Algorand
ClaimAlgorand is a public blockchain network that provides infrastructure for financial transactions, asset tokenization, and decentralized applications.
Key numbers · TVL $35M · per DefiLlama · updated Sep 23
Overview
Algorand operates a layer-1 blockchain using a Pure Proof-of-Stake consensus mechanism, offering fast settlement, low transaction costs, and post-quantum cryptographic security. Companies and organizations use it to move money, tokenize real-world assets such as bonds and real estate, verify data, and deliver humanitarian aid payments. Developers build on it using AlgoKit, a toolset for creating blockchain applications. Participants can also stake Algo or run nodes to help secure the network and earn rewards.
Recent activity
Co-hosted Onchain Day | TOKEN2049 Singapore, The Westin Singapore
Hosted Multichain Day | TOKEN2049 Singapore, The Westin Singapore
Now makes Falcon-1024 a first-class account authorization method alongside Ed25519 and multisig.
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Announced next consensus upgrade adding Falcon accounts for native post-quantum resiliency.
Wants dApps to call simulate per transaction group instead of multiplying by minfee for fee pricing.
Targets broad quantum resilience by end of 2027, first milestones in Q3 2026.
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Native Falcon-1024 accounts will be supported by SDKs, AlgoKit, and Pera Wallet.
Aims to present a research paper on a post-quantum VRF in early 2027.
Wants to work with hardware wallet makers and industry players on post-quantum key standards.
Names former Chainlink executive William Herkelrath as CEO
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Pera Wallet surpasses 1 million post-quantum resilient transactions on Algorand
Introduces AC2 Protocol as a security layer for AI agents
Targets broad post-quantum resilience by end of 2027, with first milestones in Q3 2026.
Names former Chainlink executive William Herkelrath as CEO.
Targets broad quantum resilience by end of 2027
Earlier
Revealed a roadmap to broad quantum resilience by 2027 in June 2026
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Released native PQ accounts as part of post-quantum resilience roadmap
Maintains zero downtime in more than seven years of operation
Executed first quantum-resistant transaction on Mainnet using Falcon signatures in 2025
Released native PQ accounts as part of its post-quantum roadmap.
Released native PQ accounts as a step toward broad quantum resilience by 2027
Announces winners of The Global x402 Challenge hackathon
Offers AVM implementation of the x402 payment protocol with example code
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Now supports x402 protocol for pay-per-use APIs and agent payments
Offers Algorand Multichain Facilitator with Bazaar integration
Wants partners for agentic commerce use cases
Wants developers to sign up for its next x402 workshop
WireX app now supports USDC on Algorand.
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Supports USDC, US dollar stablecoin backed by Coinbase & Circle.
Quantoz Payments issues regulated digital euro EURD on Algorand.
Targets broad quantum resilience by end of 2027 with PQ accounts and multisig support.
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First milestones from quantum resilience roadmap begin in Q3 2026.
Brale expands custom stablecoin issuance platform to the Algorand blockchain
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Announces return to the United States and a new Board of Directors
Supports x402 payment settlement standard for agentic commerce.
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Charges a transaction fee of 0.001 ALGO with native atomic grouping.
Wants developers and businesses to partner on agentic commerce solutions.
Algorand humanitarian aid programs have dispersed more than $20M in funds
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HesabPay became the first and only interoperable digital payments platform in Afghanistan on Algorand
Wants to connect with new NGOs, aid groups, solutions providers, and enterprise collaborators
Now supports EVM wallets on Algorand via xChain Accounts, live with MetaMask, Rabby and Coinbase Wallet.
Debt Algorand Standard Application took second place at the ACTUS Use Case Competition.
Pera Wallet launches the Pera Card on Algorand in partnership with Immersve.
