IOTA vs MANA
IOTA and Decentraland scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.
Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.
What separates them
IOTA scores 78 of 250 and ranks 221st of 251. MANA scores 66 and ranks 241st. IOTA leads by 12 points, which is a real gap, though small enough that one variable moving would close much of it. IOTA takes 8 of the 25 variables, MANA takes 5, and 12 are level.
3 variables separate them by 3 points or more. IOTA is clear on Circulating / FDV Ratio (10 against 6), Supply Inflation (8 against 5) and Vesting Schedule (8 against 5).
Both score 3 or below on Protocol Revenue, Revenue Trend, P/S Multiple, Buyback and Burn, Smart Money Flows, Holder Concentration and 12 more. A weakness both sides share is not a reason to prefer either. It is a reason to check whether the category itself carries the problem.
IOTA is valued at $248.2M against $197.1M for MANA, a 1.3x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.
All 25 variables, head to head
Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.
Cash flow
| Protocol Revenue | 1 | 2 | MANA +1 | |
| Revenue Trend | 1 | 2 | MANA +1 | |
| P/S Multiple | 2 | 2 | level | |
| Real Staking Yield | 1 | 1 | level |
Supply
| Supply Inflation | 8 | 5 | IOTA +3 | |
| Vesting Schedule | 8 | 5 | IOTA +3 | |
| Circulating / FDV Ratio | 10 | 6 | IOTA +4 | |
| Buyback and Burn | 1 | 1 | level |
Ownership
| Smart Money Flows | 2 | 2 | level | |
| Insider Selling | 5 | 3 | IOTA +2 | |
| Holder Concentration | 3 | 3 | level |
Traction
| TVL Trend | 1 | 1 | level | |
| Active Users | 1 | 1 | level | |
| Developer Activity | 3 | 3 | level | |
| Network Growth | 1 | 1 | level |
Position
| Market Share | 1 | 2 | MANA +1 | |
| Competitive Moat | 2 | 2 | level | |
| Institutional Adoption | 2 | 2 | level | |
| Exchange Depth | 5 | 4 | IOTA +1 | |
| Social Mindshare | 2 | 3 | MANA +1 |
Risk
| Regulatory Safety | 7 | 5 | IOTA +2 | |
| Catalyst Calendar | 3 | 2 | IOTA +1 | |
| BTC Alpha Potential | 1 | 2 | MANA +1 | |
| Team Execution | 3 | 2 | IOTA +1 | |
| Treasury Runway | 4 | 4 | level |
Bars read outward from the centre: IOTA to the left, MANA to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.
Market and supply
| IOTA | MANA | |
|---|---|---|
| Price | $0.0531 | $0.1007 |
| Market cap | $248.2M | $197.1M |
| Circulating | 93.6% | 89.3% |
| Dilution to full supply | 1.07x | 1.12x |
| Off all-time high | -99% | -98.3% |
| To recover the high | 100x | 58.8x |
| Total value locked | $2.5M | not published |
| Network | IOTA | Ethereum |
Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.
Catalyst and risk on each side
IOTA · PASS
IOTA 2.0 decentralized protocol (no coordinator) finally live; Assembly smart contract layer in development
Zero smart contract activity, no DeFi TVL, IoT machine-economy thesis never materialized, fully diluted supply already in circulation
MANA · PASS
Decentraland Foundation events and partnerships with legacy brands
Reported concurrent user counts in the hundreds; massive gap between market cap and actual usage is unsustainable
Common questions
- Is IOTA or MANA the better investment?
- On this framework IOTA scores higher: 78 against 66 of 250, and it is rated PASS against PASS. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and IOTA still wins 8 of the 25 individual variables against MANA.
- What is the biggest difference between IOTA and MANA?
- Circulating / FDV Ratio. IOTA scores 10 of 10 there and MANA scores 6, a gap of 4 points on a single variable.
- Which is bigger, IOTA or MANA?
- IOTA is valued at $248.2M and MANA at $197.1M on the latest market snapshot.
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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.