Tron Dethrones Ethereum In New Chinese Crypto Rankings

2019-2-28 20:59

Tron made its first debut in the Ministry of Industry and Technology Development China’s ranking and came close to the top of the list, displacing Ethereum and other cryptos except for EOS. Due to the troubling condition of the crypto market, which sent some cryptos prices rising and others falling in price, the CCID China took it upon themselves to evaluate the performance of 35 projects in the crypto sphere.

According to the center, this is the second update done this year with Tron being the only new addition to the process. The evaluation was based on applicability, creativity and basic tech ability of 35 digital assets. Tron displaced ethereum and took the second position, ETH now sits at the third position.

According to the analysis, Tron has high-level reliability and coverage even though it is still young and growing. Its network is compatible with the Ethereum smart contracts which makes the processing of chained transaction better. It hosts about 200 decentralized applications, gained 145.6 in the evaluation.

The evaluation was based on basic technology and applicability. The top five evaluated for basic technology were EOS, Tron, Bitshares, GXChain, and Nano. In this category, the technical evaluation was conducted, focusing on functions, decentralization, and safety. The second category is the applicability category which includes Ethereum, NEO, Nebulas, Tron and Ontology. Evaluating the responsiveness to practical applications which include, nodes, wallet, development support and implementation application.

Tron received a high remark from the center which indicates it will perform better in the next evaluation.

The post Tron Dethrones Ethereum In New Chinese Crypto Rankings appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3139.21 (+0.08%)
Объем 24H $12.735b
Изменеия 24h: 3.51 %, 7d: 7.97 %
Cегодня L: $3088.33 - H: $3141.18
Капитализация $377.089b Rank 2
Цена в час новости $ 136.63 (2197.6%)

ethereum crypto tron china cryptos dethrones rankings

Источник: zycrypto.com

ethereum crypto → Результатов: 126


Crypto Staking Vs. Crypto Mining: Ethereum Crypto Investors Turn to BlockDAG’s Home Mining for 30,000x Potential ROI

As cryptocurrency markets continue to captivate investors, Ethereum’s persistent volatility makes headlines with its recent price swings from $2,273 to $2,383. This instability, however, has not dampened the bullish forecasts for Ethereum, especially as it transitions to a proof-of-stake model with Ethereum 2.

2024-4-26 16:57


Фото:

Ethereum Reaches a “Vital” Point as Bulls Fail to Flip Resistance to Support

Ethereum and the entire crypto market has faced some weakness throughout the past couple of days Although both BTC and ETH are trading well above their recent lows, it is important to note that bears are in the process of reversing yesterday evening’s gains This downtrend could prove to be bearish for ETH, as the crypto has been unable to flip a key resistance level into support This comes as it ventures into what one […]

2021-1-13 01:00


Ethereum's Vitalik Buterin calls for adoption of social recovery wallets to fight crypto theft

Ethereum's Vitalik Buterin revealed his thoughts on solving the problem of crypto-wallet security. Undoubtedly, the crypto economy is in need of better security for wallets. Many exchanges now keep a The post Ethereum's Vitalik Buterin calls for adoption of social recovery wallets to fight crypto theft appeared first on AMBCrypto.

2021-1-12 02:30


Фото:

Ethereum’s Fundamental Strength is Growing as Key Metric Points to Upside

Ethereum and the entire crypto market are currently consolidating following yesterday’s breakout rally This rally came about following Bitcoin move to its $19,400 resistance, which is a level that it has yet to surmount decisively Until BTC can break above this level, the rest of the crypto market will likely struggle to gain any immense momentum One analytics firm is now noting that Ethereum’s mid-term trend may be boosted by growing underlying strength They note […]

2020-12-15 23:00


Фото:

Data Shows Interest in Ethereum is Crashing; Here’s Why This is Bullish

Bitcoin has been causing the entire crypto market to see some uncertainty, which has had grave impacts on Ethereum and many other altcoins Ethereum is now consolidating alongside the benchmark crypto as it trades within the $350 region Where it trends next will likely depend on whether Bitcoin breaks out, or breaks down, from its range between $10,600 and $10,800 One analytics platform is noting that data shows Ethereum’s social volume is crashing at the […]

2020-10-1 23:00


Фото:

Ethereum’s Macro Price Structure is Flashing Warning Signs; Things to Consider

The bear-favoring volatility seen by the aggregated crypto market yesterday has once again caused Ethereum to decline beneath the $200 price level The cryptocurrency is now flashing signs of growing weakness as multiple moving averages begin invalidating all of ETH’s macro bullishness One analyst believes that this present technical weakness could lead ETH to move back towards its yearly open Ethereum saw a sharp decline yesterday alongside Bitcoin and the aggregated crypto market. After tapping […]

2020-5-16 23:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

TRON Network Surpasses 95 Million Addresses: A Sign Of Growth

The TRON network has achieved a remarkable milestone, surpassing 95 million addresses. This figure is particularly noteworthy when compared to other layer 1 networks like Cardano and Avalanche, which have fewer than 10 million addresses each.

Poloniex hit by $100 million theft, hacker boosts Tron’s TRX

Crypto entrepreneur Justin Sun has offered the Poloniex hacker a 5% bounty to return the stolen funds within the next seven days. The hack Earlier today, Sun said Poloniex was investigating a hacking incident without providing additional information.