Algorand vs Litecoin

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
Litecoin Logo
Litecoin
 (LTC)

Litecoin is a fork of Bitcoin and was one of the first alternative coins to emerge alongside it. Several years ago, Litecoin positioned itself as “silver” to Bitcoin’s “digital gold.” It has also frequently served as a testing ground for potential upgrades to the Bitcoin protocol, allowing new features to be trialed on the Litecoin network first.

Litecoin overview

Purpose and goals

Algorand Logo
Algorand
 (ALGO)
  • Smart contract platform
  • Fast transactions
  • High scalability
Litecoin Logo
Litecoin
 (LTC)
  • Digital currency
  • Former test network for Bitcoin
  • Fast transactions

Price and market data

Price chart

Algorand
 (ALGO)

$0.205

-3.97%
Litecoin
 (LTC)

$106.33

+1.21%
Market data
AlgorandLitecoin
Market cap
$1.8B
$8.12B
Market share
0.045%
0.20%
Current price

$0.21

-$0.0017-0.82%

$106.33

-$0.13-0.12%
ALGO converterLTC converter
All-time high
$3.56
Jun 20, 2019-94.23%
$410.26
May 10, 2021-74.06%
Crypto all-time highs
Cycle low
$0.085
+140.58%Aug 17, 2023
$40.47
+163.14%Jun 14, 2022
Prediction for 2025
Powered by AI
$0.46
+126.18%
$293.46
+175.70%
ALGO predictionLTC prediction
Price trend
Positive
(15/30 days)
Positive
(15/30 days)
Momentum
Positive
NegativePositive
Positive
Positive
NegativePositive
Positive
Relative Strength Index
Neutral
BuySell
Neutral (35.95)
Neutral
BuySell
Neutral (42.11)
News sentiment
Neutral
NegativePositive
Neutral (69/100)

Last 3 months

Neutral
NegativePositive
Neutral (53/100)

Last 30 days

ALGO newsLTC news
Price performance
+50.40%
+56.42%
Price performance
+4.86%
+19.52%
Price performance
-13.83%
-4.65%
Price performance
-3.97%
+1.21%
Price performance
-0.82%
-0.12%
Price performance
-0.45%
-0.23%
Annual return
-36.59%
+7.62%
Annual return
+48.58%
+35.10%
Annual return
+30.73%
+7.93%
ALGO returnsLTC returns
Total return
-93.45%
2019 – 2025
+2,384.62%
2013 – 2025
Average annual return
+46.77%
+433.02%
Transaction volume
$102.15M
24h
$472.04M
24h
Max supply
10B
84M
Circulating supply
8.79B
76.35M
Inflation
6.36%
Year
1.77%
Year
Crypto inflation

On-chain data

Market data
AlgorandLitecoin
Total Value Locked (TVL)
$72.76M
What is Total Value Locked?
Market cap/TVL (ratio)
24.78
Transactions (24h)
665,050
179,066
Active addresses (24h)
65,465
297,850

Our rating

Our rating
AlgorandLitecoin
Our overall rating
Algorand
Litecoin
How we evaluate cryptocurrencies

Our individual ratings

Risk
Algorand: 2 of 10
Risk (Algorand)
Litecoin: 2 of 10
Risk (Litecoin)
Algorand Logo
Litecoin Logo
riskyless risky
Community
Algorand: 5 of 10
Community (Algorand)
Litecoin: 3 of 10
Community (Litecoin)
Algorand Logo
Litecoin Logo
smalllarge
Hype & momentum
Algorand: 4 of 10
Hype & momentum (Algorand)
Litecoin: 2 of 10
Hype & momentum (Litecoin)
Algorand Logo
Litecoin Logo
weakstrong
Active usage
Algorand: 2 of 10
Active usage (Algorand)
Litecoin: 3 of 10
Active usage (Litecoin)
Algorand Logo
Litecoin Logo
lowhigh
Network effect
Algorand: 1 of 10
Network effect (Algorand)
Litecoin: 1 of 10
Network effect (Litecoin)
Algorand Logo
Litecoin Logo
weakstrong
Decentralization
Algorand: 3 of 10
Decentralization (Algorand)
Litecoin: 5 of 10
Decentralization (Litecoin)
Algorand Logo
Litecoin 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
Litecoin Logo
Litecoin
 (LTC)
A few years ago, Litecoin was highly regarded in the crypto scene, as it was not only one of the first alternative networks to Bitcoin, launched in 2011, but also served extensively as a “crash-test dummy” for Bitcoin. Today, however, it’s difficult to see real utility or justification for Litecoin’s continued existence. The network—and therefore the digital currency—is scarcely used, and even founder Charlie Lee stepped down from his role as founder and lead developer back in 2017. As a long-term investment, we consider Litecoin uninteresting, though we fondly remember the early days. Together with Bitcoin, Litecoin was undoubtedly one of the pioneers in the crypto space and played an important role in testing various upgrades for the Bitcoin protocol.
Litecoin overview

Details

Info
AlgorandLitecoin
Founder
Silvio Micali
Charlie Lee
Developer
Algorand Foundation
Litecoin Foundation
Published
2017
2011
Open source
Yes
Yes
Sector
Smart Contracts
Currency
Key feature
Performance
Fast Transactions
Blockchain
Algorand Blockchain
Litecoin Blockchain
Staking
Yes
No
Consensus mechanism
Pure Proof of Stake
Proof of Work
Energy consumption
Low
High
Transactions per second
10,000 TPS
56 TPS
Institutional investors
  • Union Square Ventures
  • Polybius Capital
  • Multicoin Capital
  • NEO Global Capital
  • Arrington XRP Capital
  • Foundation Capital
  • etc.
  • Galaxy Digital
  • Block Ventures
  • Kenetic Capital
  • Digichain Capital
  • Parallax Digital
  • etc.
Community
358,865 followers
225,579 followers
Website
algorand.co
litecoin.org
Whitepaper
Whitepaper
Whitepaper
Algorand vs Litecoin

Algorand or Litecoin

Market data comparison of ALGO versus LTC

The current price of Algorand is $0.21 and has decreased by in the last 24 hours. Litecoin is currently trading at $106.33, with a drop of over the same period. Algorand has a market cap of $1.8B and ranks 82nd. Litecoin follows with a market cap of $8.12B, ranking 27th — 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 Litecoin?

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 Litecoin. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in Algorand or Litecoin, 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, Litecoin is down approximately from it's all-time high of $410.26 on May 10, 2021.
Algorand currently has a 78.36% lower 24h transaction volume of $102.15M compared to Litecoin with $472.04M.
Over the past year, Algorand achieved a total return of , while Litecoin 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 Litecoin. 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 Litecoin?

Today, there are many reputable and secure exchanges that make it easy to invest in Algorand and Litecoin. 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 Litecoin 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 Litecoin?

If you want to store cryptocurrencies like Algorand or Litecoin 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, Litecoin, 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, 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 2025-09-30T04:20:23.896503+00:00. Sources: CoinGecko, 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 recommendation to buy, sell, or hold cryptocurrencies, nor as a guarantee of future price developments. You are responsible for independently verifying any information before using a listed service. Trading cryptocurrencies involves significant risk and can result in the total loss of your capital. Past performance is not indicative of future results. We do not accept any liability for the timeliness, accuracy, or completeness of the information provided, including content from external or third-party sources. All actions are taken at your own risk. Some links on this website are affiliate links. If you purchase a product or use a service through these links, we may receive a commission at no additional cost to you. Our content, comparisons, and rankings remain editorially independent. This helps us provide free content and continue developing the platform. Thank you for your support.