China’s state-backed tech workgroup has launched its fourteenth crypto rankings report, with Bitcoin (BTC) ranked 11th and EOS (EOS) retaining the highest spot as of the tip of September 2019.

The listings rank 35 belongings in whole, as reported on Sep. 29 by the Middle for Info and Business Improvement (CCID)’s on-line info portal. 

Reshuffles

In contrast with the final instalment of the rankings this July, Bitcoin has held its place whereas altcoin Tron has dislodged Ether (ETH) from the second spot. XRP is up from 30th to 20th-ranked asset.

CCID cryptocurrency rankings, Sep. 2019

CCID cryptocurrency rankings, Sep. 2019. Supply: CCIDnet

Qutum (QTUM) has risen from 18th to eighth, Lisk (LSK) from 14th to seventh and Sprint (DASH) from 21st to 17th.

China’s blockchain increase

Underneath the aegis of China’s Ministry of Business and Info Expertise, CCID first launched its month-to-month crypto rankings report again in Could 2018, and awarded Ether the highest place out of the unique 28 cash. 

The belongings are evaluated based on three parameters: primary know-how, utility and innovation.

Tron — first included in CCID’s rankings this February — has in the present day reported positive aspects of as excessive as 25% in opposition to the U.S. greenback, maybe following CEO Justin Solar’s announcement of a serious, as but undisclosed, partnership with an alleged “mega company.” 

That very same day, China’s President Xi Jinping known as for the accelerated nationwide adoption of blockchain know-how in an official speech.

President Xi’s intervention and constructive indicators from the Folks’s Financial institution of China have this week sparked a serious uptick within the home blockchain sector — spurring the inventory markets and fervent curiosity among the many public.

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