Algorand vs Aave

General

Description

Algorand Logo
Algorand
 (ALGO)

Algorand is another smart contract platform aiming to solve the blockchain trilemma: achieving scalability, security, and decentralization without compromising any of these factors. It seeks to accomplish this through several technical innovations, including its “Pure Proof of Stake” consensus algorithm. Algorand is therefore seen as a direct competitor to Ethereum.

Algorand overview
Aave Logo
Aave
 (AAVE)

Aave is a decentralized finance (DeFi) protocol built on the Ethereum blockchain that enables users to lend and borrow cryptocurrencies without intermediaries, earning interest in the process. Aave employs specific technical mechanisms to ensure proper collateralization and security of the loans.

Aave overview

Purpose and goals

Algorand Logo
Algorand
 (ALGO)
  • Smart contract platform
  • Fast transactions
  • High scalability
Aave Logo
Aave
 (AAVE)
  • Decentralized finance and lending system
  • Open protocol & interface
  • Liquidity pools

Price and market data

Price chart

Algorand
 (ALGO)

$0.255

+1.22%
Aave
 (AAVE)

$288.81

-1.43%
Market data
AlgorandAave
Market cap
$2.23B
$4.4B
Market share
0.056%
0.11%
Current price

$0.26

-$0.010-4.10%

$288.81

-$14.45-5.00%
ALGO converterAAVE converter
All-time high
$3.56
Jun 20, 2019-92.81%
$661.69
May 18, 2021-56.26%
Crypto all-time highs
Cycle low
$0.085
+200.76%Aug 17, 2023
$0.48
+194.82%Jun 18, 2022
Prediction for 2025
Powered by AI
$0.46
+79.36%
$909.10
+213.13%
ALGO predictionAAVE prediction
Momentum
Negative
NegativePositive
Negative
Negative
NegativePositive
Negative
Relative Strength Index
Neutral
BuySell
Neutral (52.93)
Neutral
BuySell
Neutral (54.17)
Price trend
Negative
(16/30 days)
Negative
(17/30 days)
Price performance
+112.27%
+158.63%
Price performance
-34.33%
-9.06%
Price performance
-11.74%
-8.43%
Price performance
+1.22%
-1.43%
Price performance
-4.10%
-5.00%
Price performance
-1.28%
-1.13%
Annual return
-22.18%
-10.17%
Annual return
+48.58%
+188.73%
Annual return
+30.73%
+112.25%
ALGO returnsAAVE returns
Total return
-91.61%
2019 – 2025
+441.11%
2020 – 2025
Average annual return
+48.83%
+80.86%
Transaction volume
$143.01M
24h
$500.93M
24h
Max supply
10B
16M
Circulating supply
8.72B
15.21M
Inflation
6.74%
Year
Year
Crypto inflation

On-chain data

Market data
AlgorandAave
Total Value Locked (TVL)
$80.39M
$37.23B
What is Total Value Locked?
Market cap/TVL (ratio)
27.72
0.12
Transactions (avg./day)
1,147
Active addresses (24h)
1,271

Our rating

Our rating
AlgorandAave
Our overall rating
Algorand
Aave
How we evaluate cryptocurrencies

Our individual ratings

Risk
Algorand: 2 of 10
Risk (Algorand)
Aave: 5 of 10
Risk (Aave)
Algorand Logo
Aave Logo
riskyless risky
Community
Algorand: 5 of 10
Community (Algorand)
Aave: 6 of 10
Community (Aave)
Algorand Logo
Aave Logo
smalllarge
Hype & momentum
Algorand: 4 of 10
Hype & momentum (Algorand)
Aave: 5 of 10
Hype & momentum (Aave)
Algorand Logo
Aave Logo
weakstrong
Active usage
Algorand: 2 of 10
Active usage (Algorand)
Aave: 7 of 10
Active usage (Aave)
Algorand Logo
Aave Logo
lowhigh
Network effect
Algorand: 1 of 10
Network effect (Algorand)
Aave: 5 of 10
Network effect (Aave)
Algorand Logo
Aave Logo
weakstrong
Decentralization
Algorand: 3 of 10
Decentralization (Algorand)
Aave: 6 of 10
Decentralization (Aave)
Algorand Logo
Aave Logo
centralizeddecentralized

