Neurai ranks #255 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #2274: 2019 of the 2273 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 2536 non-native assets CoinSpectrum lists above it by market cap, about 79% are tokens, 17% are claims on other assets and 4% are memecoins.
| CoinSpectrum Grade | B · 69/100 · provisional |
|---|---|
| Rank among cryptocurrencies | #255 |
| Rank counting claims | #2274 |
| Market capitalisation | $532,793 |
| Price | $0.0000302 |
| Circulating supply | 17,658,499,650 XNA |
| Maximum supply | 21,000,000,000 XNA |
| Consensus family | Proof of Work |
| Consensus mechanism | KAWPOW |
| Own hashrate | 32 GH/s |
| Network purpose | DePIN |
| Ledger type | Single-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 — 69 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 65 to 70 (B to B).
| 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) | 7.1 | group average, 12 of 13 measured |
| Sound Money Qualities (6 checks) | 8 | 4.8 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 | ✗ | 3 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 | ✓ | 8 decimal places, the smallest unit worth $3.0e-13 |
| Portability: fees of a cent or less and capacity for real demand | ✓ | typical fee $1e-7; about 147 transactions a second (5.4 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) | 4 | 2 of 5 passed source |
| Whitepaper privacy: keys are not tied to an identity | ✓ | Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules. |
| 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) | ✗ | No Dandelion relay; Tor/onion is an optional -onion/-proxy setting in the Bitcoin-derived node, not on by default. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Transparent transactions; the 2.0.0 'privacy-test' build (Oct 2026) is not on mainnet. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Transparent addresses: sender and receiver are public on chain. |
| Scalability (fees, throughput, block time, block space, features) | 8.4 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $1e-7 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | 5.4 | about 147 simple transactions a second |
| Block time (10 minutes 10, less either side) | 6.4 | a block every 1 minute |
| Block space per 10 minutes (32 MB or more 10) | 10 | 8 MB limit, 80 MB per 10 minutes |
| Features (3 checks) | 10 | 3 of 3 passed |
| Payments safe to accept within seconds | ✓ | Ravencoin-derived node with DEFAULT_ENABLE_REPLACEMENT = false, so it relays first-seen with no replace-by-fee by default; one-minute blocks. |
| Pruned nodes: a full node can validate and drop old history | ✓ | -prune option inherited from Bitcoin Core 0.11 (2015): keeps the UTXO set and recent blocks. |
| Light clients verify payments from headers or proofs, without a trusted server | ✓ | Ravencoin/Bitcoin-derived KAWPOW header chain with BIP37 merkleblock Merkle proofs (SPV). |
| Security (miner pay and 7 checks) | 2 | 2 of 9 points source |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | about $130 a day |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | |
| Largest pool or validator under 50% | ✗ | 80% |
| Largest three under 75% | ✗ | 92% |
| More than one maintained client | ✗ | 1 |
| Node software is open source | ✓ | Developed by the Neurai project team in github.com/NeuraiProject/Neurai under the MIT licence; no independent second team found. |
| Real on-chain use: 1,000+ transactions a day | ✗ | about 204 a day |
| No 51% attack or deep reorganisation in five years | ✓ | |
| Programmability (tokens, contracts, 5 checks) | 6.7 | 6 of 9 points source |
| Token issuance at protocol level, validated by its own nodes | 2 | Ravencoin-derived native assets in the consensus rules, issued by anyone who burns the XNA issuance fee. |
| Smart contracts: scripting for spending conditions | 1 | Ravencoin-derived Script limited to spending conditions; the Positronic upgrade (covenants, introspection) is live only on testnet and inactive on mainnet. |
| Multisig and time locks | ✓ | CHECKMULTISIG plus BIP65 (CLTV) and CSV enabled in Neurai mainnet consensus parameters. |
| Atomic swaps with other chains | ✓ | HTLCs expressible with OP_SHA256/OP_HASH160 and OP_CHECKLOCKTIMEVERIFY. |
| An exchange built into the protocol | ✗ | No exchange in the protocol. |
| Cross-chain messaging the chain verifies itself | ✗ | No protocol-level cross-chain messaging. |
| Non-fungible tokens | ✓ | UNIQUE (#) assets, Ravencoin-style NFTs, in the consensus rules since asset activation at block 10. |
| Decentralisation | 7.9 | section average, 7 of 8 measured |
| Censorship resistant (Source) | 10 | No authority can halt the chain or freeze funds: Native XNA has no freeze key; restricted-asset freezing inherited from Ravencoin applies only to issuer-created assets, not to XNA. source |
