Algorand Weekly Digest — 2026-08-17
Market snapshot
ALGO trades at $0.0785, down 4.87% over the past week. The 7-day window opened at $0.0825, peaked at $0.0834, and bottomed at $0.0779. Our stored sample of 106 polls shows an average of $0.0802, with the first poll at $0.0826 and last at $0.0785 (-4.86%). Over the last 24 hours, 19 samples tracked a range of $0.0783–$0.0798, averaging $0.0789. Market cap stands at $709.2M with 24h volume of $15.1M.
| Metric | Value |
|---|---|
| Price (2026-08-17) | $0.0785 |
| 7d open | $0.0825 |
| 7d high | $0.0834 |
| 7d low | $0.0779 |
| 7d change | -4.87% |
| Market cap | $709,168,428 |
| 24h volume | $15,065,377 |
| 7d sample count | 106 (first→last: $0.0826→$0.0785, average: $0.0802) |
This week in the newspaper
- Meld Gold completes MCAU/MCAG phase-out, shifts tokenized metals to GOLD$/SILVER$ — Legacy MCAU/MCAG certificates fully wound down; issuance moves to GOLD$ and SILVER$.
- Algorand Foundation approves staking-funded xGov treasury backed by 120M ALGO — [xGov](/glossary/xgov "Algorand's community grant-funding program: ALGO holders lock tokens into term pools to earn voting power, and the resulting votes decide which ecosys") Council reform accepted; staking rewards will feed community grants.
- Algorand-trained UNDP Blockchain Academy tops 500 alumni as Accelerator opens Cohort 3 — 500+ UN staff trained from 134 countries; Cohort 3 applications close Sept 10.…