Our opinion

Algorand Logo
Algorand
 (ALGO)
Algorand is taking an interesting technological approach and could evolve into an exciting project in the future. Its founder, MIT professor and computer scientist Silvio Micali, is considered a brilliant mind in the field, having been awarded the Turing Award in 2012—the highest honor in computer science. Several well-known investors have already backed the project through multiple funding rounds to support development and marketing efforts. However, we must always look at the current reality: from our perspective, Algorand is currently one of the weaker competitors to Ethereum, as network usage remains far below where it needs to be. Only a handful of projects are actively building on Algorand at present, which tempers our optimism, especially given the fierce competition in the smart contract platform sector.
Algorand overview
Aave Logo
Aave
 (AAVE)
Aave is one of the earliest, most popular, and well-known DeFi applications, and has shown tremendous growth since launching in 2017. The size of its liquidity pools and the total value locked (TVL) in the protocol continue to rise steadily, currently sitting in the double-digit billions. What makes open finance protocols like Aave particularly interesting is that other applications—and even traditional financial institutions—can tap into its liquidity pools and mechanisms. Aave has been running for quite some time without any major issues, earning it a reputation as one of the safest and most “battle-tested” players in the decentralized finance sector. For these reasons, our outlook on Aave remains positive. If user adoption continues to grow, and perhaps even attracts clients from outside the crypto space, there’s strong potential for long-term price appreciation. Although Aave faces strong competition from projects like Compound and Maker, we believe there’s ample room for multiple successful providers in this segment.
Aave overview

Details

Info
AlgorandAave
Founder
Silvio Micali
Stani Kulechov
Developer
Algorand Foundation
Community, Aave
Published
2017
2017
Open source
Yes
Yes
Sector
Smart Contracts
Lending
Key feature
Performance
Open Lending Protocol
Blockchain
Algorand Blockchain
Ethereum Blockchain
Staking
Yes
Yes
Consensus mechanism
Pure Proof of Stake
Ethereum (ERC-20 Token)
Energy consumption
Low
Medium
Transactions per second
10,000 TPS
Institutional investors
  • Union Square Ventures
  • Polybius Capital
  • Multicoin Capital
  • NEO Global Capital
  • Arrington XRP Capital
  • Foundation Capital
  • etc.
  • ArkStream Capital
  • Blockchain Capital
  • Pantera Capital
  • Multicoin Capital
  • Three Arrows Capital
  • Blockchain.com Ventures
  • etc.
Community
358,865 followers
639,588 followers
Website
algorand.co
aave.com
Whitepaper
Whitepaper
Whitepaper
Algorand vs Aave

Algorand or Aave

Market data comparison of ALGO versus AAVE

The current price of Algorand is $0.26 and has decreased by in the last 24 hours. Aave is currently trading at $288.81, with a drop of over the same period. Algorand has a market cap of $2.23B and ranks 58th. Aave follows with a market cap of $4.4B, ranking 41st — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy Algorand or Aave?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both Algorand and Aave. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Algorand or Aave, you can take a look at some additional market data to help with your decision:

Currently, Algorand is about below it's all-time high of $3.56 reached on Jun 20, 2019.
In comparison, Aave is down approximately from it's all-time high of $661.69 on May 18, 2021.
Algorand currently has a 71.45% lower 24h transaction volume of $143.01M compared to Aave with $500.93M.
Over the past year, Algorand achieved a total return of , while Aave returned . Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like Algorand and Aave. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy Algorand or Aave?

Today, there are many reputable and secure exchanges that make it easy to invest in Algorand and Aave. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both Algorand and Aave are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for Algorand and Aave?

If you want to store cryptocurrencies like Algorand or Aave yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for Algorand, Aave, and many other cryptocurrencies.

Crypto wallets comparison

How does our comparison work?

Data & Interfaces

Our market data is automatically updated every 15 minutes. This means you can always use the latest data for your comparisons. We obtain the data through web interfaces (API) from CoinGecko, Santiment, DefiLlama, CoinCodex and many more

Research & Deepdive

We regularly sift through a jungle of technical whitepapers, websites, social media and forums for you. In doing so, we filter out essential and relevant information in order to present it to you clearly and comprehensibly in our comparison

Analysis & Valuation

We research and use analysis tools for blockchains and their networks, to form a fact-based foundation for our valuation. Please note that this is not an investment recommendation, but merely our personal opinion.

Community & Feedback

We check our information every 1-2 months to ensure it is up to date and correct. With the help of our community, we can find outdated or incorrect data even faster. Of course, we also welcome your feedback or suggestions for improvement!

Our data on cryptocurrencies was last updated on 2025-08-18T23:50:33.036172+00:00. Sources: CoinGecko, santiment.net, defillama.com, coincodex.com.

The content on this website is provided for general informational purposes only and does not constitute financial, investment, legal, or tax advice. It should not be interpreted as a guarantee of future price developments or as an invitation to act. All visitors are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and may result in the total loss of your invested capital. Past performance is not indicative of future results. We do not assume any liability for the timeliness, accuracy, or completeness of the information provided, including third-party content. Some of the links on this website are affiliate links. If you purchase a product or service through one of these links, we may receive a commission — at no additional cost to you. All actions are taken at your own risk.