To find out which are the most and least stable cryptocurrencies, we compared the volatility of the returns of the top 100 cryptocurrencies by market cap.

First, we retrieved daily data from CoinMarketCap.com for every coin with a market cap of $50M or higher and all stablecoins with non-zero market cap. Then, we filtered the coins that did not have data for all days 27-04-2022 and 26-04-2023 between or had a 24h volume smaller than $1M.

Then we calculated the annualized volatility for all coins. We calculated this as the annualized standard deviation of the capital returns, defined as LN (Price today / Price Yesterday). We used these figures to compare all cryptos in terms of the stability of their returns — the higher their annualized volatility, the least stable their returns.

Finally, we ranked the top cryptocurrencies and stablecoins by how stable they were between 27-04-2022 and 26-04-2023. We only considered cryptocurrencies with a disclosed market cap more than $1M on 24h volume and present in the top 100 cryptocurrencies by market cap (excluding stablecoins).

Data is correct as of 26-04-2023.