CAS Logo CoinAdoptionScore®

The 1st real-world crypto adoption tracker
Because adoption matters more than speculation

-
Total local merchants in the world
💡 Merchant count excludes Automatic Teller Machines (ATMs) - Data from OpenStreetMap & CoinMarketCap
Local merchants accepting cryptocurrencies

Crypto adoption in action 💫

Complete 1
Complete 2
# Name Map CAS Score®
i
Coin Adoption Score® Formula:
Merchant Count ÷ (Market Cap in billions)

Raw adoption metric:
Shows the actual number of merchants per billion $ of market cap

Higher score = More real-world adoption relative to market valuation
Privacy🕶️
i
Privacy by Default
✔️ = Anonymous transactions by default
❕ = Privacy tech available (optional)
❌ = Transparent blockchain (all public)
Merchant Count (w/o ATMs) Change 3 months (av.) Merchants Timeline Volume Est. tx/day CMC Rank Market Cap Sovereignty
i
Current Sovereignty Score (Nov. 2025)
A = Fully sovereign and decentralized
B = Good sovereignty with minor issues
C = Moderate centralization concerns
D = Significant control by entities
E = Fully controlled/centralized

Based on mining, governance, and external control factors
Value Score
i
Value Score Formula:
Merchants Count ÷ Market Cap (in billions)

Interpretation:
• 80-100: Excellent adoption vs valuation
• 60-79: Good fundamental value
• 40-59: Average balance
• 0-39: Potentially overvalued

Higher score = Better real-world adoption relative to market speculation
Last update: -

Bitcoin Adoption Evolution (2017-2025)

Source: OpenStreetMap data
Merchant count excludes Automatic Teller Machines (ATMs)

Why Only These 15-20 Cryptocurrencies?

We seek resilience against state and institutional pressure, highlighting the few cryptocurrencies that have a chance to resist CBDCs (Central Bank Digital Currencies).

Out of 10,000+ cryptocurrencies, 99% are private company projects where the blockchain is merely a pretext for enriching a company or group of individuals: no sovereignty, these projects are dead ends and easily submit to state demands. Example: Tether freezes any USDT transaction or wallet that the CIA requests, even if there are millions on it, without warning, unilaterally.

🛡️ Sovereignty Criteria

From the remaining 1%, we consider that PoW or PoW+PoS cryptocurrencies (with fair launch) are most capable of resisting centralization. In contrast, PoS cryptos are merely plutocracies where the richest have the most control again.

🔓 Open Source Requirement

Sovereignty means everything is 100% open source, and that every citizen who wishes can participate in the network, without opinion filtering or financial capacity requirements.

🕶️ Privacy by Default

We make a clear distinction between fungible and therefore untraceable cryptocurrencies by default, as money should be (like cash), versus hyper-traceable cryptocurrencies by default.

⚖️ Use Case Distinction

Even if some offer optional anonymization/mixing, traceable cryptos are more intended for use by our democratic representatives for whom we want to trace the use of our taxes.

The 2021 Canadian Freedom Convoy crypto fundraising example proved it: As long as the technology used is not untraceable by default, both donors AND recipients are in danger because there's always someone who will forget or fail their mixing/shielding/channel to avoid tracing. With the banking and real estate seizure blackmail by the government that followed a few days later...

🏛️
CAI (Autonomous & Independent Crypto)
Bitcoin, Litecoin, etc.
For institutional transparency
👨‍👩‍👧‍👦
CAI² (Autonomous, Independent, Anonymous & Untraceable)
Monero, Dero
For citizen privacy

If we combine: CAI² fungible for citizens, and CAI traceable for our elected representatives, then we have an efficient financial system while preserving the privacy and therefore the security of its citizens.

Idea, Remark, Suggestion?
Contact Matrix: #coinadoptionscore:matrix.org
Contact Twitter/X: x.com/Bank_Exit
CoinAdoptionScore Logo