Friday, October 17, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

Why Cardano (ADA) was Rated As ‘Excellent’ In Technology-Wise By Weiss Crypto Ratings

by firstcryptonews
April 27, 2020
in News
Why Cardano (ADA) was Rated As ‘Excellent’ In Technology-Wise By Weiss Crypto Ratings

Cardano has hit a home run with its technology. This has been recognized by Weiss Ratings which ranked it as one of the top technology blockchains among a number of other cryptocurrencies rated by the financial ratings agency.

Cardano was rated as “excellent” by Weiss in its latest cryptocurrency rankings. Other cryptocurrencies like Tezos (XTZ), Cosmos (ATOM), and Fantom (FTM) were also graded as excellent in the technology bracket.

It is worth noting that Tezos, Cardano, and Cosmos all rely on a Proof-of-Stake (PoS) consensus mechanism. This particular algorithm is considered to be a much greener option compared to bitcoin’s Proof-of-Work (PoW) as it cuts out the energy-intensive mining process.

However, despite Cardano and Tezos being highly-rated in the technology class, the two cryptocurrencies have performed terribly in other categories. For instance, Cardano scored a mere D- in the risk/reward category while Tezos scored a D+.

In contrast, Bitcoin (BTC), has been rated as just “fair” in the technology category, whilst ethereum (ETH) was graded as “good”. However, these two blockchain projects take the cake adoption-wise as Weiss Ratings awarded each an A grade.

Cardano (ADA) Posts Gains Of Over 10%
Notably, Weiss Ratings is fond of showering Cardano with praises. Most recently, the ratings firm asserted that Cardano has one of the highest technology scores in the crypto industry as it marshals an out-of-this-world level of brainpower that no other cryptocurrency has been able to replicate.

The Cardano network has witnessed several upgrades in recent days. Today, the network successfully launched its long-awaited Daedalus 1.0.0 mainnet wallet. The next stop for Cardano appears to be the Shelley era which promises more decentralization, interoperability, and scalability.

Moreover, the price of ADA has been on a tear today, possibly due to the Daedalus milestone. The cryptocurrency has gained 10.17% on the day to trade at $0.043436 as it surges to the 13th position on CoinMarketCap’s rankings. Conversely, bitcoin is up 1.23% over the same timeframe.

Given all the optimism surrounding Cardano’s technological advancements, it seems like just a matter of time before the coin’s price catches up.

Related Posts

FurGPT Secures $80M Investment from KaJ Labs to Accelerate Companion AI Innovation

FurGPT Secures $80M Investment from KaJ Labs to Accelerate Companion AI Innovation

by firstcryptonews
October 17, 2025
0

The funding supports FurGPT’s mission to enhance emotional intelligence and lifelike AI companionship through advanced behavioral systems. Singapore, SG –...

Imagen Network Adopts Gemini Models to Deliver Adaptive Community Engagement

Imagen Network Adopts Gemini Models to Deliver Adaptive Community Engagement

by firstcryptonews
October 15, 2025
0

Integration of Gemini’s AI architecture enables Imagen Network to offer more personalized, data-efficient engagement experiences within its decentralized ecosystem. London,...

Imagen Network Collaborates with xAI to Unlock Multimodal Creative Experiences

Imagen Network Collaborates with xAI to Unlock Multimodal Creative Experiences

by firstcryptonews
October 14, 2025
0

The collaboration with xAI expands Imagen’s capabilities in multimodal content generation, enhancing creator engagement and creative flexibility. London, UK –...

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

FurGPT (FGPT) Prepares Global Token Rollout to Expand Decentralized AI Companionship

by firstcryptonews
October 13, 2025
0

The upcoming global token launch expands FurGPT’s reach, empowering users and communities to engage in the future of AI-driven companionship....

FurGPT (FGPT) Announces Community Crypto Rewards to Power Token Ecosystem

FurGPT (FGPT) Announces Community Crypto Rewards to Power Token Ecosystem

by firstcryptonews
October 8, 2025
0

The new rewards initiative strengthens community participation and fuels long-term growth for FurGPT’s decentralized AI ecosystem. Singapore, SG – October...

Imagen Network Partners with Google Cloud to Advance AI Infrastructure for Decentralized Social

Imagen Network Partners with Google Cloud to Advance AI Infrastructure for Decentralized Social

by firstcryptonews
October 6, 2025
0

The partnership enhances Imagen’s scalability and personalization tools by integrating Google Cloud’s AI and infrastructure services. London, UK – October...

Next Post
sensitrust

Decentralized job – the new and powerful WorkPlace 2020

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Yetubit

YetuSwap : Innovative Decentralized Exchange on Binance Smart Chain.

4 years ago
The Great Wave off Kanagawa Licensed NFTs To Release  In 3D and Augmented Reality on ElmonX

The Great Wave off Kanagawa Licensed NFTs To Release In 3D and Augmented Reality on ElmonX

2 years ago
bitcoinlatinum

Bitcoin Latinum now pre-listed on Coinmarketcap, opens pre-sale

4 years ago
Unveiling FlexHype Token: The Ultimate Cryptocurrency Wealth Opportunity of 2025!

Unveiling FlexHype Token: The Ultimate Cryptocurrency Wealth Opportunity of 2025!

10 months ago
The organizers of Token2049 fell victim to fraud when Charles Lee of the Korean Roma Foundation mistakenly purchased 200 counterfeit tickets.

The organizers of Token2049 fell victim to fraud when Charles Lee of the Korean Roma Foundation mistakenly purchased 200 counterfeit tickets.

2 years ago
BXH (DEFI) Decentralize Finance Service Platform Announces Relaunch & Business Transformation

BXH (DEFI) Decentralize Finance Service Platform Announces Relaunch & Business Transformation

3 years ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

FurGPT Secures $80M Investment from KaJ Labs to Accelerate Companion AI Innovation

FurGPT Secures $80M Investment from KaJ Labs to Accelerate Companion AI Innovation

October 17, 2025

Press Release

Bullish Forecasts Put Corvix (CRV) in the Top Tier of Upcoming DeFi Tokens

Bullish Forecasts Put Corvix (CRV) in the Top Tier of Upcoming DeFi Tokens

October 17, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News