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Algorand price prediction 2025-2031: Is a resurgence possible?

Key takeaways:

  • Our Algorand price prediction indicates a high of $0.4313 in 2025.
  • In 2026, it will range between $0.5404 and $0.6531, with an average price of $0.5558.
  • In 2030, it will range between $2.21 and $2.73, with an average price of $2.29.

Algorand’s capabilities make it an interesting prospect for investors and developers interested in smart contracts and blockchain interoperability. A 2019 video featured Gary Gensler, Securities and Exchange Commission chair, referring to Algorand as a great technology and using it as an example when discussing the decentralization of cryptocurrencies.

Will ALGO go up? Can it reach $10? Where will ALGO be in 5 years? We explore these and more in our Cryptopolitan price prediction.

Overview

CryptocurrencyAlgorand
TickerALGO
Current price$0.4501
Market cap$3.77B
Trading volume$712.13
Circulating supply8.38B
All-time high$3.28 on Jun 21, 2019
All-time low$0.08761 on Se 11, 2023
24-hour high$0.4766
24-hour low$0.3857

Algorand price prediction: Technical analysis

MetricValue
Volatility (30-day variation)10.39%
50-day SMA$0.4003
200-day SMA$0.2080
SentimentBullish
Fear and Greed Index76 (Extreme Greed)
Green days16/30 (53%)

Algorand price analysis

As of January 20, ALGO’s price rose by 30.97% in the last 30 days, and 1% in the last 24 hours.

Algorand’s total value locked (TVL), the amount of funds locked up by an ecosystem’s decentralized applications has been bullish as users deposited more assets into the protocol.

Algorand 1-day chart analysis

ALGO/USD 1-day chart. Image source: TradingView
ALGO/USD 1-day chart. Image source: TradingView

ALGO’s price movement this month shows it is moving in consolidation as it trades along the $0.42 mark.

The William Alligator is sleeping as volatility drops. The relative strength index is 57.67 in neutral territory, while the MACD histogram shows positive market momentum.

Algorand 4-hour chart

ALGO/USD 4-hour chart. Image source: TradingView
ALGO/USD 4-hour chart. Image source: TradingView

The 4-hour chart shows ALGO is recovering from the month’s low at $0.324.

Algorand technical indicators: Levels and action

Daily simple moving average (SMA)

PeriodValue ($)Action
SMA 30.4193BUY
SMA 50.4337BUY
SMA 100.4135BUY
SMA 210.3945BUY
SMA 500.4003BUY
SMA 1000.2845BUY
SMA 2000.2080BUY

Daily exponential moving average (EMA)

PeriodValue ($)Action
EMA 30.3821BUY
EMA 50.3769BUY
EMA 100.3756BUY
EMA 210.3758BUY
EMA 500.3547BUY
EMA 1000.3010BUY
EMA 2000.2455BUY

Is ALGO a good investment

Per our technical indicators, ALGO’s price trend is bullish and the fear and greed index shows extreme greed among investors. Data analysis shows that activity on decentralized finance applications is rising.

See also  Polkadot price prediction 2025-2031: A bullish pattern?

Why is ALGO up?

ALGO is rising from previous lows set in the last quarter of 2024, the rise could be attributed to the crypto market’s general bullish sentiment which saw its market cap rise above $3.6 trillion.

Will ALGO reach $1?

Per our Cryptopolitan price prediction, ALGO will break above $1 in the period ending 2028.

Will ALGO reach $10?

Per our Cryptopolitan price prediction, it remains highly unlikely for ALGO to break above $10 in the period ending 2030.

Will ALGO reach $100?

At $100, Algorand market capitalization has to rise above $700 billion from the current $1.2 billion. In comparison, Ethereum’s market capitalization is at $400 billion. Per our price prediction, Algorancd is highly unlikely to reach $100.

Does ALGO have a good long-term future?

Like most mega-altcoins, Algorand is trading at its lowest level this year. A break below 30 RSI will be crucial to sending it to previous highs. Looking ahead, ALGO will register new all-time highs in the coming years.

Is ALGO a good investment?

Analysis by Intotheblock shows that 97% of holders are at a loss at the current price. The figure will likely drop lower in the short term. However, as our Cryptopolitan price prediction shows, this will change over the long term.

Recent news

The United Nations Development Programme (UNDP) now offers blockchain education training to 24,000 personnel worldwide, including UNDP, UN Volunteers, and the United Nations Capital Development Fund (UNCDF). The training for the academy is in partnership with the Algorand Foundation, an organization focused on enabling an inclusive, decentralized, and borderless global economy.

ALGO price predictions January 2025

The Algorand price forecast for December is a maximum price of $0.4100 and a minimum price of $0.3760. The average price for the month will be $0.4041.

MonthPotential low ($)Potential average ($)Potential high ($)
December0.37600.40410.4100

Algorand price prediction 2025

For the last month of 2025, ALGO’s price will range between $0.3760 and $0.4313. The average price for the period will be $0.3900.

