Sector Alpha Week of 2026-07-24
Five-year price · 20 complete calendar quarters · BTC-relative

Wallets Crypto Coins

Is Wallets outperforming Bitcoin, and is leadership broad?

Bottom line

ViciCoin ranks first for research priority in Wallets crypto at 56.3/100, and its native activity proof is incomplete. The theme's 13-week excess versus Bitcoin is -15.2% on 0% breadth, which is what decides whether that lead is isolated or broad. 0 of the 10 assets here carry enough native evidence to move past a tape-led label.

These Wallets 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 Wallets moved against Bitcoin?

The line below covers 5 years. Over the most recent two of them this theme is 26% ahead of Bitcoin. Protocol revenue across its protocols fell 28% on average over the last four reported quarters.

ASLEEP · 1y +31.9%·Price up, without the fundamentals confirming4 of 8 coins ahead of Bitcoin by 5% or more over three months

RS — · 1/7 >200d (+0) · 4/8 lead (+0) · EPS —

50100200500Mon Mon Mon Mon Mon 485271
50100200500Mon Mon Mon Mon Mon 485271
Wallets, equal-weighted, based at 200 Bitcoin, same base, same start trailing 12-month protocol revenue rising falling
Strength anatomy Broadening down the ladderHow much of the theme is participating, how recently, and whether the movers score well.
Together4 of 8 coins moving
Fresh2 crossed in the last 4 weeks
Down the cap ladder — bar is now, tick is four weeks ago
Large 0/2−1
Mid 2/3+1
Small 2/30

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 8 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

Wallets vs Bitcoin — Relative Strength & Breadth

Wallets crypto has outperformed Bitcoin by 17.7% over 52 weeks on an equal-weight index of current members. Over 13 weeks the figure is -15.2%. 0 of 6 covered assets are above their own 200-day average. ViciCoin leads Bitcoin-relative strength at +10.6%. Price readings are as of 2026-07-24.

-15%13w vs BTC
+18%52w vs BTC
0/6Above 200-DMA
VCNTRS leader · +11%
Assets
10
canonical functional membership
Activity-covered
0/10
enough native evidence
Top score
56.3/100
ViciCoin
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 10 assets in Wallets, out of 100. The four displayed point contributions add exactly to the total, and the market regime changes the action label, never the arithmetic. ViciCoin is highest at 56.3/100 on 50% evidence. It ranks research attention, not portfolio action.

Market leadership · 35Network & economic traction · 30Value capture · 20Liquidity & downside risk · 15
ViciCoin leads the current research queue at 56.3/100 with 50% evidence.
0/10 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. ViciCoin · VCNT

56.3/100 · Illiquid · research only · 50% evidence

Exact sum: 23.4 + 15.0 + 10.0 + 7.9 = 56.3

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

23.4/35Market leadership

RS-BTC 10.6 pp · RS-sector 0.4 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

7.9/15Liquidity & downside risk

30d median volume $93,790 · vol 33.8%

100% evidence

2. Kaspa · KAS

55.4/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 17.3 + 15.0 + 10.0 + 13.1 = 55.4

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

17.3/35Market leadership

RS-BTC -0.3 pp · RS-sector 0 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

