$ 29,533.00 0.64%
$ 1,985.80 0.69%
$ 50.37 0.03%
$ 0.085106 0.01%
$ 8.11 3.17%
$ 1.42 4.43%
$ 0.000122 7.32%

China releases 10th ranking of cryptocurrencies, Bitcoin upgraded

china cryptocurrency ranking

The Center for Information & Industry Development in China has released the latest, tenth ranking of cryptocurrency. Overall, 35 projects were evaluated in the past 20 days, amidst them, Tron debuted at top of the list, while Bitcoin was somewhat able to improve its position.

To sum it up, smart contractual platforms are still leading. Ever since the release of the last rating, only a single new project was added to the list: Tron. EOS is still occupying the no. 1 spot. Tron dethroned Ethereum at number 2, which is now standing at the 3rd position.

BTC is on the 13th rank, slightly up from its 15th place since the last month. BCH is at the 27th position, one rank up than its 28th during the previous month.

Tron, launched last year in May 2018, was described by the center as a “low-level public chain with high throughput, high expansion and high reliability,” which is also “compatible with the Ethereum smart contract.” The center further asserts that Tron’s chain transactions are more vigorous. All this information is being noted with the fact that currently, there are more than two hundred Tron Dapps. The overall evaluation index of Tron is 145.6, making it stand at the second highest position in the entire list, only a single rank away from EOS.

Three Sub Rankings:

Presently, the Crypto projects which have improved most from the previous period are Nano, Verge & Qtum. As for the basic technology category, the top 5 public chains are EOS, TRON, BITSHARES, GXCHAIN & NANO.

Top 5 projects for the applicability category are Ethereum, NEO, Nebulas, Tron, & Ontology. The category of creativity concentrates on constant innovation in the blockchain, this includes the number of developers, code updates, and impacts. The top five cryptocurrency projects in this category are Bitcoin, Ethereum, EOS, Lisk, and Tron.

Taha Farooqui

Taha Farooqui

Taha specializes in copywriting & translating texts. He aims to cover cryptocurrencies & blockchain in both English and local dialects in the Middle Eastern regions. He has helped write, translate, and localize the material related to cryptocurrencies and blockchain.

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