What is Algorand (ALGO)?

Algorand is an alternative, general-purpose blockchain that supports smart contracts. The blockchain was created in response to mainstream blockchains, such as Ethereum and Bitcoin, facing increasing transaction fees & slower network speed. General-purpose blockchains, like Algorand and Ethereum, are built to allow developers to create any number of products and services on top of the network.
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ALGO
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Cryptohunt's Opinion

Our take on Algorand

Algorand is very similar to Ethereum in that it was built to support many types of applications. While Algorand has lower transaction costs and can handle more transactions per second, it does not have nearly the same amount of adoption as other general-purpose blockchains.
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How do you feel about Algorand?

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What makes Algorand special?
Algorand is a on its own, uses to validate transactions, and is. Algorand also supports.

Interesting facts about Algorand

Here are some facts you may not already know about Algorand. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Algorand allows developers to build any type of application on top of it.

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Algorand was created as an alternative blockchain with cheaper transactions fees.

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Algorand was created by Silvio Micali who won the Turing Award for his contributions to the field of cryptography.

Algorand reviews from the cryptohunt community

Dive deeper into the different opinions about Algorand and learn how others feels about it.
Algorand
Positive review
Review author avatar
Swoat
9 days ago

Great team. Growing ecosystem.

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Algorand price and insights

See how much Algorand is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
Based on 1 community reviews
0% feel totally fine about Algorand today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
38,819
6% of them are active
# Telegram members
34,308
2% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Algorand, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
38,819
# Active Discord members
2,180
# Telegram members
34,308
# Active Telegram members
739

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