore’s bull case is $0.91. By 2040, central estimates range from about $0.10 to $1.41.
What factors influence Algorand’s price?
The main factors are the wider crypto market, staking rewards and supply growth, Algorand Foundation token sales, regulation and network use. The Foundation sold 24 million ALGO in the first quarter of 2026, and its staking bonus commitment would end around January 2027 if counted from the program’s launch. The SEC named ALGO a digital commodity in March, and post-quantum news has coincided with sharp price moves.
Is Algorand a good investment?
That depends on your risk tolerance and your view of the network. Supporters point to the SEC’s digital commodity classification, Algorand’s post-quantum security work and its US-based Foundation. Critics point to a 97% fall from the 2019 high, a new all-time low in July 2026, small DeFi activity and Foundation token sales. Most central forecasts see ALGO lower at the end of 2026.
What is Algorand?
Algorand is a proof-of-stake layer 1 blockchain created by Silvio Micali that went live in June 2019. ALGO is its native coin, used for transaction fees and staking, with a maximum supply of 10 billion. The network supports smart contracts, tokens and stablecoins such as USDC, and in 2026 it added native post-quantum accounts through its v5.0 upgrade.
Can ALGO reach $1?
Not on the central estimates of any model we track before 2039, when CoinLore’s base case reaches $1.15. ALGO last closed above $1 in February 2022. At $1, it would need a circulating market cap of about $9.1 billion, nearly 10 times today’s value and about two-thirds of its November 2021 record of about $13.4 billion.
How do I buy Algorand?
ALGO trades on major exchanges including Binance, Coinbase, Kraken, OKX and Crypto.com, and CoinGecko also lists markets on Bybit, MEXC and Gate. Availability depends on your country, so check each platform’s supported assets before buying. ALGO is Algorand’s native coin, so use a wallet that supports the Algorand network if you plan to withdraw it.
Nothing in this article is financial advice. Cryptocurrency investments carry substantial risk.