Wanchain ranks #141 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #932: 791 of the 931 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 1168 non-native assets CoinSpectrum lists above it by market cap, about 69% are tokens, 23% are claims on other assets and 8% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #141 |
| Rank counting claims | #932 |
| Market capitalisation | $11M |
| Price | $0.0538 |
| Circulating supply | 199,318,568 WAN |
| Maximum supply | 210,000,000 WAN |
| Consensus family | Other |
| Consensus mechanism | — not yet curated |
| Ledger type | Single-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. Wanchain's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | — | group average, 0 of 2 measured |
| Consensus: leader ladder | — | Consensus not yet reviewed |
| Consensus: family ladder | — | Consensus not yet reviewed |
| Cryptocurrency Standards (Source) | 5.4 | group average, 6 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 9.8 | 4.9 of 5 points, 1 not yet measured source |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 9.4 | fixed maximum supply of 210 million: supply scale 8.7, cap 10 |
| Durability (Sustainability · 1 Store of value) | ✓ | 8 full years since its first recorded price, no halt, freeze or reversal in five years |
| Fungibility (Interchangeability · 3 Unit of account) | ✓ | every unit identical and worth any other |
| Portability (Scalability · 2 Medium of exchange) | ✓ | typical fee $0.000003; about 401 transactions a second, 7 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 18 decimal places, the smallest unit worth $5.4e-20 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | – | node software open source |
| Scalability (fees, throughput, block time, block space, features) | 5 | average of 4 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.000003 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 7 | about 401 simple transactions a second |
| Block time (10 minutes 10, less either side) | 2.8 | a block every 5.92 seconds |
| Block space per 10 minutes (32 MB or more 10) | – | no fixed byte limit (gas, compute units or mass instead), left out |
| Features (3 checks) | 0 | 0 of 1 passed, 2 not yet researched |
| Fast payments (Safe to accept within seconds · Whitepaper §11) | ✗ | Galaxy PoS produces blocks about every 6.5 s with chain-based (probabilistic) confirmation. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | – | Not established. |
| Light clients (Payments verified from headers · Whitepaper §8) | – | Not established. |
| Security (miner pay and 7 checks) | 5 | 5 of 9 points source |
| Miner pay (A day, $1,000 0 to $10 million 10; 2 points) | 0 | not mined |
| Own hashrate (Half its algorithm's largest, not merge-mined) | ✗ | not mined |
| Largest pool (Pool or validator under 50%) | ✓ | 32.3% |
| Largest three (Under 75% together) | ✓ | 59.3% |
| Clients (More than one maintained) | ✗ | 1 |
| Open source (Node software) | ✓ | gwan, the only node (a go-ethereum fork), is developed by the Wanchain Foundation. |
| Real use (1,000+ transactions a day) | ✓ | about 14,694 a day |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Decentralisation | 5 | section average, 2 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No protocol-level freeze or blacklist of ordinary WAN balances. source |
| No central team (Source) | 0 | A central team directs it: gwan, the only node (a go-ethereum fork), is developed by the Wanchain Foundation. source |
| Who can mint (Source) | — | Consensus not yet reviewed |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | — | Launch not yet researched |
| Fundraising | — | Launch not yet researched |
| Developer share (after launch) | — | Not yet researched |
| Privacy | 2.5 | section average |
| Privacy (5 checks) | 2.5 | 1 of 5 passed, 1 not yet measured source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | ✓ | Any secp256k1 key can hold and send WAN; the chain's account and transfer rules carry no identity check. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | ✗ | |
| Network privacy (Origin hidden by default) | ✗ | go-wanchain (go-ethereum fork) devp2p gossip; no Dandelion or built-in Tor. |
| Hidden amounts (Amounts confidential) | ✗ | Privacy transfers use a fixed list of public denominations, so amounts are not hidden. |
| Hidden parties (Sender and receiver hidden) | – | Wanchain documents privacy transfers with ring signatures and one-time addresses, but whether they still work on today's mainnet was not confirmed. |
| Programmability (tokens, contracts, 5 checks) | 7.8 | 7 of 9 points source |
| Token issuance (At protocol level) | 2 | WRC-20 (ERC-20) contracts on its EVM, open to any account. |
| Smart contracts (General-purpose) | 2 | EVM-compatible chain open to any account. |
| Multisig and time locks (Without a third party) | ✓ | Multisig and time-lock contracts on its EVM. |
| Atomic swaps (With other chains) | ✓ | Solidity HTLCs can be deployed on its EVM. |
| Native exchange (Built into the protocol) | ✗ | No exchange in the protocol. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | Cross-chain transfers are signed by a 17-of-25 MPC group of bridge (Storeman) nodes, not verified by the chain's own nodes through light clients. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts run by its EVM. |
| Supply & Demand | 7 | group average |
| Supply & Demand (Source) | 5.2 | average of 6 measures |
| Exchanges (10 or more: 10) | 2 | 2 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.9 | $162,816 traded in 24 hours; #1619 by volume on the exchanges the site reads (scored on the median day of the last 30, $90,155) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 5.8 | 0.80% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 8.7 | $42,523 within 2% of the price on 1 exchange, 0.40% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 2.6 | $11M, 2.6 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 10 | no futures, options or margin on the exchanges read |
| Supply (smaller is better) | 8.7 | fixed maximum supply of 210 million |
| Record | 8 | group average |
| Record (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 | ✓ | |
| Age (years since genesis) (Source) | 8 | 8 full years since 2018-03-23, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 6 | 1 positive, 0 negative, 5 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 1 commit in 1 of the last 12 months (github.com/wanchain/go-wanchain-release); go-wanchain v3.0.9, released 2026-10-20 (wanchain/go-wanchain-release). |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a privacy improvement in two years | – | |
| Shipped a scaling upgrade in two years | – | |
| Shipped a new capability for users in two years | – | |
| Unfixed vulnerabilities and exploits | – | |
Twenty criteria, weighted equally. The Cryptocurrency Standards have five sections: sound money (six qualities: scarcity, durability, fungibility, portability, divisibility, verifiability), scalability (four measures and three features), security (miner pay and seven checks), decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share) and privacy (five checks); programmability (token issuance, smart contracts and five checks) follows them. Provisional: criteria 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.
199,318,568 of a maximum 210,000,000 WAN are in circulation — 94.9% of the total that will ever exist.
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.
Wanchain is #141 among cryptocurrencies and #932 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 791 places between Wanchain'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).