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 6.93 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 24,907 transactions
Algorand block time is 2.73s
Algorand finality is 0s
Algorand has 3,425,836,377 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 1,592 validators
Algorand stake is $248.7M
Algorand consensus mechanism is Pure Proof of Stake
Algorand governance is on-chain

Developer Activity Metrics:
Algorand has 538 developers
Algorand has 182 repos
Algorand has 42,320 commits
Algorand has 5,068 stars
Algorand has 721 watchers

Financial Metrics:
Algorand revenue is $137
Algorand average transaction fee is $0.000164
Algorand price is $0.1194
Algorand market cap is $1.064B
Algorand fully diluted valuation (FDV) is $1.194B
Algorand market cap to FDV ratio is 89.10%