Bitcoin SV ranks #44 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #131: 87 of the 130 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 119 non-native assets CoinSpectrum lists above it by market cap, about 55% are claims on other assets, 38% are tokens and 7% are memecoins.
| CoinSpectrum Grade | B · 71/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #44 |
| Rank counting claims | #131 |
| Market capitalisation | $349M |
| Price | $17.36 |
| Circulating supply | 20,103,153 BSV |
| Maximum supply | 21,000,000 BSV |
| Consensus family | Proof of Work |
| Consensus mechanism | SHA-256 |
| Own hashrate | 211 PH/s |
| Network purpose | Decentralized storage |
| Ledger type | Overlay-asset ledger |
| Launch distribution | No premine |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
B — 71 out of 100, provisional (from 19 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 68 to 74 (B to A).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 10 | group average |
| Consensus: leader ladder | 10 | Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 10 | Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 6.4 | group average, 11 of 12 measured |
| Sound Money Properties (6 checks) (Source) | 8.3 | 5 of 6 points source |
| Scarcity (Limited supply · 1 Store of value · Whitepaper §6) | 10 | fixed maximum supply of 21 million: supply scale 10, cap 10 |
| Durability (Sustainability · 1 Store of value) | ✓ | 17 full years since genesis, 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 $0.000004; about 300 transactions a second, 6.5 on the throughput scale (5 is the busiest networks' median demand) |
| Divisibility (Flexibility · 3 Unit of account) | ✓ | 8 decimal places, the smallest unit worth $1.7e-7 |
| Verifiability (Authenticity check · 1 Store of value · Whitepaper §8) | ✗ | node software not open source; light clients verify from headers or proofs |
| Scalability (fees, throughput, block time, block space, features) | 9.3 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.000004 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 6.5 | about 300 simple transactions a second |
| Block time (10 minutes 10, less either side) | 10 | a block every 10 minutes |
| Block space per 10 minutes (32 MB or more 10) | 10 | 4000 MB limit |
| Features (3 checks) | 10 | 3 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper §11) | ✓ | SV Node relays the first-seen transaction and has no replace-by-fee, so zero-confirmation payments are protected by first-seen relay. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | SV Node -prune deletes old blocks. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✓ | Bitcoin-style SPV with headers and Merkle proofs. |
| Security (miner pay and 7 checks) | 4.4 | 4.4 of 9 points source |
| Miner pay (A day, $1,000 0 to $10 million 10; 2 points) | 2.2 | about $7,812 a day |
| Own hashrate (Half its algorithm's largest, not merge-mined) | ✗ | |
| Largest pool (Pool or validator under 50%) | ✓ | 20.5% |
| Largest three (Under 75% together) | ✓ | 50% |
| Clients (More than one maintained) | ✗ | 1 |
| Open source (Node software) | ✗ | The BSV Association (with nChain engineers) controls SV Node and Teranode and the protocol roadmap; both are released under the Open BSV License, which restricts use to the BSV blockchain and so is not an OSI open-source licence. |
| Real use (1,000+ transactions a day) | ✓ | about 2,900,000 a day |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Decentralisation | 6.4 | section average, 7 of 8 measured |
| Censorship resistant (Source) | 0 | An authority can halt the chain or freeze funds: SV Node enforces consensus-level freezing and, since 1.0.13, confiscation of UTXOs named in notices the BSV Association broadcasts through its Alert System on court orders. source |
| No central team (Source) | 0 | A central team directs it: The BSV Association (with nChain engineers) controls SV Node and Teranode and the protocol roadmap; both are released under the Open BSV License, which restricts use to the BSV blockchain and so is not an OSI open-source licence. source |
| Who can mint (Source) | 10 | Proof of work: 10 of 10 on the ladder of who produces blocks |
| Nodes (Source) | 4.9 | 30 reachable nodes (distinct IP addresses at the chain's tip, crawled by CoinSpectrum on 2026-10-27; clearnet only) |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 10 | Fair launch: no premine |
| Fundraising | 10 | No sale of the coin |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners who produce blocks |
| Privacy | 4 | section average |
| Privacy (5 checks) | 4 | 2 of 5 passed source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | ✓ | Anyone can generate keys and receive and send coins; the consensus rules carry no identity check. |
