• Back in February, Weiss stated that Cardano has the capability of overtaking EOS as the most preferred platform for dApps.
  • Cardano is well-known for investing a lot of time and resources into research, testing and creation.

Weiss Ratings, one of the leading providers of ratings for cryptocurrencies, stocks and mutual funds, has once again endorsed Cardano as one of the top cryptocurrency projects in the world. Weiss particularly highlighted Cardano’s practice of ensuring quality and high standards of the decentralized apps (dApps) it powers. They believe that Cardano will inevitably gain more success in the sector.

They tweeted:

“ADA’s commitment to high-assurance code and thorough testing before release means its #dApps will rest atop a solid foundation. Emphasis on security while transitioning to #PoS is unique to the project. These features may ensure its sustainability & market dominance.”

Back in February, Weiss stated that they were cautiously optimistic about Cardano overtaking EOS as the most preferred platform for dApps.

“Cardano is one of the best projects in the space, and also one of the cheapest cryptos out there. Led by Charles Hoskinson, Cardano largely stays away from the press and hype, keeping its focus deep into providing a ripe environment and climate for dApps.”

Many people have reacted positively to this, saying that instead of just focussing on blatant marketing and press fame, Cardano is well-known for investing a lot of time and resources into research, testing and creation. One of the responders, Alexander (@AlexHPuta), pointed out that the Cardano team comprises of 25 Ph.D. holders and are specifically focused on creating a “3rd generation blockchain to solve 5 major obstacles: scalability, interoperability, security, sustainability & governance. They are building a ‘spaceship’ of future blockchain.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

Cryptos feed

Latest Crypto News & Analysis

Editors’ Picks

Bitcoin: 100x growth in next 9 years?

BTCC head Bobby Lee waits for Bitcoin for $1 million in 9 years due to the unwise policy of central banks, as well as due to demand on "digital gold". But this is then, and for now, Bitcoin is unable to hold even above $9K.

More Bitcoin News

Litecoin (LTC) locked in a range amid low market activity

Litecoin (LTC), the sixth-largest digital asset, has been moving sideways recently. The coin has stayed mostly unchanged both on a day-to-day basis and since the beginning of Tuesday. 

More Litecoin News

Crypto Today: China promises not to use digital Yuan to intrusion

The main actors of the crypto board continue to express the lack of trend force that began on Monday. Cardano stands out today with a rise of 2.15% against the US dollar.

More Cryptocurrencies News

Ripple price prediction: XRP/USD drifts towards $0.2700 – Confluence Detector

Ripple’s XRP has been drifting down towards the support area at $0.2700 since the beginning of the week. The coin touched $0.2893 low on Monday, though a host of stop orders located around $0.2700 stopped the sell-off and pushed the price to $0.2730.

More Ripple News

BEST CRYPTO BROKERS/EXCHANGES

Bitcoin Weekly Forecast: Bulls wasted their chance

Bitcoin has been oscillating in a depressingly tight range since the beginning of November. Vanishing volatility makes it harder to engineer a decisive breakthrough from the range. 

Read the weekly forecast

BTC

ETH

XRP