Horizen Alternatives: Similar L1 Protocols Compared

Horizen carries a risk grade of B- (30/100) and ranks #17 of 56 rated L1 protocols. Below are 55 L1 protocols ranked by safety — from safest to riskiest. 16 of these protocols score lower (safer) than Horizen, and 39 score higher (riskier).

The single safest alternative is Algorand (A-, 15/100 — 15 points safer than Horizen). See the Horizen vs Algorand comparison to weigh the tradeoffs.

Current Protocol

Horizen

Risk

B-

Value

C-

TVL

—

Safety analysis →Investment analysis →

AlternativeRiskValueTVL

AlgorandSafer

A-

C-

$80M

EthereumSafer

B+

A-

$46.1B

PolkadotSafer

$300M

StellarSafer

$16M

BitcoinSafer

A-

—

Cosmos HubSafer

C-

$138,000

DogecoinSafer

—

DashSafer

D+

—

AptosSafer

C+

$334M

ArweaveSafer

C-

$15M

Bitcoin CashSafer

—

CardanoSafer

B-

$134M

DoubleZeroSafer

B-

$300M

FilecoinSafer

B-

$102M

CelestiaSafer

B-

D+

—

XRP LedgerSafer

B-

C-

$48M

Avalanche

B-

$658M

Dymension

B-

—

Kaspa

B-

—

Tron

B-

C+

$5.1B

Zcash

B-

C-

—

Litecoin

B-

C+

—

Mina Protocol

B-

D-

—

Neo

B-

D+

$50M

Bitcoin SV

B-

C-

—

Conflux

B-

$30M

Particle Network

B-

$50M

Polygon PoS

B-

C+

$1.2B

NEAR Protocol

B-

$165M

Ronin Network

B-

$4M

Ethereum Classic

B-

—

Internet Computer

B-

C-

$69M

IOTA

B-

D-

$10M

Hedera

C+

$60M

Sei

C+

D+

$49M

Sonic Labs

C+

C-

$300M

Story Protocol

C+

C-

$8M

TON

C+

C-

$58M

Solana

C+

B-

$6.2B

BNB Chain

C+

$5.0B

Monero

C+

B-

—

Worldcoin

C+

$89M

Fantom

C+

$4M

Sui

C+

$563M

Berachain

$125M

Monad

D+

$288M

Initia

C+

$65M

Quai Network

$25M

Tempo

—

Chiliz Chain

C+

$72M

Canto

C-

$5M

Flare Network

C-

C+

$85M

Bittensor

C-

B-

—

Mantra Chain

C-

$6,000

Aster

D+

$557M

Is Horizen safe?Is Horizen a good investment?Horizen risk profile →