Learn about the best blockchain ranking according to the Weiss index
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Answer Learn about the best blockchain ranking according to the Weiss index
Financial rating agency Weiss has announced the ranking of blockchain projects according to the extent of development and technology efficiency, in addition to a number of other factors.
Monero was upgraded to a higher rank while Litecoin and Cardano were downgraded.
They lowered their rating from “C +” to “C”.
The last time, according to the statistics conducted by the same agency, the Litecoin and Cardano project were ranked fourth and fifth, respectively.
In the update and the new arrangement made by the agency, both the Bitcoin and Ethereum project are still in the first places.
The Monero project was promoted to fourth place by its submission and tagged with C+.
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The ranking given by Weiss cryptocurrency agency is rated A-tier A to F With a plus or minus sign.
The agency says that its rating is based on long-term factors and the stability and adoption of the project, not just short-term factors such as risk and reward.
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