Cardano (ADA) News: Weiss Ratings: Cardano to Become Highly Dominant in the dApp Market

cardano ada price

According to reports, Weiss Ratings, a top provider of ratings for all cryptos as well as stocks and mutual funds, gave predictions on Cardano’s chances in the dApp market. Per the report, the rating provider has endorsed Cardano’s ADA once again to spearhead Cardano’s prospects in the dApp market.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$1.15

Weiss Ratings Gave Their Predictions on Cardano Via a Tweet

Weiss Ratings gave their verdict via a recent tweet. The tweet says that ADA and its practice of making sure quality and high standards come above any other thing when it comes to the decentralized applications (dApps) it powers, shows that it is moving towards extended its dominance in the dApp market. The rating provider predicted more demonstrable success for Cardano in the sector.

According to Weiss Rating’s tweet:

ADA’s commitment to the high-assurance code as well as thorough testing before making releases means that its dApps will rest on top of a solid foundation. The network’s emphasis on the issue of security while moving to a PoS consensus is a unique action to the project. The features may make sure of their sustainability and market dominance.

Latest Weiss Positive Ratings For Cardano Adds to a Number of Positive Reviews for the Network

Weiss Ratings’ recent predictions for Cardano adds to a long history of several positive outlooks for the Cardano network and its native token ADA. Earlier in February 2019, Weiss declared that the ADA coin was on the right part towards surpassing EOS at the time. Because Cardano became the most preferred dApp platform at the time. Weiss Ratings even added that it was “cautiously positive about Cardano overtaking EOS.”

Just last month, Weiss Ratings tweeted this about Cardano:

“Cardano is now one of the best Blockchain projects in the crypto space. It may also be one of the cheapest cryptocurrencies out there as well.”

Led by Charles Hoskinson, the Cardano network largely stays far away from the press along with the media hype, keeping its focus or objectives deeper into providing the proper environment and climate for decentralized applications (dApps). While Weiss Ratings is well known for some proclamations about crypto projects like this.

Once again, going by reactions to the public’s statement, many are in agreement with the rating provider. Cardano is renowned for spending the bulk of their time and resources in researching, testing, and creation of solutions rather than other areas like press and marketing.

Cardano Price was at $0.087 at Press Time

One response from the tweet by Weiss Ratings by Alexander (@AlexHPuta) brought to light as to why Cardano is truly going to dominate the dApp space. He pointed out the fact that Cardano’s team comprises of no less than 25 PhD holders who are specifically focused on a singular goal to “create 3rd generation Blockchain solutions for solve 5 major obstacles including:

– Scalability

– Interoperability

– Sustainability

– Governance

– Security

“Cardano is building a ‘spaceship’ future Blockchain,” the user added.

Cardano Price Today

According to data given by coin market cap, as of the time this content was published, ADA price was trading at $0.087 and the coin had a 24-hour trading volume of $219 million. ADA also has a total market capitalization of $2.2 billion at press time.

Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.

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