Electroneum ranks #98 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #562: 464 of the 561 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 560 non-native assets CoinSpectrum lists above it by market cap, about 59% are tokens, 33% are claims on other assets and 9% are memecoins.
| CoinSpectrum Grade | C · 60/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #98 |
| Rank counting claims | #562 |
| Market capitalisation | $39M |
| Price | $0.00214 |
| Circulating supply | 17,979,817,605 ETN |
| Maximum supply | 21,000,000,000 ETN |
| Consensus family | Proof of Authority |
| Consensus mechanism | Proof of Responsibility (IBFT/PoA) |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
C — 60 out of 100, provisional (from 18 of 20 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 54 to 64 (C to B).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 7.3 | group average |
| Consensus: leader ladder | 7.3 | Proof of authority: 7.3 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 7.3 | Proof of authority: 7.3 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 5.6 | group average, 11 of 13 measured |
| Sound Money Qualities (6 checks) | 9.7 | 5.8 of 6 points source |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 8 | fixed maximum supply of 21 billion: supply scale 6, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | ✓ | 8 full years since its first recorded price, no halt, freeze or reversal in five years |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✓ | no authority can freeze, blacklist or set apart a coin |
| Divisibility: the smallest unit worth a cent or less | ✓ | 18 decimal places, the smallest unit worth $2.1e-21 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $4e-8; about 286 transactions a second (6.4 on the throughput scale; 5 is the busiest networks' median demand) |
| Verifiability: open-source nodes and checking without a trusted server | ✓ | node software open source; light clients verify from headers or proofs |
| Privacy (5 checks) | 2 | 1 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Any secp256k1 key can hold and send ETN; the chain's account and transfer rules carry no identity check. |
| UTXO ledger: a new key for each payment, no account linking every coin | ✗ | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | etn-sc is a go-ethereum-based client with standard devp2p gossip; no Dandelion or built-in Tor. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | The ETN Smart Chain is a public EVM ledger. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Accounts are public. |
| Scalability (fees, throughput, block time, block space, features) | 7.1 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $4e-8 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 6.4 | about 286 simple transactions a second |
| Block time (10 minutes 10, less either side) | 2.5 | a block every 5 seconds |
| Block space per 10 minutes (32 MB or more 10) | 10 | 1.88 MB limit (converted from its gas, compute, mass or count limit), 225 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Payments safe to accept within seconds | ✓ | Since the 2024 move to the Electroneum Smart Chain, IBFT commits five-second blocks with immediate finality. |
| Pruned nodes: a full node can validate and drop old history | ✗ | etn-sc is a go-ethereum fork without history pruning: it prunes state only and keeps every block. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | The etn-sc client (go-ethereum based, 2024) can run as a light node that verifies headers and fetches Merkle-proven data live. |
| Security (miner pay and 7 checks) | 5 | 5 of 9 points source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | not mined |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | not mined |
| Largest pool or validator under 50% | ✓ | 14% |
| Largest three under 75% | ✓ | 39% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | The electroneum-sc node, a go-ethereum fork, is developed by Electroneum Ltd, which also approves the validator set. |
| Real on-chain use: 1,000+ transactions a day | ✓ | about 295,776 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 7.8 | 7 of 9 points source |
| Token issuance at protocol level, validated by its own nodes | 2 | ERC-20 contracts on the EVM of the Electroneum Smart Chain, open to any account since the October 2024 migration (validators are permissioned, contract deployment is not). |
| Smart contracts: a general-purpose contract system | 2 | Electroneum Smart Chain (go-ethereum-based, IBFT) runs the EVM with contract deployment open to users since the October 2024 migration. |
| Multisig and time locks | ✓ | Multisig and time-lock contracts on its EVM. |
| Atomic swaps with other chains | ✓ | Solidity HTLCs can be deployed on its EVM. |
| An exchange built into the protocol | ✗ | No exchange in the protocol. |
| Cross-chain messaging the chain verifies itself | ✗ | The only bridge described moves coins from the legacy Electroneum chain, operated by the project; no protocol-verified messaging to other chains. |
| Non-fungible tokens | ✓ | ERC-721 contracts run by its EVM. |
| Decentralisation | 5.1 | section average, 6 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: No documented protocol-level freeze or clawback of ETN, although the IBFT validator set is approved by Electroneum Ltd. source |
| No central team (Source) | 0 | A central team directs it: The electroneum-sc node, a go-ethereum fork, is developed by Electroneum Ltd, which also approves the validator set. source |