13.1/15Liquidity & downside risk

30d median volume $8,732,586 · vol 47.4%

100% evidence

3. Trust Wallet · TWT

51.1/100 · Tape-led · on-chain proof incomplete · 50% evidence

Exact sum: 14.2 + 15.0 + 10.0 + 11.9 = 51.1

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

14.2/35Market leadership

RS-BTC -8 pp · RS-sector 0 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

11.9/15Liquidity & downside risk

30d median volume $6,944,377 · vol 40.3%

100% evidence

4. EXOD · EXOD

50.0/100 · Tape-led · on-chain proof incomplete · 0% evidence

Exact sum: 17.5 + 15.0 + 10.0 + 7.5 = 50.0

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

17.5/35Market leadership

RS-BTC — · RS-sector — · 200-DMA —

0% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

7.5/15Liquidity & downside risk

30d median volume — · vol —

0% evidence

5. UnityWallet Token · UNT

50.0/100 · Tape-led · on-chain proof incomplete · 0% evidence

Exact sum: 17.5 + 15.0 + 10.0 + 7.5 = 50.0

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

17.5/35Market leadership

RS-BTC — · RS-sector — · 200-DMA —

0% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

7.5/15Liquidity & downside risk

30d median volume — · vol —

0% evidence

6. TokenPocket Token · TPT

41.4/100 · Illiquid · research only · 55% evidence

Exact sum: 13.2 + 13.0 + 10.0 + 5.2 = 41.4

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

13.2/35Market leadership

RS-BTC -8.6 pp · RS-sector 0.5 pp · 200-DMA below

100% evidence

13.0/30Network & economic traction

Fees — · revenue — · users —

17% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

5.2/15Liquidity & downside risk

30d median volume $36,273 · vol 42.1%

100% evidence

7. Safe · SAFE

39.5/100 · Illiquid · research only · 31% evidence

Exact sum: 17.5 + 9.9 + 10.0 + 2.1 = 39.5

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

17.5/35Market leadership

RS-BTC — · RS-sector — · 200-DMA —

0% evidence

9.9/30Network & economic traction

Fees -27.5% · revenue -27.5% · users —

53% evidence

10.0/20Value capture

Fee yield 2.08% · revenue yield 2.08%

15% evidence

2.1/15Liquidity & downside risk

30d median volume $0 · vol —

80% evidence

8. SafePal · SFP

38.1/100 · Illiquid · research only · 50% evidence

Exact sum: 6.6 + 15.0 + 10.0 + 6.5 = 38.1

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

6.6/35Market leadership

RS-BTC -15.8 pp · RS-sector -0.2 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

6.5/15Liquidity & downside risk

30d median volume $2,621,187 · vol 49.8%

100% evidence

9. TRIA · TRIA

37.9/100 · Tape-led · on-chain proof incomplete · 43% evidence

Exact sum: 6.3 + 15.0 + 10.0 + 6.6 = 37.9

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

6.3/35Market leadership

RS-BTC -58.6 pp · RS-sector -60.5 pp · 200-DMA —

80% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

6.6/15Liquidity & downside risk

30d median volume $6,350,956 · vol 287.3%

100% evidence

10. Pundi X · PUNDIX

33.8/100 · Illiquid · research only · 50% evidence

Exact sum: 3.8 + 15.0 + 10.0 + 5.0 = 33.8

Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority.

3.8/35Market leadership

RS-BTC -28.4 pp · RS-sector -8.8 pp · 200-DMA below

100% evidence

15.0/30Network & economic traction

Fees — · revenue — · users —

0% evidence

10.0/20Value capture

Fee yield — · revenue yield —

0% evidence

5.0/15Liquidity & downside risk

30d median volume $1,645,901 · vol 97.4%

100% evidence

01 · complete calendar-quarter evidence

Which projects are generating the most network fees?

Safe leads Wallets crypto on Trailing 12-month fees at $1.5M. 0 of 1 asset with comparable change data are growing. Coverage is 1 of the 10 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.

LeaderSafe · $1.5M
GapNot comparable
Persistence0 assets have positive comparable growth
Coverage1/10 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: fee growth turns negative across two complete calendar quarters or fee coverage falls below the stated threshold.

Trailing 12-month fees is the sum of the latest four complete calendar quarters. Growth compares that sum with the prior four-quarter sum.
Trailing 12-month feestop five
1Safe SAFE$1.5M
Fee growthtop five
1Safe SAFE-28%
Network fees · asset comparison
1/10 level · 1/10 change
Latest comparable data · top 20 shown first
AssetTrailing 12-month feesFee growth
vicicoin
kaspa
trust-wallet-token
exod
unitywallet-token
token-pocket
safe$110.5K-28%
safepal
tria
pundi-x-2
02 · complete calendar-quarter evidence

Which projects convert activity into protocol revenue?

Safe leads Wallets crypto on Trailing 12-month revenue at $1.5M. 0 of 1 asset with comparable change data are growing. Coverage is 1 of the 10 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.

LeaderSafe · $1.5M
GapNot comparable
Persistence0 assets have positive comparable growth
Coverage1/10 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: revenue growth turns negative or the revenue-to-fees take rate falls for two complete calendar quarters.

Trailing 12-month revenue is the sum of the latest four complete calendar quarters. Growth compares that sum with the prior four-quarter sum.
Trailing 12-month revenuetop five
1Safe SAFE$1.5M
Revenue growthtop five
1Safe SAFE-28%
Protocol revenue · asset comparison
1/10 level · 1/10 change
Latest comparable data · top 20 shown first
AssetTrailing 12-month revenueRevenue growth
vicicoin
kaspa
trust-wallet-token
exod
unitywallet-token
token-pocket
safe$110.5K-28%
safepal
tria
pundi-x-2
03 · complete calendar-quarter evidence

Where is capital actually committed on-chain?

