Summary

Ethereum's market position, currently ranked #2 by market cap, places it among the more established names in the Layer 1 category, which supports a stronger fundamentals score. On-chain health is a weaker pillar for Ethereum right now: 24h volume sits at only about 1.3% of market cap, which can mean wider spreads and choppier price action.

Momentum has cooled, with price down -1.9% over the trailing 7 days. The risk pillar is holding up reasonably well, with 24h price action of +0.5% that doesn't suggest acute stress.

What's working

The composite grade of A puts Ethereum at the 97th percentile of the rated universe on a weighted blend of fundamentals (35%), on-chain health (25%), momentum (20%), and inverted risk (20%). See the Methodology page for how each pillar is defined.

Watch items

• 24h price movement of +0.5% is within a typical range for this category.
• Trading volume is thin relative to market cap (1.3%), which can amplify price moves in either direction.
• 7-day trend is negative (-1.9%); price has pulled back over the past week.

How this grade was built

Every Antelux grade is mechanical: no analyst overrides. Each pillar below shows the exact measured input, and its score is a percentile rank against the other rated coins on that measure, so 90 means it beats 90% of the universe rather than scoring 90 out of 100. Full methodology, weightings, and grade bands are on the Methodology page.