IOTA (IOTA)
IOTA ranks #54 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #189: 135 of the 188 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 185 non-native assets CoinSpectrum lists above it by market cap, about 52% are claims on other assets, 42% are tokens, 6% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 68/100 · provisional, B to A+ |
|---|---|
| Rank among cryptocurrencies | #54 |
| Rank counting claims | #189 |
| Market capitalisation | $161M |
| Price | $0.0342 |
| Circulating supply | 4,727,921,697 IOTA |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | Tangle |
| Ledger type | Single-asset ledger |
| Launch distribution | Presale |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
A — 68 out of 100, provisional (from 9 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 56 to 76 (B to A+).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 9.1 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 6.8 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 7.6 | no fixed maximum; 4.73 billion in circulation |
| Distribution | 5.1 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0.8 | 91.8% of today's supply allocated at launch to founders, a company, a foundation or investors. Before open issuance began with IOTA Rebased (May 2025), every token was allocated: 2,779,530,283 IOTA sold in the 2015 crowdsale plus about 1.82B minted at the October 2023 Stardust upgrade for the Foundation, the Tangle Ecosystem Association, a UAE entity, contributors and an airdrop. That is about 4.6B against a current total supply of 5,011,022,291 IOTA (CoinGecko, 2026-10-23). source |
| Fundraising (share sold) (Source) | 4.4 | Sold by its issuer or insiders: 55.5% of supply sold. The Nov-Dec 2015 crowdsale sold the entire original supply of 2,779,530,283 IOTA; holders later donated 5% to the Foundation, but that came after the sale and does not undo it. 2,779.5M / 5,011.0M total supply (CoinGecko, 2026-10-23) = 55.5%. Open crowdsale, 25 November to 21 December 2015, raising about 1,300 to 1,337 BTC (about $500k). No private or venture token round was found. In 2017, early holders donated 5% of supply to the Foundation. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. Since IOTA Rebased (May 2025), 767,000 IOTA is minted every ~24h epoch and paid to validators and their stakers through staking pools. Fees are burned. No foundation or treasury share is taken from issuance. The Foundation's tokens came from the 2023 Stardust mint, which is already counted under premine. source |
| Decentralisation | 4.3 | average of 3 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: The Rebased protocol has no freeze or halt key over IOTA; the IOTA Foundation stopped the old coordinator in February 2020, but that component no longer exists. source |
| No central team (Source) | 0 | A central team directs it: The node software is developed by the IOTA Foundation in the iotaledger repository. source |
| Who can mint (Source) | 3 | Gated by representatives: witnesses or representatives chosen by weight confirm the ledger |
| Nodes (Source) | – | Not yet counted |
| Security | 8.5 | 6.8 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 10 | largest 11.15%, largest three 23.41% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 10 | about 2,042,152 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | not mined: another consensus, 1 |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | 7 | one client, latest version Oct 2026 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 0 | a block every 0.2 seconds |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | – | not yet measured |
| Features (3 checks) | 10 | 3 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | Since the 2025 Rebased upgrade, Mysticeti consensus finalises transactions in under a second. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | Sui-derived full nodes prune old objects and checkpoints after a retention window. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | IOTA Rebased (May 2025) ships the iota-light-client crate, which verifies committee-signed checkpoints. |
| Privacy | 3.5 | 3.5 of 10: whitepaper privacy 3.5 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Anyone can create keys and receive and send coins; the protocol carries no identity check. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 0 | An account ledger: one running balance for each address, so the remainder stays at the sending address and its payments share one public history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | No confidential transactions. |
| Hidden parties (Sender and receiver hidden) | 0 | No sender or receiver hiding. |
