Algorand (ALGO) INR Price

Algorand Price Data

Algorand (ALGO) currently has a price of ₹8.59 and is down -3.36% over the last 24 hours. The cryptocurrency is ranked 79 with a market cap of ₹77.9B. Over the last 24 hours, it saw ₹3.2B 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.