A US-based crypto rating platform that claims to be unbiased with its valuations which are based in complex analysis of numerous factors, Weiss Rating, rated Cardano and Tezos blockchain technology has the best performers in terms of technology, staying ahead of top crypto coins like Ethereum.
Weiss, in a table, sees Cardano and Tezos as the best performers due to their underlining technologies. Based on the information made available on Weiss website, Cardano, alongside Tezos, bagged ‘excellent’ rating from the Weiss assessment.
Weiss, based on its rigorous assessment, believes Cardano and Tezos are the two cryptocurrencies with the best technologies in the industry.
Tezos made the first position while Cardano, Cosmos and Fantom were placed on the second, third and fourth respectively on the table centered in evaluating cryptocurrencies based on technology.
Cosmos and Fantom also got ‘excellent’ grade for the performance of their technology. Ethereum stood behind Fantom, fifth position, with a ‘good’ grade.
Bitcoin, Ripple, Stellar stood as the eleventh, twelveth and fourteenth best cryptocurrency in terms of technology performance on the table.
Cardano, IOTA Ahead of Ripple in Overall Rating
However, in the overall rating of the entire performance of each cryptocurrency, Bitcoin and Ethereum took the lead with an A– and B+ grade respectively. Cardano, IOTA and Ripple also followed, bagging B, B and B– rating respectively.
In terms of market performance, Weiss posited that Cardano is doing better than IOTA and Ripple.