- IOST has ranked third on the Global Public Chain Technology Evaluation Index.
- The rank indicates the growth of the IOST project in recent times.
- IOST is followed by TRON, Neo and Cosmos in the index.
China Electronics and Information Industry Development Institute (CCID) has recently released the 19th issue the Global Public Chain Technology Evaluation Index. IOST has secured the third spot in the list, following EOS and Ethereum. This marks a significant milestone for IOST, signifying the growth of the project in recent times.
IOST’s basic technology has secured 111.9 points, the highest among 37 blockchain entities that were evaluated. Under the basic technology criteria, the CCID assesses factors like the project’s decentralization quotient, security, overall features and performance.
Terence Wang, the co-founder of IOST, took to Twitter to share the news.
Great news! IOST shows continuous improvement in the CCID Global Ranking.
— Terrence Wang (@terrence_iost) August 26, 2020
Our General Ranking is up 1 spot to #3 from the previous ranking, & we remain #1 in Basic tech among 37 top public blockchains! #IOST #blockchain #crypto #ranking #CCID #DeFi #DeFionIOST pic.twitter.com/0ax3F91FOf
The index in question ranks the blockchain projects based on technology, applicability and creativity. Notably, TRON has ranked fourth in the index, followed by Neo, Cosmos and Qtum.
IOST/USDT daily chart
IOST/USDT has had a bullish start to Friday following three straight bearish days. Currently, IOST/USDT is trading for 0.006429. There are two strong resistance levels at 0.006568 and 0.006833 (SMA 20). Along with that, there are two healthy support levels at 0.006295 (SMA 50) and 0.006141.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
![Shiba Inu rallies 30% since August low as on-chain data points to further gains ahead](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Shiba/Shiba_Inu_Rage_XtraSmall.jpg)
Shiba Inu rallies 30% since August low as on-chain data points to further gains ahead
Shiba Inu (SHIB), the second-largest meme coin by market capitalization, has observed a large spike in traders realizing losses on Thursday, on-chain data shows, even as SHIB has rallied 30% since the August 5 low of $0.00001078.
![Ethereum: Rebound on the long road to sunset](https://editorial.fxstreet.com/images/Markets/Currencies/Digital%20Currencies/Ethereum/Ethereum_Coins_31_04_XtraSmall.jpg)
Ethereum: Rebound on the long road to sunset
The cryptocurrency market remained in the same position as the day before, with a capitalisation of $2.09 trillion (+0.07% in 24 hours). Bitcoin's price stabilised after the crash, with Solana losing 3% and Ethereum recovering 2% over the same period.
![Bitcoin Cash price is poised for a decline if it breaks below the key support level](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Coins/BitcoinCash/bitcoincash_XtraSmall.jpg)
Bitcoin Cash price is poised for a decline if it breaks below the key support level
Bitcoin Cash (BCH) has faced multiple rejections by the 50-week Exponential Moving Average (EMA) of around $350.2. This week, it experienced a 9% decline to trade at $324.2 on Thursday.
![TON rallies following Telegram CEO Pavel Durov's release from custody](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/crypto_matrix-637516561995093295_XtraSmall.jpg)
TON rallies following Telegram CEO Pavel Durov's release from custody
Pavel Durov, Telegram's founder, was released on Wednesday from French custody after four days. The release was on several terms, including that Durov does not leave the country.
![Bitcoin: Can BTC break above $62,000 barrier?](https://editorial.fxstreet.com/images/Markets/Currencies/Digital%20Currencies/Bitcoin/bit-coin-symbol-flag-3d-illustration-59931110_XtraSmall.jpg)
Bitcoin: Can BTC break above $62,000 barrier?
Bitcoin (BTC) trades above $60,000 on Friday, gaining more than 4% this week so far, but fluctuating within a range between $57,000 and $62,000 for the last 15 days. On-chain data shows contradicting signs, with institutions accumulating Bitcoin while some whales are selling.
![Moneta Markets review 2024: All you need to know](https://editorial.fxstreet.com/images/IT/Testing/Review/FXSBadgeCertifiedBackg_XtraSmall.png)
Moneta Markets review 2024: All you need to know
VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.