| No central team (Source) | 0 | A central team directs it: Developed by the Neurai project team in github.com/NeuraiProject/Neurai under the MIT licence; no independent second team found. source |
| Who can mint (Source) | 10 | Proof of work: 10 of 10 on the ladder of who produces blocks |
| Nodes (Source) | 5.6 | 49 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 | 0% of today's supply allocated at launch to founders, a company, a foundation or investors. Genesis (2023-04-17) carries only the unspendable 50,000 XNA genesis coinbase; the subsidy schedule in validation.cpp summed to height 1,839,761 gives 17,647.2M XNA, matching the explorer supply of 17,647.1M, so nothing was issued outside the open mining schedule. source |
| Fundraising | 10 | No sale of the coin source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. Coinbase pays the full subsidy to the miner; chainparams.cpp and validation.cpp contain no developer or community fund output (only asset-issuance burn addresses). source |
| Supply & Demand | 5.8 | group average |
| Supply & Demand (Source) | 5.5 | average of 6 measures |
| Exchanges (10 or more: 10) | 3 | 3 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 1.2 | $28,624 traded in 24 hours; #2068 by volume on the exchanges the site reads (scored on the median day of the last 30, $37,803) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9.8 | 5.3% of its market cap a day, median of the last 30 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 9.1 | $2,862 within 2% of the price on 2 exchanges, 0.54% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 0 | $533K, 0 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 | 4.7 | 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) | 3 | 3 full years since 2023-06-27, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | 1 | 2 positive, 6 negative source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | 415 commits in 10 of the last 12 months (github.com/NeuraiProject/Neurai); Neurai 2.0.0 released 2026-10-14, after 1.0.7 (2026-10-12), 1.0.6 (2026-08-17) and 1.0.5 (2025-11-16). |
| Shipped a security fix in two years, +1 | ✓ | Neurai 1.0.6 mandatory soft fork, Aug 2026 (height 1,739,500): rejects KAWPOW headers with a fake height that skipped PoW verification, and adds a checked sum against asset-transfer overflow inflation. |
| Negative | ||
| Unfixed vulnerability, disclosed 2024-07-03, −1 | ✗ | CVE-2024-52914: crafted orphan transactions can stall the node for hours in the uninterruptible orphan-resolution loop; still in Neurai 1.0.7. |
| 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 Neurai 1.0.7. |
| 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 Neurai 1.0.7. |
| 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 Neurai 1.0.7. |
| Unfixed vulnerability, disclosed 2024-10-08, −1 | ✗ | CVE-2024-35202: a crafted blocktxn message trips the assert in compact-block reconstruction and crashes the node; still in Neurai 1.0.7. |
| Unfixed vulnerability, disclosed 2026-05-05, −1 | ✗ | CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in Neurai 1.0.7. |
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.
17,658,499,650 of a maximum 21,000,000,000 XNA are in circulation — 84.1% of the total that will ever exist.
| Premine (allocated at launch) | 0% of today's supply |
|---|---|
| Sold by the issuer or insiders | 0% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | No sale and no investor round |
Genesis (2023-04-17) carries only the unspendable 50,000 XNA genesis coinbase; the subsidy schedule in validation.cpp summed to height 1,839,761 gives 17,647.2M XNA, matching the explorer supply of 17,647.1M, so nothing was issued outside the open mining schedule.
Mined from block one with KAWPOW; no premine, sale or developer allocation in chainparams.
No sale, ICO or allocation found.
Coinbase pays the full subsidy to the miner; chainparams.cpp and validation.cpp contain no developer or community fund output (only asset-issuance burn addresses).
One pool operator, 2miners, finds about four in five blocks. No BitcoinTalk ANN was found; the fair-launch finding rests on the code and on supply matching the schedule.
Sources: raw.githubusercontent.com · raw.githubusercontent.com · github.com · neuraiexplorer.com · miningpoolstats.stream. Researched 2026-10-26, medium confidence.
Neurai is secured by 32 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.
Neurai is #255 among cryptocurrencies and #2274 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 2019 places between Neurai'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).