# Taiko (TAIKO) — crypto price, market cap and strength versus Bitcoin > Taiko trades at $0.0719 with a market capitalisation of $23.9M (rank 749). Over 90 days it is -17.3% against Bitcoin and sits below its 200-day average. Layer 2 as a theme is -11.4% against Bitcoin over 13 weeks. Price readings run through 2026-07-31. ## Agent research brief - What this coin is: Taiko (TAIKO), a Layer 2 token of $23.9M at market-cap rank 749. On-chain activity is sourced from chain + protocol + chain TVL. - What the tape says: -17.3% versus Bitcoin over 90 days; below its 200-day average. Layer 2 as a theme is -11.4% against Bitcoin over 13 weeks. - What the evidence supports: 33.6/100 inside Layer 2 on 94% evidence (88% of it native activity). Cheap on network economics while activity contracts: investigate value-capture trap risk. - What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Taiko does publish network fees, protocol revenue, total value locked, active addresses, transactions. Theme: Layer 2 (/mla/crypto/sector/layer-2). Price 2026-07-31; market-cap snapshot 2026-07-04. ## Price, returns and risk Taiko is -83.3% over one year, -37.4% over 90 days and -80% over 30 days. Annualised 30-day volatility is 357%. Its deepest fall from a high inside the last 90 days is 82%. It trades below its 200-day average, which is falling. - Price: $0.0719 - Market cap: $23.9M (rank 749) - Returns: 7d -13%; 30d -80%; 90d -37%; 180d -50%; 1y -83% - RS versus Bitcoin, 90d: -17% - 30-day volatility: 357% annualised; deepest 90-day fall 82% - 200-day average: $0.1150, trading below it ## Protocol economics Taiko publishes 5 of the six network-economics series this site tracks: network fees, protocol revenue, total value locked, active addresses, transactions. Network fees over the last four complete quarters is $479.9K. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter. - Network fees: trailing four quarters $479.9K; change -92%; covered 8/20 quarters - Protocol revenue: trailing four quarters $166.3K; change —; covered 8/20 quarters - Total value locked: latest quarter $2.5M; change -99%; covered 9/20 quarters - Active addresses: latest quarter 3,454; change -98%; covered 8/20 quarters - Transactions: trailing four quarters 79,010,414; change -90%; covered 8/20 quarters ## Research score Taiko: 33.6/100 — Lagging · market gate closed; 8.2 + 3.1 + 14.2 + 8.1 = 33.6; evidence 94%; native evidence 88%; rank 30 of 33 rated Layer 2 coins Decision use: Cheap on network economics while activity contracts: investigate value-capture trap risk. This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters. No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built. ## Layer 2 scorecard Taiko is one of 48 Layer 2 coins here, 33 of which carry enough evidence to be rated and ranked. Taiko ranks 30 of those 33 on 94% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked. - 1. POL (ex-MATIC) (POL): score 69.5; evidence 62%; Illiquid · research only - 2. COTI (COTI): score 64.1; evidence 55%; Illiquid · research only - 3. Capx AI (CAPX): score 56.2; evidence 50%; Illiquid · research only - 4. Prom (PROM): score 55.8; evidence 55%; Illiquid · research only - 5. Celo (CELO): score 54.2; evidence 90%; Illiquid · research only - 6. Aztec (AZTEC): score 53.1; evidence 43%; Illiquid · research only - 7. Linea (LINEA): score 50.7; evidence 100%; Mixed · market gate closed - 8. MegaETH (MEGA): score 49.9; evidence 12%; Illiquid · research only - 9. Sophon (SOPH): score 48.9; evidence 55%; Illiquid · research only - 10. AltLayer (ALT): score 48.2; evidence 12%; Illiquid · research only - 11. BSquared Network (B2): score 48.1; evidence 55%; Tape-led · on-chain proof incomplete - 12. Immutable (IMX): score 48; evidence 17%; Illiquid · research only - 13. OpenLedger (OPEN): score 47.9; evidence 12%; Illiquid · research only - 14. Stacks (STX): score 47.5; evidence 17%; Illiquid · research only - 15. Aevo (AEVO): score 47.3; evidence 50%; Illiquid · research only - 16. Treasure (MAGIC): score 47.3; evidence 12%; Illiquid · research only - 17. Optimism (OP): score 44.7; evidence 100%; Lagging · market gate closed - 18. Metal DAO (MTL): score 44.4; evidence 50%; Illiquid · research only - 19. Cartesi (CTSI): score 41.8; evidence 50%; Illiquid · research only - 20. Mantle (MNT): score 41.7; evidence 64%; Illiquid · research only - 21. ZKsync (ZK): score 41.1; evidence 62%; Illiquid · research only - 22. Loopring (LRC): score 40.5; evidence 55%; Illiquid · research only - 23. PHALA (PHA): score 39.5; evidence 50%; Tape-led · on-chain proof incomplete - 24. Status (SNT): score 38; evidence 50%; Illiquid · research only - 25. Nervos Network (CKB): score 36.8; evidence 50%; Illiquid · research only - 26. Manta Network (MANTA): score 36.3; evidence 100%; Lagging · market gate closed - 27. Lumia (LUMIA): score 36.2; evidence 50%; Illiquid · research only - 28. Orderly (ORDER): score 35.6; evidence 55%; Illiquid · research only - 29. Merlin Chain (MERL): score 34.2; evidence 55%; Illiquid · research only - 30. Taiko (TAIKO) [this coin]: score 33.6; evidence 94%; Lagging · market gate closed - 31. Metis (METIS): score 31.9; evidence 84%; Illiquid · research only - 32. Islamic Coin (ISLM): score 24.1; evidence 55%; Illiquid · research only - 33. Lisk (LSK): score 21.3; evidence 100%; Illiquid · research only ## Limitations - Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders. - Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag. - No valuation band exists for any coin: historical market capitalisation is not held at all. - Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred. - The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal. ## FAQs ### What is Taiko (TAIKO)? Taiko is a Layer 2 cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from chain + protocol + chain TVL. It is one of 48 Layer 2 coins on this site. Readings are as of 2026-07-31. ### What is the market cap of Taiko? Taiko's market capitalisation is $23.9M, ranking it 749 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above. ### Is Taiko beating Bitcoin? Taiko is -17.3% against Bitcoin over 90 days, and its own theme, Layer 2, is -11.4% over 13 weeks. It trades below its 200-day average as of 2026-07-31. ### Does Taiko have a P/E ratio? No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead. ### What is Taiko's research score? 33.6/100 within Layer 2, ranked 30 of 33 rated Layer 2 coins, on 94% evidence: 8.2 + 3.1 + 14.2 + 8.1 = 33.6. It is labelled “Lagging · market gate closed”. The score ranks research attention inside one theme, never portfolio action. ### How much Taiko history does this page show? Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Taiko actually publishes. Here that is network fees, protocol revenue, total value locked, active addresses, transactions. ### Does Taiko generate network fees? Taiko's trailing twelve-month network fees is $479.9K, down 92.4% on the year-earlier period. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.