Algorand ALGO

Where ALGO sits in the market

At #64, Algorand sits in the bottom of the large-cap band, adjacent to the mid-cap cut-off. Down here the large-cap label is doing less work than it appears to. ALGO is one revision away from the mid-cap band, and the practical consequences of crossing that line — index eligibility, market-maker commitments, how much size the book absorbs — change well before the ranking does.

CryptoPingAi is currently streaming 7 live ALGO order books (Binance, Bybit, Gate.io, MEXC, HTX, Upbit…). That is coverage in line with a #64 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

ALGO against its all-time high

More than 95% separates ALGO from its all-time high of $3.56 (on 2019-06-20) — a 37.2x recovery. At that distance the high stops working as a reference at all; it belongs to a different supply structure, a different holder base and typically a different cycle. What carries information for ALGO now is the downside, so read the range section below before this one. It was set 7 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

ALGO across its historical range

The recorded range runs 44.4x, from $0.0801 to $3.56 — wide by the standards of traditional assets, moderate for this one's class.

At 19.4% above its record low of $0.0801 (on 2026-03-29), ALGO sits near the edge of its own price history. Nothing has traded beneath that level, so there is no support to reference, no volume shelf and no cost-basis cluster underneath. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

ALGO supply structure

ALGO is capped at 10.00 billion ALGO, of which only 8.91 billion is circulating — 89.1% issued, leaving 1.09 billion still to come. At that ratio the emission schedule is a primary driver of the supply story, not a footnote: new supply arrives continuously and has to be absorbed by new demand before price can hold a level.

What kind of asset ALGO is

Algorand sits in the real-world-asset category, where the token is a claim on or a representation of something held off-chain. That makes the relevant risks custodial and regulatory rather than purely market-driven: attestation quality, the identity of the custodian and the legal enforceability of redemption matter more than the chart. RWA assets also tend to move on regulatory news cycles that have nothing to do with the broader crypto tape.

CoinGecko files ALGO under 10 categories, including Layer 1 (L1), Algorand Ecosystem, Real World Assets (RWA), DWF Labs Portfolio, Multicoin Capital Portfolio. Worth flagging from the metadata: ALGO is listed in the DWF Labs portfolio, and appears in the Multicoin Capital portfolio.

How to set a Algorand alert that is worth receiving

Algorand (ALGO) — quoted on 7 venues we stream — high dated 2019-06-20 — rank #64. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →