Rajarshi Mitra
Independent Analyst
- Tezos has topped Weiss Ratings’ list of top ten crypto coins by technology, outshining ETH and XRP.
- Despite Bitcoin being the leading cryptocurrency, it is not included in this list by Weiss.
Crypto rating firm, Weiss Ratings, said that the technology that powers Tezos is better than major cryptocurrencies like Bitcoin, Ethereum and XRP. Tezos is a smart contract proof-of-stake blockchain designed to give the users who hold the crypto a stake in the platform in terms of its development and governance. Stakeholders can help scale the network and earn rewards in return.
Although Bitcoin is one of the leading crypto assets, it is not included in Weiss Ratings’ list of top ten coins by technology. Ethereum is ranked fourth, but Weiss says it will rise in future rankings.
We have already upgraded Ethereum’s Technology grade once. And further upgrades are very possible as #Ethereum 2.0 rolls out. This combined with its high adoption rating make Ethereum very attractive indeed.
Weiss Ratings assesses over 120 digital assets based on three categories - adoption, risk and momentum.
Weiss Ratings Top Crypto Assets by Technology
- Tezos
- Cardano
- Cosmos
- Fantom
- Ethereum
Weiss Ratings Top Crypto Assets Overall
- Bitcoin
- Ethereum
- IOTA
- Ripple
- LiteCoin
The overall crypto ratings are based on adoption, technology, market momentum and investment risk. Discussing the state of crypto markets, Weiss said that the economic aftermath from the COVID-19 pandemic may result in a bull market. Bitcoin is also going to experience halving next month, which has historically been a trigger for a bull run.
US debt is not only its biggest in history — it’s rising faster than ever. And it’s being monetized.
So while the world engages in unprecedented levels of quantitative easing, Bitcoin is getting ready for its quantitative hardening.
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
Polygon joins forces with WSPN to expand stablecoin adoption
WSPN, a stablecoin infrastructure company based in Singapore, has teamed up with Polygon Labs to make its stablecoin, WUSD, more useful in payment and decentralized finance.
Coinbase envisages listing of more meme coins amid regulatory optimism
Donald Trump's expected return to the White House creates excitement in the cryptocurrency sector, especially at Coinbase, the largest US-based crypto exchange. The platform is optimistic that the new administration will focus on regulatory clarity, which could lead to more token listings, including popular meme coins.
Cardano's ADA leaps to 2.5-year high of 90 cents as whale holdings exceed $12B
As Bitcoin (BTC) gets closer to the $100,000 mark for the first time — it crossed $99,000 earlier Friday — capital is rotating into alternative cryptocurrencies, creating a buzz in the broader crypto market.
Shiba Inu holders withdraw 1.67 trillion SHIB tokens from exchange
Shiba Inu trades slightly higher, around $0.000024, on Thursday after declining more than 5% the previous week. SHIB’s on-chain metrics project a bullish outlook as holders accumulate recent dips, and dormant wallets are on the move, all pointing to a recovery in the cards.
Bitcoin: New high of $100K or correction to $78K?
Bitcoin surged to a new all-time high of $93,265 in the first half of the week, followed by a slight decline in the latter half. Reports highlight that Bitcoin’s current level is still not overvalued and could target levels above $100,000 in the coming weeks.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.