EOS, Tron and Ethereum Dominate China’s New Crypto Ratings Index As Bitcoin Beats XRP, Litecoin and Stellar
China’s Center for Information and Industry Development (CCID) just released its latest crypto ratings index. The list features Tron for the first time, which debuts in the number two spot, after EOS and ahead of Ethereum.
Meanwhile, Bitcoin has moved up two spots to number 13 on the list, ahead of a long line of coins including Stellar, XRP, Monero, Cardano, IOTA and Litecoin.
The government-sponsored list ranks the top cryptocurrencies according to the performance of their basic tech, applicability and creativity.
China is pushing blockchain technology in a big way by supporting companies that want to utilize the emerging technology.
However, the country is maintaining its hard line on domestic cryptocurrency trading, after shutting down local exchanges back in 2017.