Monero (XMR)
Privacy-focused L1. Ring signatures + stealth addresses. Not on Binance/Coinbase.
Ranked 77th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
XMR scores 117 of 250 across the 25-variable framework, which places it 77th of 251 rated tokens and inside the upper half of the set. The framework verdict is WATCH.
XMR is a top-10 name in the set on 3 variables. The score rests on Competitive Moat 8/10, 5th of 251, Insider Selling 7/10, 8th of 251, Holder Concentration 5/10, 10th of 251 and BTC Alpha Potential 5/10, 13th of 251.
Against the same universe, XMR sits in the bottom third on Regulatory Safety 2/10, 247th of 251, Real Staking Yield 2/10, 199th of 251 and Institutional Adoption 2/10, 192nd of 251. These are the variables that would have to move for the verdict to change.
100% of eventual supply is already circulating, so vesting is not a live risk for XMR. Price has to be justified by demand rather than absorbed against a cliff.
XMR is 54.4% off its all-time high of $797.73, a 2.2x round trip from here.
The framework score gained 117 points against the previous pass (0 to 117). Revisions of this size follow a change in the underlying variables, not a change in price.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 3 | 98th of 251 | |
| Revenue Trend | 3 | 117th of 251 | |
| P/S Multiple | 5 | 38th of 251 | |
| Real Staking Yield | 2 | 199th of 251 |
Supply
| Supply Inflation | 5 | 61st of 251 | |
| Vesting Schedule | 8 | 21st of 251 | |
| Circulating / FDV Ratio | 8 | 27th of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 4 | 93rd of 251 | |
| Insider Selling | 7 | 8th of 251 | |
| Holder Concentration | 5 | 10th of 251 |
Traction
| TVL Trend | 3 | 111th of 251 | |
| Active Users | 5 | 38th of 251 | |
| Developer Activity | 6 | 33rd of 251 | |
| Network Growth | 4 | 100th of 251 |
Position
| Market Share | 7 | 20th of 251 | |
| Competitive Moat | 8 | 5th of 251 | |
| Institutional Adoption | 2 | 192nd of 251 | |
| Exchange Depth | 4 | 157th of 251 | |
| Social Mindshare | 5 | 41st of 251 |
Risk
| Regulatory Safety | 2 | 247th of 251 | |
| Catalyst Calendar | 3 | 158th of 251 | |
| BTC Alpha Potential | 5 | 13th of 251 | |
| Team Execution | 6 | 30th of 251 | |
| Treasury Runway | 5 | 74th of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Privacy demand post-BTC ETF; mandatory ring signatures upgrade in 2025
Principal risk
Global regulatory bans (e.g., UAE, Japan); exchange delistings reduce liquidity
Market and supply
| Price | $363.90 |
| Market cap | $6.84Brank 17 |
| All-time high | $797.7314 Jan 2026 |
| Circulating supply | 18,787,723 |
| Eventual supply (total supply) | 18,787,752 |
| Dilution to full supply | 1x |
| Listed on | Kraken, KuCoin, Huobi |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to XMR measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Common questions
- What is the Early Thunder score for Monero (XMR)?
- XMR scores 117 out of 250 on the 25-variable framework, ranking 77th of 251 rated tokens (upper half). The framework verdict is WATCH.
- What are XMR's strongest fundamentals?
- XMR ranks highest on Competitive Moat 8/10, 5th of 251, Insider Selling 7/10, 8th of 251, Holder Concentration 5/10, 10th of 251 and BTC Alpha Potential 5/10, 13th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the XMR thesis?
- XMR scores in the bottom third of the universe on Regulatory Safety 2/10, 247th of 251, Real Staking Yield 2/10, 199th of 251 and Institutional Adoption 2/10, 192nd of 251. The single risk carried on the scorecard is: Global regulatory bans (e.g., UAE, Japan); exchange delistings reduce liquidity
- How much XMR supply is still to enter circulation?
- 100% of eventual XMR supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is XMR from its all-time high?
- XMR trades 54.4% below its all-time high of $797.73. Returning to that high requires a 2.2x move from the level used in this scoring pass.
- Which tokens have a similar profile to XMR?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to XMR are CHZ (120), ZEC (101), RAD (97) and POOL (96). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for XMR?
- Privacy demand post-BTC ETF; mandatory ring signatures upgrade in 2025
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.