Algorand is on the rise this week.

ALGO, which is ranked 37, is currently changing hands for around $0.2819, which has shown an increase of 9.77% in the past 24 hours. It is now in the green over the past 7 days, with a rise of 16.78% in its price. However, over the same period of 7 days, ALGO still outperforms NEAR, it's closest competitor from the Blockchain category, as NEAR rose by 7.76% over the same period.

Algorand has had its trading volume $219.08 M over the past 24 hours. 29.57% of the overall volume has been contributed by the ALGOUSDT pair on Binance Futures.

ALGO's current market cap is $2.02 B. The digital asset now accounts for approximately 0.18% of the total crypto market cap. This, however, is $30.36 M short of QNT, which is ranked 36 by market capitalisation.

ALGO's 1 year high value of $1.08 was achieved on Feb 8, 2022. 1 year low, however, was marked at $0.1614 on Dec 30, 2022.

Since it's ICO in Jun 19, 2019, ALGO has delivered approximately 0.12x in ROI.

The current circulating supply is 7.17 B ALGO.