| General information | |
|---|---|
| Global rank: | 65 |
| Name: |
Algorand |
| Symbol: | ALGO |
| Current coin price (ZAR): | 2.56 R |
| Last hour: | arrow_upward0.870 % |
| Last 24 hours: | arrow_downward-3.01 % |
| Last 7 days: | 2.96 %trending_up |
| Capitalisation (ZAR): | 21 134 671 426.32 R |
| Volume 24h (ZAR): | 529 227 491.04 R |
| Available supply: | 8 265 094 212.00 ALGO |
| Total coin supply: | 10 000 000 000.00 ALGO |
| Start date: | 19/06/2019 |
Algorand/South African Rand (ALGO/ZAR) price chart
Algorand/South African Rand (ALGO/ZAR) capitalisation and volume charts
The Algorand platform is the first public, a permissionless pure proof-of-stake blockchain protocol that solves the “blockchain trilemma” of achieving scalability, security, and true decentralization all at once. Performance on the Algorand platform exceeds 1000 transactions per second (TPS) with a latency of fewer than 5 seconds, putting it on par with the throughput of major global payment networks without compromising security or decentralization.