What is the current Algorand (ALGO) price?

The ALGO price shown on this page is fetched live from CoinGecko every 30 seconds. The CoinGecko identifier for Algorand is 'algorand'. ALGO trades on all major cryptocurrency exchanges including Coinbase, Binance, Kraken, Bybit, OKX, and Gemini. ALGO is also available directly via the Algorand Foundation's ecosystem tools and on Tinyman, Pact, and other Algorand-native DEXs. CoinGecko aggregates prices from all exchanges to show a volume-weighted average.

How cheap are Algorand transaction fees?

Algorand transaction fees are set at a minimum of 0.001 ALGO per transaction — among the lowest of any major smart contract blockchain. At $0.40 per ALGO, a transaction costs $0.00040 (four one-hundredths of a cent), meaning $1 funds approximately 2,500 transactions. This fee is not variable like Ethereum's gas model — it is a fixed protocol minimum. For complex smart contract interactions, the fee scales slightly with the size of the transaction in bytes, but even complex transactions rarely exceed 0.01–0.1 ALGO in fees. This predictability and extreme low cost makes Algorand attractive for high-frequency applications, micropayments, and tokenisation.

How does Algorand governance work and what is the current APY?

Algorand Governance is a quarterly programme where ALGO holders commit a fixed number of tokens for a full governance period (approximately 3 months) and vote on at least one governance proposal. Governors who successfully commit and vote receive ALGO rewards at the end of the period. The APY has varied between approximately 5% and 15% depending on how many ALGO are committed in each period. To earn rewards, you must not let your committed balance fall below the committed amount during the period. Governance is managed through the Algorand Governance portal at governance.algorand.foundation. Rewards are paid in ALGO and are taxed as ordinary income at fair market value when received.

What is the 0.1 ALGO minimum balance and why does it exist?

Every Algorand wallet must maintain a minimum balance of 0.1 ALGO (the base account minimum) to remain active on the network. This requirement prevents spam account creation and helps maintain network quality. The minimum increases by 0.1 ALGO for each additional asset (ASA — Algorand Standard Asset) that the wallet opts into. For example, opting into 5 different ASAs requires a minimum balance of 0.6 ALGO. This means you should not send your entire ALGO balance — keep at least 0.1 ALGO (plus 0.1 per opted-in asset) as a reserve. The minimum balance is not a fee; the ALGO remains in your wallet and is not destroyed.

Why did ALGO hit its ATH at mainnet launch and then fall so sharply?

ALGO's all-time high of $3.56 occurred in June 2019 — just days after its initial exchange listing — driven by intense speculative demand for a new high-profile blockchain by an MIT Turing Award winner. However, the Algorand Foundation had a large token allocation that was released on an accelerated schedule, flooding the market with new ALGO supply. This, combined with a broader 2019 bear market, caused ALGO to fall approximately 93% from its ATH within months. The Foundation later implemented a token buy-back programme and modified the release schedule to reduce selling pressure. ALGO recovered to $2.37 in September 2021 during the altcoin bull run before declining again as broader layer-1 competition intensified.

Algorand to USD Calculator — Live ALGO Price

Algorand (ALGO) is a pure proof-of-stake blockchain invented by Turing Award winner Silvio Micali, offering 3.9-second finality and transaction fees of just 0.001 ALGO. This Algorand to USD Calculator fetches the live ALGO price from CoinGecko every 30 seconds and converts in both directions — enter...

ALGO ↔ USD CONVERTER

Fetching live price...

Algorand (ALGO)

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Default: 1,000 ALGO · 2 decimal place precision

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US Dollars (USD)

LIVE DIAGRAM

Fetching live ALGO price...

Created with❤️byeaglecalculator.com

HOW TO USE

1
The live ALGO price loads automatically — no action needed when the page opens.
2
Enter an ALGO amount — the default is 1,000 ALGO. ALGO amounts are shown to 2 decimal places.
3
Or enter a USD amount to see how much ALGO it buys at the current price.
4
Both fields update each other in real time — the converter is fully bidirectional.
5
The governance panel shows the live 0.001 ALGO TX fee in USD, how many transactions $1 covers, and an estimated annual governance reward for your entered ALGO amount at ~8% APY. All figures recalculate with every price update.
6
The price auto-refreshes every 30 seconds. Click Refresh for an immediate update. Note: each wallet must hold a minimum balance of 0.1 ALGO to remain active.

WORKED EXAMPLE

Example: At a live ALGO price of $0.40, entering 1,000 ALGO gives $400.00 USD. Entering $1,000 gives 2,500.00 ALGO. Network context: TX fee = 0.001 ALGO = $0.00040 — meaning $1 funds 2,500 transactions. Governance estimate: 1,000 ALGO × 8% APY = 80 ALGO per year = $32 at $0.40. For the what-if table: $1,000 invested at the June 2019 ATH of $3.56 bought 280.90 ALGO, worth $112.36 today at $0.40 — a loss of $887.64 or −89%. Invested in January 2020 at $0.26, the same $1,000 bought 3,846.15 ALGO, worth $1,538.46 today — a gain of $538.46 or +54%.

REFERENCE FORMULAS

FORMULA REFERENCE TABLE

NAME	FORMULA	DESCRIPTION
ALGO to USD	ALGO Amount × Live ALGO Price	Convert Algorand to US dollars at current price
USD to ALGO	USD Amount ÷ Live ALGO Price	Convert US dollars to Algorand at current price
TX Fee USD	0.001 ALGO × Live ALGO Price	Cost of one Algorand transaction in USD at current price
Txns per Dollar	1 ÷ TX Fee USD	Number of transactions $1 can fund at current ALGO price
Gov. Reward	ALGO Amount × Governance APY (%)	Estimated annual ALGO reward for committing and voting (~8% APY estimate)
Reward USD	Annual ALGO Reward × Live ALGO Price	USD value of estimated annual governance reward at current price
What-If ROI	(Current Price ÷ Buy Price − 1) × 100	Return on investment from a historical ALGO price to today

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Disclaimer: Prices are fetched live from CoinGecko and refresh every 30 seconds. Governance reward APY estimates are approximate and vary each quarterly period. This calculator is for informational purposes only and does not constitute financial advice.

Last updated: April 29, 2026 · Live price data via CoinGecko · Formula verified by EagleCalculator team · Eagle-eyed accuracy for every calculation.