| UTXO ledger (A new key for each payment · Whitepaper §2, §9) | ✓ | |
| Network privacy (Origin hidden by default) | ✗ | SV Node relays transactions directly. |
| Hidden amounts (Amounts confidential) | ✗ | No confidential transactions. |
| Hidden parties (Sender and receiver hidden) | ✗ | No sender or receiver hiding. |
| Programmability (tokens, contracts, 5 checks) | 4.4 | 4 of 9 points source |
| Token issuance (Through a metaprotocol) | 1 | STAS, BSV-20/BSV-21 (1Sat Ordinals), Tokenized, Run: read by indexers, not validated by the chain's nodes |
| Smart contracts (Scripting for spending conditions) | 1 | Restored Script (Genesis 2020, Chronicle opcodes at block 943,816 on 7 April 2026) with sCrypt covenants, but no base-layer applications of the DEX or lending kind are established; token layers depend on indexers. |
| Multisig and time locks (Without a third party) | ✓ | OP_CHECKMULTISIG; Genesis turned CLTV/CSV into NOPs, but OP_PUSH_TX scripts check the spending transaction's nLockTime to enforce time locks. |
| Atomic swaps (With other chains) | ✓ | Hash-locked scripts with an OP_PUSH_TX nLockTime refund express HTLCs; the BSV academy's HTLC example still uses CLTV, which is a NOP since Genesis. |
| Native exchange (Built into the protocol) | ✗ | No exchange in the protocol. |
| Cross-chain messaging (Verified by the chain itself) | ✗ | No protocol messaging to other chains. |
| NFTs (Carried by the chain's rules) | ✗ | 1Sat Ordinals and STAS NFTs depend on wallets and indexers rather than consensus. |
| Supply & Demand | 8.7 | group average |
| Supply & Demand (Source) | 7.3 | average of 6 measures |
| Exchanges (10 or more: 10) | 10 | 22 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 5.4 | $3,606,619 traded in 24 hours; #249 by volume on the exchanges the site reads (scored on the median day of the last 30, $4,925,546) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 7 | 1.4% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 6.4 | $288,019 within 2% of the price on 4 exchanges, 0.08% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 6.4 | $349M, 6.4 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 8.6 | futures, options and margin positions 2.0% of its market cap |
| Supply (smaller is better) | 10 | fixed maximum supply of 21 million |
| Record | 7.7 | group average |
| Record (origin, claims, halts) | 9 | 2 positive, 1 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
| Negative record | ||
| Claims by its founders or lead company that contradict its own design | ✗ | Craig Wright and the BSV Association present BSV as the original Bitcoin design restored, while describing it as an identity-linked ledger on which anonymity is unnecessary and as a data network for enterprise and government. The Bitcoin whitepaper describes peer-to-peer electronic cash and keeps privacy by keeping public keys anonymous (section 10). |
| Age (years since genesis) (Source) | 10 | 17 full years since genesis. Split from Bitcoin Cash on 15 November 2018 after block 556,766, keeping the ledger: its history runs from Bitcoin's genesis block of 3 January 2009. |
| Development (work, improvements, unfixed issues) | 4 | 2 positive, 3 negative, 2 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 374 commits in 11 of the last 12 months (github.com/bitcoin-sv/bitcoin-sv); Bitcoin SV node 1.2.3 released 2026-10-06 (1.2.0 Jan, 1.2.1 Mar, 1.2.2 Apr 2026). |
| Shipped a new capability for users in two years, +1 | ✓ | Chronicle (SV Node 1.2), 7 Apr 2026: restored original script opcodes. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2020-14198: misbehaving peers are auto-banned into an unbounded ban list, so many attacker addresses can exhaust CPU and memory; still in Bitcoin SV v1.2.3. |
| Unfixed vulnerability, disclosed 2024-07-31, −1 | ✗ | CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in Bitcoin SV v1.2.3. |
| Unfixed vulnerability, disclosed 2024-09-18, −1 | ✗ | CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in Bitcoin SV v1.2.3. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a scaling upgrade in two years | – | |
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.
20,103,153 of a maximum 21,000,000 BSV are in circulation — 95.7% of the total that will ever exist.
No premine. Shares the history of Bitcoin from 2009 and of Bitcoin Cash to their split on 15 November 2018; holders at each split kept their balance on both branches. Nothing was allocated or sold: every coin was mined, before a split or after it.
Bitcoin SV is secured by 211 PH/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.
Bitcoin SV is #44 among cryptocurrencies and #131 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 87 places between Bitcoin SV'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).