Watchlist Scored and tracked, but not rated for deep research yet — no full analysis. A coin moves up when its verdict reaches Moderate (6.0+) without an unlock-risk flag.

Algorand (ALGO)

Layer-1 Rank #30 CAUTION

5.8 /10

Score breakdown

Unlock	10/10
Tokenomics	8/10
Insider	7/10
Onchain	3/10
Dev Activity	6/10
Revenue	1/10
Institutional	4/10
Etf	4/10
Market Structure	7/10
Security	8/10

Analysis

Algorand has completed most of its token distribution, with roughly 9.8B of 10B tokens circulating as of March 2026, removing much of the historical overhang from scheduled unlocks. The network launched Algorand Virtual Machine 2.0 in January 2026, enabling more sophisticated smart contracts and an improved developer experience, alongside state proofs v2 for enhanced cross-chain security. Enterprise and government adoption continues, including renewed partnerships such as FIFA and government identity programs in Estonia and Singapore, and TVL has grown to roughly $280M (+87% YoY). Despite this fundamental progress, ALGO's price has continued to underperform relative to TVL and adoption growth, reflecting persistent market skepticism toward the asset.

Disclaimer: This analysis is for informational purposes only and is not investment advice. Crypto investments carry high risk. DYOR — Do Your Own Research.