The team of the China Electronic Information Industry Development (CCID) introduces the fourteenth, cryptocurrency rating. Recall, the previous one was published at the end of July.
What Has Changed?
The new rating includes 35 assets. GXChain and XEM have disappeared from the list. Bitcoin retained its 11th position.
At the same time, the three leaders have not changed. The first place has been given to EOS. This time, the coin has got 151.8 points for manufacturability, practical value, and innovations. TRON has pushed Ethereum to third place, taking second place. Among other changes are:
- Cryptocurrency Lisk rose to the 7th position;
- The Qtum project up from the 18th position to the 8th place of rating;
- Ethereum Classic deeps from the 16th line dropped to the 21st position;
- Cryptocurrency with a high level of anonymity Dash up to 4 positions: from 21 to 17 place;
- Ripple rose from 30 to 20 line of the rating.
We also note the progress of the Qtum cryptocurrency, which managed to rise from 18 to 10 position. The co-founder of the Qtum blockchain platform, Patrick Dai, notes on Twitter that the “Qtum looks better than last time”, although the assessment standards were unclear to him.
Recall that the evaluation of cryptocurrencies in the rating is based on a number of criteria. Among them are the level of effectiveness of their underlying technology, the availability of practical applications and the level of creativity of the project.
Tron Is On Fire
Users of the network note that the growth of Chinese Tron could be a consequence of the speech chosen by the PRC authorities on the practical use of blockchain technologies in the country’s economy and other areas. As a result of which most of the chinese coin surged with the 10-30% gain.
So for the last time, Justin Sun’s project has been constantly appearing in the headlines due to the constant development of one. New partnerships, new product launches, growth in the issue of stablecoin TRON-USDT with a share of TRC20 tokens of 12.65%.
Also, this week, Tron, according to Sun, should enter into a new partnership with megacorporation of one billion, which will positively affect not only TRX but also other ecosystem tokens, including BTT, WIN and others. All this moves the Tron project forward and responds positively to its adoption.
Despite this, some participants of the crypto community do not take Justin Sun seriously. Therefore, the blockchain developer SatoshiFund Andrey Sobol noted that many of the actions of the head of the TRON project are perceived as another PR. The expert even openly called him a “scam”.
However, the number of decentralized applications on the TRON network has reached 569 dApps. TRON also implements a “decentralized and fair” model for the distribution of stacking awards, which will increase the level of participation of users, exchanges and other partners in the project.
It is assumed that this will also lead to the more active participation of TRX owners in the vote and a decrease in the number of dividend distribution transactions.