TON vs WLD
Toncoin and Worldcoin 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
TON scores 110 of 250 and ranks 94th of 251. WLD scores 89 and ranks 196th. TON leads by 21 points, which is a real gap, though small enough that one variable moving would close much of it. TON takes 14 of the 25 variables, WLD takes 4, and 7 are level.
The framework rates TON WATCH and WLD PASS. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.
3 variables separate them by 3 points or more. TON is clear on Circulating / FDV Ratio (4 against 1), Real Staking Yield (5 against 2) and Catalyst Calendar (8 against 5).
Both score 3 or below on Protocol Revenue, Revenue Trend, P/S Multiple, Supply Inflation, Vesting Schedule, Buyback and Burn and 4 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.
WLD still has 62% of its eventual supply to enter circulation against 46.4% for TON. On the same market capitalisation, a buyer of WLD is taking the 2.63x dilution path and a buyer of TON the 1.86x one.
TON is valued at $4.02B against $1.96B for WLD, a 2.1x 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 | 1 | level | |
| Revenue Trend | 2 | 2 | level | |
| P/S Multiple | 3 | 1 | TON +2 | |
| Real Staking Yield | 5 | 2 | TON +3 |
Supply
| Supply Inflation | 3 | 1 | TON +2 | |
| Vesting Schedule | 2 | 1 | TON +1 | |
| Circulating / FDV Ratio | 4 | 1 | TON +3 | |
| Buyback and Burn | 2 | 1 | TON +1 |
Ownership
| Smart Money Flows | 7 | 5 | TON +2 | |
| Insider Selling | 2 | 2 | level | |
| Holder Concentration | 2 | 2 | level |
Traction
| TVL Trend | 2 | 2 | level | |
| Active Users | 6 | 6 | level | |
| Developer Activity | 7 | 6 | TON +1 | |
| Network Growth | 5 | 6 | WLD +1 |
Position
| Market Share | 4 | 5 | WLD +1 | |
| Competitive Moat | 7 | 5 | TON +2 | |
| Institutional Adoption | 5 | 4 | TON +1 | |
| Exchange Depth | 7 | 7 | level | |
| Social Mindshare | 8 | 6 | TON +2 |
Risk
| Regulatory Safety | 3 | 2 | TON +1 | |
| Catalyst Calendar | 8 | 5 | TON +3 | |
| BTC Alpha Potential | 3 | 4 | WLD +1 | |
| Team Execution | 7 | 5 | TON +2 | |
| Treasury Runway | 5 | 7 | WLD +2 |
Bars read outward from the centre: TON to the left, WLD 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
| TON | WLD | |
|---|---|---|
| Price | $1.42 | $0.5146 |
| Market cap | $4.02B | $1.96B |
| Circulating | 53.6% | 38% |
| Dilution to full supply | 1.86x | 2.63x |
| Off all-time high | -82.7% | -95.6% |
| To recover the high | 5.8x | 22.7x |
| Total value locked | $56.4M | not published |
| Network | TON | Ethereum |
TON now trades as GRAM. The scoring pass ran under the old ticker, so the scores above are filed there while the market figures track the new one.
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
TON · WATCH
GRAM rebrand Jun 15, TON Teleport BTC bridge, TON Pay 2.0, MTONGA steps 5-7, Stars-to-TON fiat onramp
Believers $61M/mo releases (27mo left), 1.08B frozen wallets unfreeze Feb 2027, Durov 12 charges, 85% whale concentration, zero protocol revenue
WLD · PASS
World App user growth; WLD as identity layer for AI agent verification
Only 16.5% circulating with huge team/investor releases; biometric data privacy lawsuits in EU/Korea; zero protocol revenue; FDV ~$3.1B
Common questions
- Is TON or WLD the better investment?
- On this framework TON scores higher: 110 against 89 of 250, and it is rated WATCH against PASS. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and TON still wins 14 of the 25 individual variables against WLD.
- What is the biggest difference between TON and WLD?
- Circulating / FDV Ratio. TON scores 4 of 10 there and WLD scores 1, a gap of 3 points on a single variable.
- Which is bigger, TON or WLD?
- TON is valued at $4.02B and WLD at $1.96B 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.