| Who can mint (Source) | 4.3 | Proof of authority: 4.3 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 3 | 70.1% of today's supply allocated at launch to founders, a company, a foundation or investors. Block 1 of the November 2017 legacy chain reportedly premined 12.6B ETN (60% of the 21B cap: about 6.3B for ICO investors and bounties, the rest a company-run mobile 'mining' and airdrop pool and team), against a current supply of 17,979,817,605 ETN (CoinGecko, 2026-10-23). source |
| Fundraising | 3 | Sold by its issuer or insiders: 70.1% of supply was theirs to sell, 33.4% sold so far. The Sep-Oct 2017 ICO sold ~6.0B ETN (ICO Drops: 6B, 28.57% of the 21B cap; CoinCodex: 6.09B), raising the ~$40M hard cap. Balances carried over 1:1 through the later chain migration, so it is counted. 6.0B / 17,979,817,605 ETN current supply (CoinGecko, 2026-10-23) = 33.4% (33.9% at 6.09B). Public ICO in September and October 2017, closed early at its $40M hard cap with more than 120,000 contributors. No private round was found. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No protocol share of the block reward to Electroneum Ltd or a fund was found. Rewards went to PoW miners until 2019, then to approved validator nodes (NGOs and partners) under the moderated chain and Proof of Responsibility, and then on the Smartchain. The company's mobile-mining and airdrop pool came from the 2017 premine. Because validators are Electroneum-approved and current docs are thin, this is low confidence. source |
| Supply & Demand | 5.8 | group average |
| Supply & Demand (Source) | 5.6 | average of 6 measures |
| Exchanges (10 or more: 10) | 6 | 6 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 3 | $368,444 traded in 24 hours; #1069 by volume on the exchanges the site reads (scored on the median day of the last 30, $305,209) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 5.9 | 0.83% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 4.8 | $10,960 within 2% of the price on 3 exchanges, 0.03% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 4 | $39M, 4 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) | 6 | fixed maximum supply of 21 billion |
| Record | 6.5 | 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 2017-11-02, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 1.5 | 1 positive, 4 negative source |
| Positive | ||
| Steady work, 5.5 of 6 | ✓ | 87 commits in 11 of the last 12 months (github.com/electroneum/electroneum-sc); Only GitHub release of the reference client etn-sc is v6.0.0 'Aurelius' (2024-02-29), which strictly meets the no-release-in-24-months test; developers are still merging consensus fixes (commits 2026-10-20), so rated minimal rather than abandoned. |
| Negative | ||
| Unfixed vulnerability, disclosed 2023-09-06, −1 | ✗ | go-ethereum GHSA-ppjg-v974-84cm (CVE-2023-40591, High) lets a flood of p2p pings spawn unbounded goroutines until the node runs out of memory; electroneum-sc v6.0.0 (geth-1.10-era fork) still answers pings in a new goroutine (fixed in 1.12.1). |
| Unfixed vulnerability, disclosed 2024-05-06, −1 | ✗ | go-ethereum GHSA-4xc9-8hmq-j652 (CVE-2024-32972, High) lets a GetBlockHeaders request with count 0 make the node load every header back to genesis; electroneum-sc v6.0.0 (geth-1.10-era fork) lacks the 1.13.15 cap. |
| Unfixed vulnerability, disclosed 2026-01-13, −1 | ✗ | go-ethereum GHSA-mr7q-c9w9-wh4h (CVE-2026-22862, High) lets a crafted p2p message crash the node with a too-short ECIES ciphertext; electroneum-sc v6.0.0 (geth-1.10-era fork) lacks the 1.16.8 length check. |
| Unfixed vulnerability, disclosed 2026-02-17, −1 | ✗ | go-ethereum GHSA-2gjw-fg97-vg3r (CVE-2026-26314, High) lets a crafted p2p message crash the node through unchecked secp256k1 point coordinates; electroneum-sc v6.0.0 (geth-1.10-era fork) lacks the 1.16.9 coordinate check. |
Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). 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.
17,979,817,605 of a maximum 21,000,000,000 ETN are in circulation — 85.6% of the total that will ever exist.
| Premine (allocated at launch) | 70.1% of today's supply |
|---|---|
| Sold by the issuer or insiders | 33.4% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Public sale |
Block 1 of the November 2017 legacy chain reportedly premined 12.6B ETN (60% of the 21B cap: about 6.3B for ICO investors and bounties, the rest a company-run mobile 'mining' and airdrop pool and team), against a current supply of 17,979,817,605 ETN (CoinGecko, 2026-10-23).
Public ICO in September and October 2017, closed early at its $40M hard cap with more than 120,000 contributors. No private round was found.
The Sep-Oct 2017 ICO sold ~6.0B ETN (ICO Drops: 6B, 28.57% of the 21B cap; CoinCodex: 6.09B), raising the ~$40M hard cap. Balances carried over 1:1 through the later chain migration, so it is counted. 6.0B / 17,979,817,605 ETN current supply (CoinGecko, 2026-10-23) = 33.4% (33.9% at 6.09B).
No protocol share of the block reward to Electroneum Ltd or a fund was found. Rewards went to PoW miners until 2019, then to approved validator nodes (NGOs and partners) under the moderated chain and Proof of Responsibility, and then on the Smartchain. The company's mobile-mining and airdrop pool came from the 2017 premine. Because validators are Electroneum-approved and current docs are thin, this is low confidence.
Sources: community.electroneum.com · icodrops.com · coincodex.com · blog.electroneum.com · blog.electroneum.com · bitcointalk.org. Researched 2026-10-24, medium confidence.
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.
Electroneum is #98 among cryptocurrencies and #562 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 464 places between Electroneum'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 Electroneum →