TokenPocket Token leads Wallets crypto on Quarter-end TVL at $158.9K. 0 of 1 asset with comparable change data are growing. Coverage is 2 of the 10 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.

LeaderTokenPocket Token · $158.9K
GapNot comparable
Persistence0 assets have positive comparable growth
Coverage2/10 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
1TokenPocket Token TPT$158.9K
2Safe SAFE$0
TVL growthtop five
1TokenPocket Token TPT-37%
Total value locked · asset comparison
2/10 level · 1/10 change
Latest comparable data · top 20 shown first
AssetQuarter-end TVLTVL growth
vicicoin
kaspa
trust-wallet-token
exod
unitywallet-token
token-pocket$158.9K-37%
safe$0
safepal
tria
pundi-x-2
04 · let price answer last

Which assets lead on price and relative strength?

ViciCoin leads the Wallets tape on Bitcoin-relative strength at +11% over 90 days. 0 of 6 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 Wallets?

10 priced assets are assigned to Wallets, 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.

RankAssetPrice90dRS-BTC200-DMA30d volMedian volumePrice qualityActivity sourceScoreEvidence
1ViciCoin VCNT$16.33-6.9%+11%Below34%$93.8Kusabletape only56.350%
2Kaspa KAS$0.0277-18%-0.3%Below47%$8.7Musabletape only55.450%
3Trust Wallet TWT$0.3314-25%-8.0%Below40%$6.9Musabletape only51.150%
4EXOD EXODusabletape only50.00%
5UnityWallet Token UNTusabletape only50.00%
6TokenPocket Token TPT$0.0056-26%-8.6%Below42%$36.3Kusableprotocol41.455%
7Safe SAFE$0.0573$0usableprotocol39.531%
8SafePal SFP$0.2150-33%-16%Below50%$2.6Musabletape only38.150%
9TRIA TRIA$0.0087-76%-59%287%$6.4Musabletape only37.943%
10Pundi X PUNDIX$0.0811-46%-28%Below97%$1.6Musabletape only33.850%
Methodology · boundaries make the answer useful

What can make this comparison misleading?

This Wallets 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 10 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 unavailable.
Market capSnapshot dated 2026-07-04; no historical supply series is implied.
Questions the page should answer directly

Crypto analysis FAQs

These 18 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 Wallets crypto?

Wallets crypto refers to cryptocurrency projects grouped by what they actually do rather than by market fashion. This page tracks 10 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 Wallets crypto coins?

The Wallets 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 Wallets crypto coins outperforming Bitcoin?

Wallets has returned +17.7% versus Bitcoin over 52 weeks and -15.2% over 13 weeks on an equal-weight current-member index. 0/6 covered assets are above their 200-day averages as of 2026-07-24.

Which Wallets asset has the strongest research score?

ViciCoin ranks first at 56.3/100: 23.4 + 15.0 + 10.0 + 7.9 = 56.3. It is labelled “Illiquid · research only” with 50% overall evidence and 0% native-economics evidence.

How is the Wallets 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 Wallets 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 Wallets?

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 the latest available chain-TVL date; market capitalisation is a separate snapshot dated 2026-07-04.

Are stablecoins and wrapped tokens included in Wallets?

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. Wallets therefore has one canonical membership list.

What would invalidate the current Wallets 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.

Which projects are generating the most network fees?

Safe leads Wallets crypto on Trailing 12-month fees at $1.5M. 0 of 1 asset with comparable change data are growing. Coverage is 1 of the 10 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 fee growth turns negative across two complete calendar quarters or fee coverage falls below the stated threshold.

Which projects convert activity into protocol revenue?

Safe leads Wallets crypto on Trailing 12-month revenue at $1.5M. 0 of 1 asset with comparable change data are growing. Coverage is 1 of the 10 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 revenue growth turns negative or the revenue-to-fees take rate falls for two complete calendar quarters.

Where is capital actually committed on-chain?

TokenPocket Token leads Wallets crypto on Quarter-end TVL at $158.9K. 0 of 1 asset with comparable change data are growing. Coverage is 2 of the 10 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.

Which Wallets project has the largest fee base?

Safe leads covered trailing-12-month fees at $1.5M. Coverage is 1/10; this is network activity, not automatically token-holder income.

Chat with this page