Algorand

Algorand emerges as a blockchain platform committed to fostering transparency and enabling the growth of decentralized projects and applications. Operating as a public, decentralized blockchain, it leverages a Pure Proof-of-Stake (PPoS) consensus mechanism to uphold network security, efficiency, and decentralization. Powered by the Algorand Consensus Algorithm, the network employs a combination of cryptographic techniques and random selection to attain consensus, effectively addressing the constraints of traditional consensus mechanisms.

Token symbol:
ALGO

Scalability Metrics:
Algorand TPS is 9.61 transactions per second
Algorand Max TPS is 5,716 transactions per second
Algorand Max Theoretical TPS is 9,384 transactions per second
Algorand transaction volume is 34,603 transactions
Algorand block time is 2.83s
Algorand finality is 0s
Algorand has 3,340,730,301 total transactions since its TGE
Algorand is a layer 1 blockchain
Algorand was launched on Jun 12, 2019 (7 years ago)

Decentralization Metrics:
Algorand nakamoto coefficient is 13
Algorand has 1,694 validators
Algorand stake is $234.5M
Algorand consensus mechanism is Pure Proof of Stake
Algorand governance is on-chain

Developer Activity Metrics:
Algorand has 546 developers
Algorand has 172 repos
Algorand has 39,104 commits
Algorand has 5,119 stars
Algorand has 923 watchers

Financial Metrics:
Algorand revenue is $172.8
Algorand average transaction fee is $0.0001808
Algorand price is $0.1174
Algorand market cap is $1.041B
Algorand fully diluted valuation (FDV) is $1.174B
Algorand market cap to FDV ratio is 88.63%