Crypto Newcomer Defeats Bitcoin, ETH And XRP In Technology, Weiss Ratings Says
The crypto market looks pretty good today, with Bitcoin trading in the green and racing towards $8,000.
At the moment of writing this article, BTC is priced at $7,604.71.
Crypto newcomers tops BTC in more areas
It’s been revealed that Weiss Ratings is impressed by the relatively new crypto asset Tezos (XTZ).
The rating agency said that the tech that is powering Tezos is outshining the leading cryptos BTC, ETH and XRP.
You are already probably aware of the fact that Tezos is a smart contract proof-of-stake blockchain that is designed to offer people who hold the coin a stake in the platform in terms of its development and governance as well.
It’s important to note that stakeholders can help power the network and earn rewards in return.
Even if Bitcoin is the leading crypto asset, it’s not included in the company’s top ten coins by technology.
On the other hand, Ethereum is ranked fourth on this list and Weiss said not too long ago that it will probably move higher.
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.#ETH #altcoins
— Weiss Crypto Ratings (@WeissCrypto) April 2, 2020
Weiss Ratings is ranking more than 120 coins based on technology, adoption, risk, and momentum. Weiss Rating is definitely helping investors identify cryptos that have the best odds for long-term success.
The online publication the Daily Hodl reveals Weiss Ratings Top Crypto Assets by Technology:
Check out more tops made by Weiss Rating in the original article by the online magazine mentioned above.
U.S. 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.#BTC $BTC
— Weiss Crypto Ratings (@WeissCrypto) April 9, 2020
Other than this, Bitcoin is expected to see massive price movements these days, as the halving is just around the corner.
The halving event is scheduled for this May.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.