Buy Algorand with euros: compare what you get in ALGO

On 20 October 2026 at 21:30 CEST, 1 ALGO was worth €0.10 on average: the median mid-market price on 4 platforms. The price changes all the time, and what you pay on a platform also depends on its fees.

Because nobody has to lock up ALGO or hand it to a validator to take part. Many proof-of-stake chains bond tokens for a period or delegate them to a fixed set of validators. On Algorand, an account joins with its own balance while the coins stay in the owner's wallet. The keys used to propose and vote on blocks are separate from the keys that spend the ALGO, so the funds can even stay on a hardware wallet. Only a small stake is needed to participate.

Ten billion. The whole supply was minted when the network launched and reaches circulation over time, as pre-minted tokens unlock and are distributed. Staking rewards leave the cap untouched, because they come from transaction fees and from a fixed pool set aside in the Algorand Foundation's treasury. The Foundation reconciles its own holdings every quarter in a transparency report.

An account of your own holding at least 30,000 ALGO that is online in consensus, plus a 2 ALGO fee paid when you register your participation keys, which marks the account as eligible. Accounts with more than 70 million ALGO receive nothing. If the protocol evicts your account for not participating, you have to register and pay the fee again. Smaller holders can use staking pools or liquid staking services instead. If your ALGO sits on an exchange, that platform's own terms decide whether you earn anything.

Blocks are agreed by the accounts taking part in consensus rather than by one company. The Algorand Foundation, a corporation registered in Delaware, supports the ecosystem, sets technical standards and provides the infrastructure for decentralised governance; the white paper notified under MiCA names it as the issuer of ALGO. Protocol development used to be the job of Algorand Technologies. By late March 2026 the Foundation had announced that this work now sits under its own roof, and five staff had moved across from the company.

The protocol makes every account keep at least 0.1 ALGO, and each other asset held in it raises that floor by a further 0.1 ALGO. An account holding USDC as well as ALGO must therefore keep 0.2 ALGO. Sending such tokens costs no more than sending ALGO, so the extra reserve is the only indirect cost. Remember it before trying to empty a wallet completely.

Yes. When we checked on 20 October 2026, ESMA's interim MiCA register listed one for ALGO, notified on 7 April 2026 by Crypto Risk Metrics GmbH through BaFin, the German supervisor. It was drawn up to have ALGO admitted to trading on Kraken in the EU and covers the asset, the network and the risks. As the paper itself states, no competent authority in any EU member state has approved it, and the person seeking admission to trading is solely responsible for what it says.