Protocols

Algorand

(

ALGO

)

Leverage Blockdaemon's institutional-grade Algorand node infrastructure and blockchain API for seamless integration and innovative application development.

Protocol Reward Rate
4.85%
4.85%
Current Price
$1.00
Market Cap
This is some text inside of a div block.
$1,480,721,215
Annual Rewards

Overview of

Algorand

Blockdaemon offers institutional-grade Algorand node infrastructure along with on-chain data. With our blockchain API, you can easily manage your Algorand nodes and ensure seamless end-to-end integration. Additionally, you can access on-chain data through our APIs, which can be used to build innovative applications and services that leverage the power of blockchain technology.

Current Price
$0.20
-
Protocol Reward Rate
4.85%
-
Minimum To Stake
Network Type
Proof of Stake
Proof of Work
-
Market Cap
$1,480,721,215
-
Annual Rewards
-
Blockdaemon Hosting
Cloud
Bare Metal
-
Platform
Layer 0
Layer 1
Layer 2
Indexer
-
Payment Freq
-
Unbond Period
-
Public Fee
-
Networks
Mainnet
Testnet
Ropsten
Public
Goerli

* Market data provided by Staking Rewards, CoinMarketCap, CoinGecko, and our own APIs.

Nodes & APIS

Dedicated Algorand Nodes

We've been perfecting Nodes-as-a-Service since 2017. All of our Full Nodes & Relay Nodes are built for zero downtime and high security. Our nodes are supported by optional High-Availability Clusters, offering secure backups and helping you manage unforeseen load spikes. Lastly, every machine we manage comes with 24/7 support and transparent service level agreements.

Universal API

If you want access to Algorand data but don't want to run a Full node, take a closer look at our Universal API. Our Universal multi-chain API lets you tap into full archive data and transaction data at a fraction of the cost of running a node. Best of all, it's free to try out.

RPC Algorand API

With the RPC API, you can easily interact with multiple major protocols through their own native APIs. The RPC API allows you to go deeper into a specific blockchain and get enriched native specific data with no abstraction to connect to our nodes.

Relevant FAQs

Below you will find frequently asked questions related to this protocol.

How do I deploy a node and how much does it cost?

Blockdaemon can be utilized to deploy, manage, and maintain nodes to ensure an uptime of >99.9% and the cost for each specific node varies. In order to view specific pricing for a node, you will first need to sign up for a free Blockdaemon account on our website.

Once created and logged in, click the purple ‘Deploy a Node’ button and you’ll be able to view each available node that Blockdaemon has to offer. To view the price for a specific node, click on the node you are interested in purchasing and the price will be displayed on the right-hand side of the page as seen as below.

You can view additional information and step-by-step instructions on how to purchase a node here. We also have a video on how to self-deploy your own node on our Youtube channel here.

If you have any further specific questions, feel free to reach out to our Support Team directly via email or chat and we’ll be more than happy to further assist you.

What is the Estimated Reward Rate for each protocol?

The ERR varies amongst protocols. You can view the Est Reward Rate for each Blockdaemon-supported protocol by clicking into the protocol you are interested in our Protocols page here.

If you have any specific questions regarding the protocols and Est Reward Rates, feel free to reach out to our Support Team via chat or email and we’ll be more than happy to assist you.

How do I know which protocols are supported on Testnet?

You can check which protocols are supported on Mainnet and Testnet in your Blockdaemon account by clicking into the node you would like launched.

If you do not have a Blockdaemon account, you can create a free account here.

What are the hardware specs to your nodes?

The hardware specs for each node varies depending on the protocol, network and node type.

Feel free to reach out to our Support Team via chat or email with the details of the node you are interested in and we’ll be more than happy to provide you with the hardware specs.

How can I find out when and what new protocols are going to be added to the Blockdaemon network?

We are constantly adding new and wider network support and the best place to get the latest information and news is to follow our Twitter account here.

In addition, you can also sign up for our newsletter here to keep up with the all the latest Blockdaemon news.

Can each node on my network be hosted by a differenent cloud provider?

Yes. When adding a new node, you can choose the specific Cloud provider for that node.If you have any further specific questions regarding this, feel free to reach out to our Support Team and we'll be able to assist you.

Save Your Internal Resources

Blockdaemon offers a complete platform for building blockchain applications, which now includes Base support.

Blockdaemon provides customers with a powerful set of tools that enable them to outsource key infrastructure tasks, like server management and monitoring. Most importantly, Blockdaemon’s support of Base via Ubiquity, starting March 1, provides institutional level offerings for mission critical infrastructure that scales with your business.

Get Started

Interested in staking

ALGO

?

Fill out the form to connect with one of our product experts and learn how Blockdaemon can help you unlock the power of blockchain.

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We look forward to helping you build your blockchain business.
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Schedule a call

Get Started

Interested in

ALGO

?

Fill out the form to connect with one of our product experts and learn how Blockdaemon can help you unlock the power of blockchain.

Read The Docs

Send us a message...

Thank you.
We look forward to helping you build your blockchain business.
Oops! Something went wrong while submitting the form.

Or, schedule a call with Sales:

Person with a check mark

Schedule a call

Blockdaemon & Stellar

Chronology of a long-term and strategic partnership.

2018
Blockdaemon launches node deployment support for Stellar.
Jed McCaleb (Stellar co-founder) and Konstantin Richter (Blockdaemon founder and CEO) promote open source and decentralization at Heavybit.->
2019
Blockdaemon launches its full tier-1 validator support for Stellar, and becomes the first institutional-grade provider supporting full history nodes.
2021
Blockdaemon offers full 24/7 customer support, can deploy in 70+ countries, and obtain the ISO 27001 certification.->
Blockdaemon also becomes a triple unicorn ($3.25Bn valuation), with investors like JP Morgan, Citi Bank, Tiger Global, Sapphire Ventures, SoftBank, Goldman Sachs, SBI Digital Markets, Comcast Ventures.
2022
Blockdaemon supports over 15 leading institutions (banks, exchanges, fintechs, custodians) building on Stellar.
Blockdaemon’s Chief Engineer shares his insights at Meridian 2022 on Why Stellar’s Approach to Decentralization Matters.->
2023
Blockdaemon enters a strategic partnership to become an RPC provider for Soroban.
Blockdaemon is the only validator on the network with a consistent 30-day availability of 100% and the highest mark (index=1) for reliability and updates (Stellarbeat.io->)
Blockdaemon service over 350 leading customers across all continents, such as Goldman Sachs, Nasdaq, SBI Holdings, OpenSea, Plaid, Microsoft, MetaMask, Matrixport, Blockchange.

Contact us to learn how we can help you power your blockchain business.

Get Started Today