Algorand (ALGO) Price Today

Algorand is not verified on Solana's token registry, and Solflare's built-in risk scanner has flagged potential concerns. Solflare surfaces on-chain risk data—including holder concentration, mint authority, freeze authority, and liquidity metrics—so you can assess the risks before making any decisions. Exercise caution and always do your own research.

With Algorand on Solflare Wallet, you can:

• Swap instantly — trade ALGO for SOL, USDC, or thousands of other Solana tokens with smart order routing for the best available price
• Set limit orders — automate trades at your target price for ALGO
• Use DCA — dollar-cost average into ALGO over time
• Send privately — transfer ALGO without publicly linking wallets using Solflare's built-in Privacy Aggregator
• Track in real time — monitor ALGO price, volume, market cap, and liquidity
• Hold securely — store ALGO in a non-custodial wallet where you control your private keys

Solflare Wallet includes a built-in Privacy Aggregator that supports private transfers for select Solana tokens. When enabled, Private Send hides the direct on-chain link between sender and recipient wallets—improving financial privacy without external tools. Private Send is optional, disabled by default, and can be enabled per transaction on both mobile and browser extension. Check Solflare to see if Algorand is currently supported for private transfers.

The safest way to store Algorand is in a non-custodial wallet like Solflare. Non-custodial means you hold your own private keys—no third party can access, freeze, or control your funds. Solflare supports hardware wallet integration for additional security, and includes a built-in Privacy Aggregator for private transfers that hide the on-chain link between sender and recipient. Available on mobile (iOS and Android) and as a browser extension.

The official Solana contract address for Algorand is 8cy4R9ih4yEysB5tmpokbf71TWUbeVbtcGkt9xKihFgv. Always verify the contract address before trading to avoid scams. You can confirm the correct address by searching for ALGO directly in Solflare Wallet.

Algorand is not currently verified on Solana's token registry. Unverified tokens may carry higher risk. Solflare displays verification status and on-chain risk data for every token, helping you identify potential concerns before trading. Always do your own research.

Key risks for Algorand:

Multiple tokens can use the same name and symbol. Always do your own research before trading. A large share of liquidity is unlocked for Algorand, so it could be removed at any time. The token's market cap is very high relative to its number of holders Only a handful of LP providers support Algorand, raising stability concerns. The metadata for Algorand is mutable, which may change how the token is represented.

Disclaimer: This information is for educational purposes only and not financial advice. Always do your own research. Data provided by rugcheck.xyz.