Monero ranks #10 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #13: 3 of the 12 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 4 non-native assets CoinSpectrum lists above it by market cap, all are claims on other assets.
| CoinSpectrum Grade | A+ · 82/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #10 |
| Rank counting claims | #13 |
| Market capitalisation | $10.4B |
| Price | $552.20 |
| Circulating supply | 18,829,227 XMR |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Work |
| Consensus mechanism | RandomX (CPU) |
| Own hashrate | 6.59 GH/s |
| Network purpose | Private payments |
| Ledger type | Single-asset ledger |
| Launch distribution | No premine |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
A+ — 82 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 78 to 82 (A+ to A+).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 10 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 8.9 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.9 | no fixed maximum; 18.8 million in circulation |
| Distribution | 10 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 10 | Fair launch: no premine |
| Fundraising (share sold) (Source) | 10 | No sale of the coin |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners who produce blocks |
| Decentralisation | 10 | average of 4 parts |
| Governance (Source) | 10 | No authority can halt the chain or freeze funds: No party can freeze or reverse coins; amounts and owners are hidden by design. source |
| No central team (Source) | 10 | No central team: Volunteer and community-funded contributors maintain monerod in the monero-project repository; the separate Cuprate team builds a second node. source |
| Who can mint (Source) | 10 | Open to anyone with hardware: anyone can produce blocks by mining, no permission needed |
| Nodes (Source) | 10 | 4,984 reachable nodes (source: MoneroHash) |
| Security | 6.7 | 5.3 of 8 points source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | 7.6 | largest 26.7%, largest three 59.9% |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 6.2 | about 28,006 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 8.3 | own work 5; about 44.9 MW, 3.3 of 5; the largest on its algorithm |
| 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) | 7.5 | monerod (C++, monero-project, v0.18.5.4, Oct 2026); Cuprate (Rust, separate code and team) is in development, cuprated 0.1.0 preview, Aug 2026: one client 7, a second in development 0.5 |
| Open source (Node software) | ✓ | |
| No 51% attack (Nor a deep reorganisation, five years) | ✗ | 2025-09-14: 18-block reorganisation from height 3,499,659 orphaned ~118 transactions; attributed by observers to withheld blocks from the Qubic mining pool, which had claimed majority hashrate in August 2025. |
| Scalability | 5.5 | average of 5 parts, +1 for an adaptive block size source |
| Fees ($0.001 or less 10, $1 or more 0) | 5.7 | typical fee $0.019 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 0 | about 3.3 simple transactions a second |
| Block time (10 minutes 10, less either side) | 7.5 | a block every 2 minutes |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 6.2 | 0.6 MB limit, 3 MB per 10 minutes |
| Features (3 checks) | 3.3 | 1 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✗ | Two-minute blocks with a 10-block spend lock; zero-confirmation acceptance is not protected by the network. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | Monero v0.14 (2019): --prune-blockchain drops 7/8 of ring-signature data while still validating. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | No SPV-style light client; light wallets trust a remote node or server. |
| Adaptive block size (a bonus point, at most 10) | +1 | Block weight limit is twice the effective median of the last 100 blocks (300 kB penalty-free floor), held to the long-term median of the last 100,000 blocks, with a reward penalty above the median; median-based limit in consensus since launch, long-term median since 2019. |
| Privacy | 10 | 10 of 10: whitepaper privacy 7 of 7, extra features 3 of 3 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) | 10 | Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | 10 | Subaddresses derived from the view key and the public spend key, without the spend key, unlinkable on chain |
| Hidden amounts (Amounts confidential) | 10 | RingCT (Jan 2017) hides all amounts, mandatory. |
| Hidden parties (Sender and receiver hidden) | 10 | Ring signatures hide the sender and one-time stealth addresses hide the receiver, mandatory. |
| Network privacy (Origin hidden by default) | 10 | monerod relays transactions by Dandelion++ stem/fluff by default (v0.16, 2020). |
| Programmability | 3.3 | 3 of 9 points source |
| Token issuance | 0 | No token issuance on the chain itself |
| Smart contracts | 0 | No scripting; transactions are fixed RingCT transfers. |
| Multisig and time locks (Without a third party) | ✓ | M-of-N multisig by key splitting (experimental, CLI) and the consensus unlock_time field (absolute height or timestamp), slated for deprecation with FCMP++, which has not reached mainnet as of October 2026. |
| Atomic swaps (With other chains) | ✓ | Adaptor-signature BTC-XMR swaps with a working implementation (COMIT's xmr-btc-swap, now eigenwallet). |
| Native DEX (Trades the coin itself, not a claim) | ✓ | Traded as itself, not as a wrapped token or a claim: BasicSwap; Haveno; eigenwallet (BTC-XMR atomic swaps); Bisq. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol messaging to other chains. |
| NFTs (Carried by the chain's rules) | ✗ | Monero carries only XMR; no token type. |
| Demand | 8.3 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 16 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 8.1 | $141,743,670 traded in 24 hours; #24 by volume on the exchanges the site reads (scored on the median day of the last 30, $108,961,830) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 6.5 | 1.1% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 5.1 | $3,488,037 within 2% of the price on 3 exchanges, 0.03% of its market cap, median of the last 15 days; a lower bound: the books returned by 1 of them stop short of 2% |
| Market cap ($1M 0, $10B or more 10) | 10 | $10B, at the top of the scale |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 8.3 | futures, options and margin positions 2.8% of its market cap |
| Wallet support (wallets that hold it, 10 or more: 10) | 10 | 14 wallets in the site's wallet directory |
| Record | 9 | average of 3 criteria |
| Age (years since genesis) (Source) | 10 | 12 full years since 2014-05-19, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 7 | 2 positive, 0 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 1,044 commits in 12 of the last 12 months (github.com/monero-project/monero); monero v0.18.5.4, 17 Oct 2026; 11 releases in the last 24 months. |
| Shipped a security fix in two years, +1 | ✓ | Monero 0.18.4.0, Apr 2025: fixed multiple daemon network vulnerabilities. |
| Conduct (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
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.
18,829,227 XMR are in circulation, against no fixed cap — issuance has no defined end.
| Nodes or validators | 4,984 |
|---|
Monero is secured by 6.59 GH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.
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.
Monero is #10 among cryptocurrencies and #13 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 3 places between Monero'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).