# Algorand (ALGO): D-Score 48/100 — Moderately Decentralized

**BlockIndex D-Score: 48/100 (Moderately Decentralized).** Algorand (ALGO) is a Layer 1 cryptocurrency using PoS consensus. Algorand: Permissionless Layer-1 with Pure Proof-of-Stake, predictable monetary policy, fast finality, and interoperability initiatives for DeFi and RWA applications.

_Source: https://blockindex.ai/coin/algo · Data by BlockIndex.AI · Updated 2026-06-19_

## D-Score breakdown (0-100, higher means more decentralized)
| Component | Score |
| --- | --- |
| Overall D-Score | 48 |
| Node distribution | 10 |
| Initial distribution | 0 |
| Governance | 20 |
| Age and history | 13 |
| Autonomy | 5 |

## Key facts
- Layer: Layer 1
- Consensus: PoS (N/A)
- Launch: Dutch Auction (2019)
- Founder: Silvio Micali
- VC funded: No
- Max supply: 10,000,000,000
- Circulating: 8,926,258,750 (89.3%)

## Market data (as of 2026-06-19)
- Price: $0.09
- Market cap: $838.3M
- 24h volume: $50.6M
- 24h change: -3.10% · 7d change: +6.63%

## About
Algorand is a permissionless, research-driven Layer-1 blockchain built with a focus on scalability, security, and decentralization. Launched in June 2019, the protocol was designed by cryptography researcher Silvio Micali and his collaborators with the stated goal of enabling fast, low-cost transactions and predictable performance for real-world applications. With a fixed maximum supply of 10 billion ALGO and an emphasis on sustainable operation, Algorand aims to serve DeFi, NFT, and real-world-asset use cases while maintaining a straightforward participation model for validators and token holders.

Technically, Algorand implements Pure Proof-of-Stake (PPoS), a consensus design that randomly selects validators from the stake pool to produce blocks and vote on protocol state. This approach reduces barriers to participation (the minimum participation key requirement is one ALGO) and is intended to provide finality quickly while avoiding the energy and complexity of proof-of-work mining. The protocol incorporates a set of tooling and infrastructure—multiple explorers (Allo, Pera Explorer, Algo Surf, Lora), an official metrics portal (metrics.algorand.org), and public datasets (Nodely BigQuery)—to support transparency and developer productivity. Algorand also emphasizes interoperability efforts, notably the London Bridge initiative funded via a $10M grant to Applied Blockchain to enable Ethereum compatibility and attract cross-chain liquidity.

From an ecosystem perspective, Algorand markets itself as a stable environment for application builders: low fees, predictable monetary policy, and modest required stake for participation are all selling points for projects seeking reliable settlement and low-friction user onboarding. The platform reports strong instrumentation by analytics providers (CoinMarketCap, CoinGecko, DeFiLlama, Nansen, Messari, Artemis) and maintains multiple explorer and developer tools that assist teams and auditors in monitoring activity. Despite these strengths, the project has faced liquidity and DeFi depth challenges relative to some competing Layer-1 platforms; bridging initiatives and grant programs form part of the strategy to mitigate those constraints.

Tokenomics are straightforward: a fixed supply of 10,000,000,000 ALGO was minted at genesis with circulating supply reported in the provided data at about 8.834B (≈88.34%). Distribution schedules and foundation-managed allocations are referenced in the source materials, and the Algorand Foundation plays a central role in grantmaking and ecosystem support (for example, the London Bridge grant). While a full breakdown of premine or initial allocation percentages was not included in the provided extracts, the chain is not presented as a 'fair launch' in the available material and governance is conducted via the xGov portal with foundation oversight of some allocations.

Governance and future roadmap items emphasize on-chain proposals through xGov and continued investment in interoperability and tooling. The Algorand Foundation and Algorand Technologies are named organizational actors in the ecosystem, and xGov indicates an active on-chain governance mechanism. The roadmap highlights interoperability (London Bridge), developer tooling (Algokit/Lora), and efforts to improve liquidity and DeFi activity. Several operational metrics are documented (notably the ability to process nearly one million transactions per day as of December 2020), but precise node-count telemetry, premine/PIP percentages and some low-level blockchain metrics were not present in the supplied files and should be sourced from official tokenomics and metrics pages for downstream validation.

## Links
- Website: https://www.algorand.com/
- Whitepaper: N/A
- GitHub: https://github.com/algorand/

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About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore