Tuesday, May 11, 2021

Cardano (ADA) Ranked Excellent in Technology Category by Weiss Crypto Ratings

Weiss Crypto Ratings, the leading provider of independent, unbiased, trusted ratings of Stocks, Mutual Funds, Cryptocurrencies, ETFs, and Financial Institutions, recently released its latest cryptocurrency rankings, where Cardano (ADA) is ranked excellent in terms of technology.

Weiss Crypto Ratings that regularly ranks digital currencies using various criteria, released its latest crypto rating edition on 21st April 2020.

In the ranking decision, Tezos (XTZ) and Cardano (ADA) surprisingly ranked at the top for the category related to technology. The two cryptographic projects were classified with a grade of ‘excellent’.

In the overall ranking, Bitcoin (BTC), Ethereum (ETH), and IOTA (MIOTA) maintain the top 3 positions. Aside from Cardano (ADA) and Tezos, Cosmos (ATOM) and Fantom were also ranked excellent in Technology Category by Weiss Crypto Ratings.

Cardano (ADA) Ranked Excellent in Technology Category by Weiss Crypto Ratings
Courtesy of Weiss Crypto Ratings

Cardano (ADA)’s Advancement in Technology, Hence the Top Rating

Cardano (ADA), whose founder Charles Hoskinson, also co-founded Ethereum (ETH), is expected to hit milestones in technological advancement this year.

This advancement in the Cardano ecosystem is expected to give birth to Shelley, the hallmark of the full decentralization of the Cardano (ADA) network. According to Weiss, Cardano is becoming an improved version of Ethereum.

Github Justifies the Top Rating of Cardano (ADA) By Weiss Crypto

Recall that Cardano (ADA) was recently ranked number 1 in terms of average daily development activity on Github in March – April 2020 ranking released. This has really done proper justice to Weiss Crypto’s latest ranking.

The chart of the ranking was shared by Crypto Differ. On the ranking chart, the largest altcoin Ethereum (ETH) occupies the fourth position, while Bitcoin (BTC), the first and largest cryptocurrency stands at the last position on the chart.

Cardano (ADA) in the Market

Cardano (ADA), the 15th largest digital currency by market capitalization, is one of the best performers among the top 20 cryptocurrencies over the past hours.

At the time of publication, ADA is trading at $0.038303, with an 8.07% price uptrend in the last 24 hours.

Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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