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Chinese Government-Backed Institute Releases New Ranking of 37 Crypto Projects

China’s Center for Information and Industry Development has published its latest crypto project ranking — the first this year. A total of 37 crypto projects, two more than in the previous ranking, were evaluated and ranked overall this month as well as in three separate categories.

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The 16th Ranking, First This Year

The Center for Information and Industry Development (CCID), under China’s Ministry of Industry and Information Technology, released its first crypto project ranking for the year on Friday. Prior to this, the last one was published in December, with 35 crypto projects ranked. This month, two more were added, bringing the total of ranked projects to 37. In addition to the overall ranking, the center evaluated the crypto projects based on their basic technology, applicability, and creativity. The ranking is updated every two months and this month is the 16th update.

EOS remains top of the overall ranking, followed by Tron and then Ethereum. In December, Tron was in third place with Ethereum in second. This month, Bitcoin fell from the 9th place to the 11th place while Bitcoin Cash dropped from the 27th place to the 34th.

China Releases New Crypto Ranking — Tron Beats Ethereum

Meanwhile, Nuls dropped from the 4th place to the 10th place, Bitshares from the 8th place to the 24th, Waves from the 12th to 22nd, Zilliqa from the 13th to 25th, and Tezos from the 26th to 33rd. Some projects improved such as Ripple which rose from the 18th place to the 13th and Cosmos from the 24th to the 14th.

IOST and GXS Added

Two additions to the list of projects ranked this month are IOST and GXS. The former describes itself as “an ultra-fast,

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