
Algorand Market Cap Calculator
Calculate Algorand (ALGO) market cap from the live ALGO price and circulating supply β plus FDV, and the price ALGO would need to reach any target valuation.
Result
Enter values to see the result.
Using the Algorand Market Cap Calculator
Market cap is simply the live ALGO price multiplied by the number of coins in circulation, and this page does that with the current price loaded for you. The supply field starts at roughly 8.97 billion ALGO, which is where it stood on 31 July 2026 β supply moves, so check it against a market data source if you need an exact figure, and edit the field.
Algorand's supply is bounded at 10 billion ALGO, so the fully diluted valuation is a real ceiling rather than an open-ended one. The MC/FDV row shows how much of that supply is already trading: the closer it is to 100%, the less future dilution is waiting for you, and for ALGO that gap is currently 90%.
The comparison field answers the question people actually come here for: what would ALGO be worth at some other valuation? Enter a target market cap and the calculator returns the implied ALGO price and the multiple from here. It is arithmetic, not a forecast β reaching a larger cap means absorbing every holder willing to sell on the way, and aLGO trades far below its 2019 launch and 2021 highs and behaves like a high-beta altcoin: quiet for long stretches, then sharp moves on broad market rotations.
The ALGO price behind each market cap
- Circulating supply
- 8.97B ALGO
- Share issued
- 90%
- $10B cap β
- $1.11
- $100B cap β
- $11.15
ALGO's circulating supply is about 8.97B (as of 31 Jul 2026), 90% of a 10.0B total. Market cap is only price Γ supply, so a target valuation pins one exact price β no guesswork.
A $1 billion cap would put ALGO at $0.1115, a $10 billion cap at $1.11, and a $100 billion cap at $11.15. On the fully diluted 10.0B supply those prices are lower, because 1.03B ALGO is still to be issued β the FDV block above works that denominator in.
Figures are derived from ALGO's own daily closes over the window shown and are bounded by it β not all-time values. Prices move; treat them as context, not a forecast.
Algorand at a glance
- Launched
- June 2019
- Consensus
- Pure proof-of-stake (instant finality)
- Max supply
- 10,000,000,000 ALGO
- Block time
- Under 3 seconds, final on production
- Rewards since
- Consensus rewards replaced governance rewards in Jan 2025
- Native staking
- Yes β run a participation node, coins stay in your wallet
Frequently asked questions
- What is Algorand's market cap?
- Multiply the live ALGO price by the circulating supply β around 8.97 billion ALGO as of 31 July 2026. The calculator above loads the current price and does this for you; the result updates the moment you change either field.
- How do I calculate the ALGO price at a given market cap?
- Divide the target market cap by the circulating supply. The comparison field above does it directly and also shows the multiple against today's ALGO price, which is usually the more sobering number.
- What is Algorand's fully diluted valuation?
- FDV prices all 10 billion ALGO at the current price, including coins not yet circulating. The difference between FDV and market cap is the supply still to enter the market β worth knowing before you treat market cap as the whole picture.
- How do you calculate crypto market cap?
- Market cap = current price Γ circulating supply. A coin at $2 with 500 million coins in circulation has a $1 billion market cap. Note that it is circulating supply, not total supply β tokens still locked in vesting contracts or a treasury are excluded.
- What is the difference between market cap and FDV?
- Market cap uses only the coins in circulation today. Fully diluted valuation (FDV) prices every coin that will ever exist, including locked and unminted supply. A project with a $200M market cap but a $2B FDV has 90% of its supply still to hit the market.
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For educational purposes only. Rates, fees and protocol parameters change β verify current figures with your exchange or validator before acting. Not financial advice.