Is Payments outperforming Bitcoin, and is leadership broad?
Bottom line
WeFi ranks first for research priority in Payments crypto at 59.5/100, and its native activity proof is incomplete. The theme's 13-week excess versus Bitcoin is +0.6% on 9% breadth, which is what decides whether that lead is isolated or broad. 0 of the 13 assets here carry enough native evidence to move past a tape-led label.
These Payments coins are part of the cryptocurrency universe this site tracks daily — 894 of the top 1,000 crypto currency assets by market cap, priced from exchange closes and matched to protocol fees and revenue where a protocol publishes them.
The theme itself · before any single company
How has Payments moved against Bitcoin?
The line below covers 5 years. Over the most recent two of them this theme is 78% ahead of Bitcoin. Quarterly protocol revenue is not reported often enough here to draw a lane underneath the price. It has been ahead of Bitcoin on a rolling three-month view for 7 weeks running.
BREAKING OUT · ahead 7w·Price up, without the fundamentals confirming6 of 12 coins ahead of Bitcoin by 5% or more over three months
RS ↑7w · 0/12 >200d (+0) · 6/12 lead (+1) · EPS —
Payments, equal-weighted, based at 200Bitcoin, same base, same starttrailing 12-month protocol revenue risingfalling
Strength anatomyBroadening down the ladderHow much of the theme is participating, how recently, and whether the movers score well.
Together6 of 12 coins moving
Fresh2 crossed in the last 4 weeks
Down the cap ladder — bar is now, tick is four weeks ago
Large2/3−1
Mid2/4+1
Small2/5+1
Participation is spreading downward — the mid and small companies added more this month than the large ones did.
Both lines start at 200 in the same week, so the distance between them is the whole story: the theme line is an equal-weighted index of its 12 coins. The bars underneath are trailing 12-month protocol revenue, one bar per reported quarter, each member rebased to 100 at the start and the theme taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while protocol revenue grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
RISK OFF market context
Payments vs Bitcoin — Relative Strength & Breadth
Payments crypto has outperformed Bitcoin by 15.1% over 52 weeks on an equal-weight index of current members. Over 13 weeks the figure is +0.6%. 1 of 11 covered assets are above their own 200-day average. RealLink leads Bitcoin-relative strength at +46.3%. Price readings are as of 2026-07-24.
+0.6%13w vs BTC
+15%52w vs BTC
1/11Above 200-DMA
REALRS leader · +46%
Assets
13
canonical functional membership
Activity-covered
0/13
enough native evidence
Top score
59.5/100
WeFi
Calendar quarters
20
complete; missing stays missing
Global asset selection · top 20 shown
00 · exact additive research priority
4-Factor Crypto Evidence Score
A within-theme research-priority score for the 13 assets in Payments, out of 100. The four displayed point contributions add exactly to the total, and the market regime changes the action label, never the arithmetic. WeFi is highest at 59.5/100 on 50% evidence. It ranks research attention, not portfolio action.
WeFi leads the current research queue at 59.5/100 with 50% evidence.
0/13 assets have enough native activity evidence to move beyond a tape-led label.
Missing native metrics are not scored as zero and are not silently reweighted. They pull only the affected factor toward neutral and lower its visible evidence percentage.
1. WeFi · WFI
59.5/100 · Illiquid · research only · 50% evidence
Exact sum: 24.4 + 15.0 + 10.0 + 10.1 = 59.5
Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.
Stable leads Payments crypto on Quarter-end TVL at $27.2M, 3385% ahead of Amp. 0 of 1 asset with comparable change data are growing. Coverage is 3 of the 13 assets in this theme, through the Q2 2026 calendar quarter. Where a project publishes nothing, the cell stays blank rather than being read as zero.
LeaderStable · $27.2M
Gap3385% versus #2
Persistence0 assets have positive comparable growth
Coverage3/13 assets
Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture.
This conclusion weakens if: TVL rises while fees and users fall; that pattern can be incentive-funded mercenary liquidity.
Quarter-end TVL uses protocol TVL first for protocol assets and exact-ID chain TVL for chain assets or where protocol TVL is unavailable. A blank is unavailable, not zero. Growth compares with the same complete quarter one year earlier.
