2026-04-14 05:04:11
ALGO (Algorand) up 11.89% in the past 24 hours
Gate News message. On April 14, according to Gate Market data, as of the time of publication, ALGO (Algorand) is trading at $0.11. Over the past 24 hours, it has risen 11.89%. It reached a high of $0.11 and fell to a low of $0.10. Its current market cap is approximately $1.011B.
Algorand is a blockchain project led by Silvio Micali, a professor at the Massachusetts Institute of Technology (MIT) and a Turing Award winner. It improves blockchain efficiency through the BA* consensus mechanism and cryptographic sortition. The project is an industry leader in the field of post-quantum technology. In 2025, on the mainnet, it executed the first quantum-resistant transaction. It uses Falcon signatures to protect the entire chain’s historical data from threats posed by quantum computers. Algorand has a transaction speed of 10,000 TPS