Algorand (ALGO) Coin Check
Algorand is a Layer 1 blockchain with Pure Proof of Stake, where smart contracts run on the AVM (Algorand Virtual Machine). ALGO is used for gas, staking and governance (90-day lock as a "Governor") and as collateral in Algorand DeFi, and finality has been under 3 seconds since the Dynamic Lambda upgrade in 2024.
The analysis in detail
Founders, investors, token distribution, lockups and unlocks at a glance, with sources and dates.
Who bought when at what price, and how much is still coming to the market.
The most important risks with evidence, plus how overheated Algorand is compared with its own history.
What speaks against the project and what to watch out for.
The full analysis for Algorand and more than 1,000 other coins
Tokenomics, team, risks and utility – six pillars, one grade. From the COMPASS plan.
See plansFrequently asked questions
What is Algorand?
Algorand is a Layer 1 blockchain with Pure Proof of Stake, where smart contracts run on the AVM (Algorand Virtual Machine). ALGO is used for gas, staking and governance (90-day lock as a "Governor") and as collateral in Algorand DeFi, and finality has been under 3 seconds since the Dynamic Lambda upgrade in 2024.
How does CryptoCompass rate Algorand?
With an overall grade of 3.0 (50 out of 100) across six pillars: tokenomics, team, utility, security, execution and relevance. Grades range from 1.0 (very strong) to 5.0 (very weak). The reasoning for each pillar is inside CryptoCompass.
How far is Algorand from its all-time high?
The all-time high of ALGO is $3.56 (20 Jun 2019). On 22 Oct 2026, ALGO trades at $0.1110, which is 97% below it.
Is the grade a buy recommendation?
No. We rate the structure of the project, not the price. A good grade says nothing about whether the price is currently cheap. Not investment advice.
More coins in the Coin Check
We rate the structure of the project, not the price. Not investment advice. Crypto is highly risky and a total loss is possible. Price data: CoinGecko, as of 22 Oct 2026.