Quarter-end TVLtop five
1Stable STABLE$27.2M
2Amp AMP$779.1K
3Telcoin TEL$0
TVL growthtop five
1Amp AMP-97%
Total value locked · asset comparison
3/13 level · 1/13 change
Latest comparable data · top 20 shown first
Asset
Quarter-end TVL
TVL growth
wefi
—
—
huma-finance
—
—
reallink
—
—
scandic-coin
—
—
stable-2
$27.2M
—
swop-2
—
—
ultima
—
—
nano
—
—
ai-analysis-token
—
—
telcoin
$0
—
request-network
—
—
bitdca
—
—
amp-token
$779.1K
-97%
02 · let price answer last
Which assets lead on price and relative strength?
RealLink leads the Payments tape on Bitcoin-relative strength at +46% over 90 days. 1 of 11 covered assets are above their own 200-day average. Price shows what happened; BTC-relative strength shows whether the asset beat crypto’s opportunity-cost benchmark. Both lines run through 2026-07-24.
Complete set · no silent drops
Which assets are in Payments?
13 priced assets are assigned to Payments, listed below by rank with every one visible — including tape-only names that publish no protocol activity. Each asset has exactly one canonical functional theme, chosen by a specific-to-general first match on its categories. Pegged, wrapped, liquid-staking receipt and tokenized-asset instruments are excluded because they have no independent price discovery.
Rank
Asset
Price
90d
RS-BTC
200-DMA
30d vol
Median volume
Price quality
Activity source
Score
Evidence
1
WeFi WFI
$2.13
+3.6%
+21%
Below
17%
$1.5M
usable
tape only
59.5
50%
2
Huma Finance HUMA
$0.0216
-16%
+1.3%
Above
98%
$7.9M
usable
tape only
57.4
50%
3
RealLink REAL
$0.0049
+29%
+46%
Below
35%
$0
usable
tape only
53.0
50%
4
Scandic Coin SNC
$0.0224
-4.0%
+13%
Below
30%
$218.0K
usable
tape only
53.0
50%
5
Stable STABLE
—
—
—
—
—
—
usable
chain TVL
50.0
0%
6
Swop SWOP
—
—
—
—
—
—
usable
tape only
50.0
0%
7
Ultima ULTIMA
$2,242.06
-27%
-9.4%
Below
125%
$14.6M
usable
tape only
48.9
50%
8
Nano XNO
$0.4156
-23%
-5.6%
Below
187%
$137.9K
usable
tape only
44.3
50%
9
AI Analysis Token AIAT
$0.2304
-22%
-4.9%
Below
70%
$368.5K
usable
tape only
42.5
50%
10
Telcoin TEL
$0.0017
-21%
-3.4%
Below
56%
$933.3K
usable
protocol
40.4
50%
11
Request REQ
$0.0489
-35%
-17%
Below
38%
$1.6M
usable
tape only
37.4
50%
12
BitDCA BDCA
$0.4985
-28%
-10%
Below
60%
$193.6K
usable
tape only
35.1
50%
13
Amp AMP
$0.0004
-53%
-35%
Below
25%
$3.2M
usable
protocol
33.6
55%
Methodology · boundaries make the answer useful
What can make this comparison misleading?
This Payments comparison names 5 ways its own evidence can mislead, all listed below. The largest is that crypto network activity is not company earnings: protocol revenue does not automatically accrue to token holders. Coverage is also uneven — 0 of 13 assets carry enough native evidence to rank on more than price.
Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders.
Market-cap values are a dated universe snapshot, not point-in-time historical supply data.
Current category labels are applied to historical prices; this creates survivorship and taxonomy hindsight.
Funding rates, open interest, liquidations, exchange flows, unlock schedules, historical circulating supply and developer activity are not held and are not inferred.
Equal weighting is used for sector history because true historical market-cap weights are unavailable.
Price and technicalsThrough 2026-07-24. Five-year weekly observations benchmarked to Bitcoin.
Protocol activityThrough 2026-07-24. Fees, revenue, protocol TVL and DEX volume.
