Algorand

Algorand is a layer-1 smart contract blockchain designed to be scalable, secure, and decentralized, targeting both individual users who want straightforward payments and enterprises that need complex financial infrastructure. Its native token, ALGO, powers transactions and smart contracts on the network. The project positions itself as a platform for real-world asset tokenization, digital identity, supply-chain tracking, and financial services applications.

Algorand secures its network and produces blocks through a variant of Proof-of-Stake it calls Pure PoS, in which token holders participate in a randomized committee process to reach consensus without a small fixed group of validators dominating. Blocks finalize in approximately 0.0 minutes according to the stored data, meaning settlement is effectively immediate. ALGO is used to pay transaction fees on the network and to participate in the consensus process.

Algorand collects fees from users who submit transactions to the network; over the trailing 30 days the protocol recorded fees of 454.36 USD, and over the trailing 12 months fees totaled 7,642.22 USD. Annualizing the 30-day figure produces approximately 5,528.05 USD in fees per year. The take rate is 100 percent, meaning all fees flow to the protocol rather than to a supply side such as liquidity providers, and supply-side revenue over the trailing 30 days is recorded as zero. These fee levels are extremely small relative to the market capitalization of 814,737,328 USD, which is why the market-cap-to-fees ratio sits at 147,382.5.