| Network privacy (Origin hidden by default) | 0 | IOTA Rebased (Sui-derived) submits transactions to validators directly. |
| Programmability | 8.8 | 7 of 8 points, 1 not yet researched source |
| Token issuance (At protocol level) | 2 | Move coins from packages any account can publish, since the IOTA Rebased mainnet upgrade of May 2025. |
| Smart contracts (General-purpose) | 2 | Move packages publishable by any account since the IOTA Rebased mainnet upgrade of May 2025. |
| Multisig and time locks (Without a third party) | ✓ | Built-in k-of-n weighted multisig (up to 10 parties) plus time conditions in Move via the on-chain clock. |
| Atomic swaps (With other chains) | ✓ | Move packages can hold funds against a hash preimage with a timeout refund (HTLC). |
| Native DEX (Trades the coin itself, not a claim) | – | |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol messaging to other chains. |
| NFTs (Carried by the chain's rules) | ✓ | NFTs as Move objects in the object model. |
| Demand | 6.2 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 34 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 4.4 | $1,446,940 traded in 24 hours; #499 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,565,473) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 5.8 | 0.82% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 8.6 | $619,586 within 2% of the price on 5 exchanges, 0.38% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 5.5 | $161M, 5.5 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 7.9 | futures, options and margin positions 4.5% of its market cap |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 8.7 | average of 3 criteria |
| Age (years since genesis) (Source) | 9 | 9 full years since 2017-06-13, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 8 | 3 positive, 0 negative, 1 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 4,177 commits in 12 of the last 12 months (github.com/iotaledger/iota); iota v1.34.1 [Mainnet], released 2026-10-21. |
| Shipped a scaling upgrade in two years, +1 | ✓ | IOTA Rebased hard fork, 5 May 2025: new Move-based ledger with parallel execution. |
| Shipped a new capability for users in two years, +1 | ✓ | IOTA Rebased, 5 May 2025: Move smart contracts and delegated staking on L1. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Conduct (origin, claims, halts) | 9 | 2 positive, 1 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| Negative record | ||
| Halt, freeze or reversal, 2021-12-29 | ✗ | Coordinator stopped issuing milestones on mainnet for at least four hours (investigation from 06:59 UTC, fix in progress at 08:00, Coordinator restarted at 11:01); nodes were told to update to Hornet 1.1.3. status.iota.org |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
Monad MONA
Akash Network AKTA
Sonic SA
Theta Network THETAAAll Proof of Stake chains →Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
4,727,921,697 IOTA are in circulation, against no fixed cap — issuance has no defined end.
Launch and allocation
| Premine (allocated at launch) | 91.8% of today's supply |
|---|---|
| Sold by the issuer or insiders | 55.5% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Public sale |
Before open issuance began with IOTA Rebased (May 2025), every token was allocated: 2,779,530,283 IOTA sold in the 2015 crowdsale plus about 1.82B minted at the October 2023 Stardust upgrade for the Foundation, the Tangle Ecosystem Association, a UAE entity, contributors and an airdrop. That is about 4.6B against a current total supply of 5,011,022,291 IOTA (CoinGecko, 2026-10-23).
Open crowdsale, 25 November to 21 December 2015, raising about 1,300 to 1,337 BTC (about $500k). No private or venture token round was found. In 2017, early holders donated 5% of supply to the Foundation.
The Nov-Dec 2015 crowdsale sold the entire original supply of 2,779,530,283 IOTA; holders later donated 5% to the Foundation, but that came after the sale and does not undo it. 2,779.5M / 5,011.0M total supply (CoinGecko, 2026-10-23) = 55.5%.
Since IOTA Rebased (May 2025), 767,000 IOTA is minted every ~24h epoch and paid to validators and their stakers through staking pools. Fees are burned. No foundation or treasury share is taken from issuance. The Foundation's tokens came from the 2023 Stardust mint, which is already counted under premine.
Sources: blog.iota.org · coingecko.com · docs.iota.org · docs.iota.org · en.wikipedia.org · wiki.iota.org. Researched 2026-10-24, high confidence.
What a regulator has said
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
How CoinSpectrum ranks IOTA
IOTA is #54 among cryptocurrencies and #189 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 135 places between IOTA's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).
See the 1 wrapped and staked claim on IOTA →