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XLM · 29w

Stellar XLM ranked 11th by China’s CCID.


China’s Center for Information and Industry Development has released its latest ranking of 34 crypto projects. This is the first update for 2019, but it is the ninth update overall. Bitcoin has been upgraded from the previous ranking while the top two positions remain unchanged.

Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations

First 2019 Ranking

The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released its ninth crypto project ranking update on Thursday. The center noted that this is the first update this year and 34 crypto projects were evaluated, unchanged from the number ranked in December.

The latest ranking upgrades BTC from the 18th place in the previous month’s ranking to the 15th place. BCH rose from the 30th place to the 28th place.

“The evaluation results show that EOS and Ethereum still firmly occupy the top two [positions] of the list,” the center emphasized, adding that the Ethereum Constantinople upgrade is expected to be taken into account in the next evaluation cycle.

Ethereum Classic fell from the 15th place to the 19th place in the latest ranking. The center explained that “Ethereum Classic suffered a sustained 51% attack, which caused widespread concern, and the security of the public chain will remain an important issue that plagues future development.”

All 34 crypto projects were also ranked in three separate categories: basic technology, applicability, and creativity. According to the CCID, “the average value of the underlying technology index has decreased from the previous p...

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