Algorand (ALGO) IDR Price

Algorand Price Data

Algorand (ALGO) currently has a price of Rp1.6k and is down -3.24% over the last 24 hours. The cryptocurrency is ranked 79 with a market cap of Rp14.9T. Over the last 24 hours, it saw Rp604.6B of trading volume. The token has a circulating supply of 9.1B tokens out of a total supply of 9.1B tokens.

Algorand, created by Silvio Micali, is a distinctive blockchain protocol that tackles the primary hurdles faced by current blockchain networks: security, scalability, and decentralization. It introduces Pure Proof-of-Stake (PPoS), a consensus protocol that is highly efficient, secure, and eco-friendly, significantly minimizing energy consumption compared to Proof-of-Work systems.