YearPotential low ($)Potential average ($)Potential high ($)
20250.3760$0.390.4313

Algorand price prediction 2025 – 2031

YearPotential low ($)Potential average ($)Potential high ($)
20250.3760$0.390.4313
20260.54040.55580.6531
20270.77770.79990.9598
20281.14001.17001.3500
20291.61001.66001.96
20302.212.292.73
20314.494.665.48

Algorand price prediction 2025

The ALGO price forecast for 2025 is a high of $0.4313. It will reach a minimum price of $0.3760 and average at $0.3900. 

See also  Aptos price prediction for 2025 - 2031: Will APT token hold bullish hopes?

Algorand price prediction 2026

The year 2026 will experience more bullish momentum. Our Algorand price prediction estimates it will range between $0.5404 and $0.6531 with an average price of $0.5558.

Algorand price prediction 2027

Algorand prediction climbs even higher into 2027. According to the prediction, ALGO’s price will range between $0.7777 and $0.9598, with an average price of $0.7999.

Algorand price prediction 2028

Our analysis indicates a further acceleration in ALGO’s price. It will trade between $1.14 and $1.35, with an average trading price of $1.17.

Algorand price prediction 2029

According to the ALGO price prediction for 2029, the price of ALGO will range from $1.61 to $1.96, with an average price of $1.66.

ALGO price prediction 2030

The ALGO price prediction for 2030 indicates the price will range between $2.21 and $2.73. The average price of ALGO will be $2.29.

Algorand ALGO price prediction 2031

The ALGO price forecast for 2031 is a high of $5.48. It will reach a minimum price of $4.49 and average at $4.66. 

Algorand price prediction 2025 – 2031
Algorand price prediction 2025 – 2031

Algorand market price prediction: Analyst’s ALGO price forecast

Platform202520262027
Digitalcoinprice0.760.961.31
Changelly0.360.300.45
Gate.io0.39250.43760.5076

Cryptopolitan’s Algorand price prediction

Our predictions show that ALGO will achieve a high of $0.4313 in 2025. In 2026, it will range between $0.5404 and $0.6531, with an average of $0.5558. In 2030, it will range between $2.21 and $2.73, with an average price of $2.29. Note the predictions are not investment advice. Seek independent professional consultation or do your research.

Algorand historic price sentiment

Algorand price history: Coinstats
Algorand price history: Coinstats

  • Algorand held its token sale in June 2019 at $2.4 each.
  • Union Square Ventures, Lemniscap, and NGC Ventures, among others, held earlier funding rounds. The public sale raised $60.40 million while funding rounds raised $66 million.
  • Token sale participants who held their tokens since launch are down 90%.
  • Binance listed ALGO on 21 June 2019. According to Coinmarketcap data, it pumped after the listing to reach its all-time high (ATH) at $3.28.
  • ALGO later crashed; four months later, it was down 90% from ATH.
  • In July 2021, Coinbase listed ALGO. As a result, it gradually recovered and peaked at $0.637 in August.
  • In retrospect, 2021 was the golden year for the crypto market. The emergence of NFTs, DeFi growth, and institutional interest drove growth.
  • So, in 2021, it rose from a low of $0.32 in January to $2.3 in October, a 200% gain.
  • Nothing prepared crypto enthusiasts for the 2023 crypto winter, which worsened with the FTX crash. The year closed with ALGO trading at $0.23.
  • The decline continued through 2023, registering an all-time low at $0.0876 in September.
  • The market’s recovery began in October. By the end of the year, it had risen above $0.2. It now trades at $0.13.
  • It began recovering in November from a low of $0.12, rising as high as $0.61 in December.
  • It then corrected into 2025 dropping to the $0.4 mark.

FAQs

IS ALGO A GOOD INVESTMENT?

The ALGO token is payment-ready; you can use it to pay for transaction fees and purchase on-chain NFTs on the Algorand blockchain. ALGO is also used to secure the platform and reward ecosystem governors. Our CP Price Prediction section will show how the coin will gain value in years to come.

WHAT IS THE UTILITY OF THE ALGO TOKEN?

ALGO is a governance token used to pay for transactions on the Algorand Foundation. It can also be used as a means of payment on outlets that accept crypto due to its low transaction fees and fast settlement.

WHERE CAN I BUY ALGO?

You can purchase on Binance, Coinbase, Bybit, OKX, Upbit, and Kraken exchanges.

CAN THE ALGO PRICE CRASH?

Algorand is volatile and, therefore, prone to a crash. The opposite is also plausible.

IS Algorand A SCAM OR LEGIT?

Algorand is a legit project maintained by the Algorand Foundation.

WHERE DO I SAFELY STORE ALGO?

You can safely store your ALGO tokens on Coinomi, Algorand Core, MyAlgo, Ledger, and Exodus wallets.

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Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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