Cardano, Tezos and Cosmos have reportedly surpassed Bitcoin and Ether to land a higher spot on the Weiss Crypto Ratings, technology-wise. 

Specifically, the financial rating platform Weiss Crypto Ratings has reportedly rolled out the newest statistics, revealing Cardano (ADA), Tezos (XTZ), Cosmos (ATOM) and Fantom (FTM) to be in the leading positions, for the category of “technology”, all higher than Bitcoin (BTC) and Ether (ETH). 

The ratings are published on a weekly basis, ranking crypto coins in a specific array of categories. At the moment, 123 coins and tokens appeared on the chart with the highest overall score recorded stood at B+, and no coins fall below the D mark. 

The Weiss Crypto Ratings model reportedly comes with a 5-layer system, which retrieve data from the project’s technology, adoption, risk and momentum. 

The layers will then execute the filtering process of said data, via  in-house software models, deciding each component associated with the potential success or failure of the overall firm. 

XTZ, ADA, and ATOM at the moment have secured the 10th, 13th, and 23rd spots respectively, in terms of market capitalization.

Tezos has reportedly been experiencing an upsurge in its price value in 2020, with the existing $2.68 price is a 2-fold result of the price at the beginning of this year.

Cardano has reportedly rolled out its V1.0.0 Daedelus update, with goals to hit other milestones this year.