Chain activityUsers and transactions through unavailable; separately sourced chain TVL through 2026-07-24.
Market capSnapshot dated 2026-07-04; no historical supply series is implied.
Questions the page should answer directly
Crypto analysis FAQs
These 15 answers cover the questions this page can settle from data it holds — what the category is, how the score is built, what the coverage gaps are, and what would change the read. Every answer below is also present in the page’s FAQ schema and in its plain-text rendition. None of them is a recommendation.
What is Payments crypto?
Payments crypto refers to cryptocurrency projects grouped by what they actually do rather than by market fashion. This page tracks 13 such coins by market cap, price and Bitcoin-relative strength, with protocol fees and revenue where a project publishes them. Readings are as of 2026-07-24.
What is the total market cap of Payments crypto coins?
The Payments coins on this page are tracked against a universe of 894 of the top 1,000 crypto currency assets by market cap. Market-cap metadata is dated 2026-07-04, separately from the price series, and each coin's own figure is in the table on this page.
Are Payments crypto coins outperforming Bitcoin?
Payments has returned +15.1% versus Bitcoin over 52 weeks and +0.6% over 13 weeks on an equal-weight current-member index. 1/11 covered assets are above their 200-day averages as of 2026-07-24.
Which Payments asset has the strongest research score?
WeFi ranks first at 59.5/100: 24.4 + 15.0 + 10.0 + 10.1 = 59.5. It is labelled “Illiquid · research only” with 50% overall evidence and 0% native-economics evidence.
How is the Payments 4-factor score calculated?
The exact sum is Market leadership /35 + Network and economic traction /30 + Value capture /20 + Liquidity and downside risk /15. Missing data pulls only the affected factor toward neutral and lowers evidence; it is never silently reweighted.
Why can a Payments asset be labelled tape-led?
Tape-led means price and relative-strength evidence exists but less than half of the native traction and value-capture evidence is available. Such assets remain visible but rank below fully evidenced assets.
Does protocol revenue accrue to the token?
Not necessarily. Protocol fees and revenue measure network economics; token-holder value depends on the protocol’s burn, buyback, staking, distribution and governance rules. This page never assumes accrual merely because revenue exists.
Does crypto have a P/E or PEG ratio?
No comparable company-style P/E or PEG is used. Where coverage permits, the page shows network fee yield and protocol-revenue yield against a dated market-cap snapshot, with an explicit token-accrual caveat.
How much history is shown for Payments?
The page shows five years of weekly price and relative-strength history and 20 complete calendar quarters of on-chain activity where available. Missing periods remain gaps.
Why do the crypto data dates differ?
Prices and technical metrics run through 2026-07-24; protocol activity through 2026-07-24; chain users and transactions through the latest available chain date; chain TVL through 2026-07-24; market capitalisation is a separate snapshot dated 2026-07-04.
Are stablecoins and wrapped tokens included in Payments?
No. Pegged, wrapped, liquid-staking receipt and tokenized-asset instruments are excluded because they do not have independent price discovery.
Can one token appear in multiple raw crypto categories?
Yes, but public MLA pages assign each asset to exactly one functional theme using a specific-to-general first-match taxonomy. Payments therefore has one canonical membership list.
What would invalidate the current Payments theme read?
The read weakens if the sector’s 13-week relative return versus Bitcoin falls below zero, fewer than one-third of covered assets remain above the 200-day average, and the leading asset’s native activity also contracts.
Does this page include funding rates, open interest or token unlocks?
No. Those datasets are not held in the current research store, so the page names them as unavailable rather than inferring them from price.
Where is capital actually committed on-chain?
Stable leads Payments crypto on Quarter-end TVL at $27.2M, 3385% ahead of Amp. 0 of 1 asset with comparable change data are growing. Coverage is 3 of the 13 assets in this theme, through the Q2 2026 calendar quarter. Where a project publishes nothing, the cell stays blank rather than being read as zero. Investor read: Use this as a network-economics research lead, not token-holder earnings. Verify whether the measured activity accrues to the token before treating scale as value capture. This conclusion weakens if TVL rises while fees and users fall; that pattern can be incentive-funded mercenary liquidity.