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Weiss Crypto Ratings released the names of cryptocurrencies it considers most likely to succeed in 2019. The independent rating agency has given Bitcoin an A “tech/adoption” grade along with Ripple’s XRP and Ethereum-competitor EOS.
Weiss evaluates cryptocurrencies combining two factors, the adoption rate and technology. Upon evaluation, Weiss assigns letter marks indicating the crypto asset’s likelihood to succeed and its long-term sustainability.
On 26 March 2019, Weiss published a comprehensive report on the crypto market titled “Dark Shadows having a Brilliant Future. ”
The statement is the outcome of reviewing 122 digital coins against four factors: technology, adoption, risk, and incentive. Then, strictly basing the rating only on technology and adoption factors
Weiss proposes that “ultimately, only cryptocurrencies boasting the best combination of adoption and technology will succeed.” And it rates Bitcoin, EOS, and XRP with the highest letter grade: “A” rate (excellent).
The particular report argues that even though the value of cryptocurrencies substantially declined in 2018, crypto technology continued to develop, and the new crypto property was launched exhibiting quicker processing speeds. As a result, adoption rates possess increased.
Additionally, Weiss notes,
Since February 2018, the volume of user (on-chain) transactions among the ten most widely used cryptocurrencies has grown by 245 percent.
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