Algorand ALGO
Rank #77 layer1
Supply release: when does the rest arrive?
91% circulating9.3% of the maximum ALGO supply has not been released yet.
The tokens that are not circulating are held by the project — typically team, investor, treasury and ecosystem allocations that unlock gradually on a vesting schedule. We do not publish per-coin unlock dates: the schedules are set by each project and revised often, and a stale unlock date is more misleading than none at all. Check the project's own tokenomics documentation before assuming when that supply arrives.
If every ALGO that can ever exist were circulating at today's price, the market capitalisation would be about 1.1× what it is now.
Supply at a glance
About Algorand
Algorand is a proof-of-stake blockchain founded by Turing Award cryptographer Silvio Micali, focused on instant finality and low fees, with adoption efforts aimed at institutions and governments.
Created by Silvio Micali, a Turing Award-winning MIT cryptographer (2019).
Algorand in context
Algorand trades 97% below its all-time high of A$5.14, set in June 2019. Over the past 90 days it has gained 24.8% in AUD terms, outperforming Bitcoin's +24.3% by 0.5 percentage points — one of the moves behind today's altcoin season index reading. Daily turnover runs at about 4.6% of its market value — liquid enough that ordinary retail orders fill without drama.
Computed from our market records at build time — figures refresh with the daily rebuild.
12-month range (AUD)
today sits 23% of the way up the rangeThe supply maths: what would a price target mean?
full calculator →Market cap = price × circulating supply. With 9.07 billion ALGO circulating, every dollar of ALGO price is A$9.07B of market cap — so check what a target actually implies:
Where to buy Algorand in Australia
Ad disclosure: 'Buy' buttons are affiliate links*; order reflects our exchange scores. It never affects scores or rankings. How we make money
| Exchange | AUD pair | Instant-buy cost | Score | |
|---|---|---|---|---|
| Swyftx | ✓ ALGO/AUD | 0.6% + spread | 8.7/10 | Buy on Swyftx* |
| CoinSpot | ✓ ALGO/AUD | 1% + spread | 8.6/10 | Buy on CoinSpot* |
| CoinJar | ✓ ALGO/AUD | 1% | 8.0/10 | Buy on CoinJar* |
| Digital Surge | ✓ ALGO/AUD | 0.5% | 7.8/10 | Buy on Digital Surge* |
| BTC Markets | ✓ ALGO/AUD | 0.85% | 7.4/10 | Buy on BTC Markets* |
How ALGO stacks up
ALGO vs ADA →
Side-by-side charts, market data and the structural differences — all head-to-heads.
FAQ
What is the Algorand (ALGO) price in AUD right now?
The ALGO price in AUD is about A$0.1515 as of our last data refresh — the price at the top of this page updates continuously from CoinGecko market data (every 10 minutes in production), quoted in Australian dollars first so there's no mental USD conversion. The converter above turns any ALGO amount into AUD at the live rate.
How do I buy Algorand in Australia?
Algorand is listed on Swyftx, CoinSpot, CoinJar with direct AUD pairs. Deposit AUD via PayID or bank transfer, then buy ALGO — most platforms complete this in minutes after ID verification.
Is Algorand taxed in Australia?
Yes — the ATO treats Algorand as a CGT asset. Selling, swapping or spending it is a taxable event; holding over 12 months may qualify individuals for the 50% CGT discount. See our crypto tax guide.
When will the rest of the ALGO supply be released?
9.3% of the maximum ALGO supply has not been released yet. The tokens that are not circulating are held by the project — typically team, investor, treasury and ecosystem allocations that unlock gradually on a vesting schedule. We do not publish per-coin unlock dates: the schedules are set by each project and revised often, and a stale unlock date is more misleading than none at all. Check the project's own tokenomics documentation before assuming when that supply arrives.
Who created Algorand?
Created by Silvio Micali, a Turing Award-winning MIT cryptographer (2019).
What is Algorand's all-time high in AUD?
Algorand peaked at A$5.14 in June 2019. Today's price sits 97% below that peak — the stat cards above track it daily.
Why does the ALGO price here differ from prices I see in USD?
We quote in Australian dollars, so the number moves with both the coin's USD price and the AUD/USD exchange rate. Most global sites quote USD — multiply by the current exchange rate (or just use our converter above) and the numbers reconcile.
Market data powered by CoinGecko · availability verified against exchange listings
General information only, not financial advice. Crypto is volatile — never invest more than you can afford to lose.