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Cryptocurrency News Articles
XRP Earns "B+" Rating in Weiss Crypto Rating Update, Becoming the Only Large-Cap Crypto to Advance
Jan 18, 2025 at 11:38 pm
XRP, the native cryptocurrency of the XRPL blockchain, has achieved a significant milestone by earning a "B+" rating in the latest Weiss Crypto Rating update.
XRP, the native cryptocurrency of the XRPL blockchain, has achieved a significant milestone by earning a “B+” rating in the latest Weiss Crypto Rating update. This recognition comes as XRP gains momentum from Ripple’s legal victory against the SEC, speculation about its potential role in a U.S. strategic crypto reserve, and a wave of optimism across the crypto market.
Key Highlights:
XRP Emerges as the Only Large-Cap Crypto to Advance in Ratings
In the first 2025 Weiss Crypto Rating review, XRP has emerged as the largest cryptocurrency to receive a promotion. It now shares the “B+” category with Algorand (ALGO) and Avalanche (AVAX), two leading smart contract platforms. Among top-ranked cryptocurrencies, only Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) hold positions in the exclusive “A-” zone.
XRP's market performance indicator shines with an “A” grade, highlighting its impressive rally of over 35% in the last seven days. Notably, XRP is the only cryptocurrency to earn an “A” for performance, while peers like Cardano (ADA) and Algorand (ALGO) received “A-” grades.
BitTorrent (BTT) and Mid-Cap Cryptos Gain Recognition
The January 2025 update also brings attention to several mid-cap cryptocurrencies. BitTorrent (BTT) earned a promotion, joining AerGo (AERGO), Ark (ARK), and Orbs (ORBS) in this category. These upgrades indicate a growing interest in mid-cap projects and their potential within the crypto landscape.
Dogecoin (DOGE), Toncoin (TON), and Tron (TRX) Slip in Ratings
Despite the overall market optimism, some well-known altcoins faced downgrades. Dogecoin (DOGE), Celestia (TIA), and Render (RNDR) slipped in the rankings but remained in the “B” category. However, Toncoin (TON), Tron (TRX), and ZCash (ZEC) fell to the “C” zone.
Mixed Reactions to the Ratings Adjustments
While XRP's rise has been celebrated, the rating adjustments have sparked mixed reactions. Some community members expressed concerns over the downgrades, especially in the case of Algorand (ALGO), which recently secured a partnership with MasterCard, implemented a major network upgrade, and achieved an all-time high in node count. Despite this backlash, XRP's promotion highlights its resilience and evolving market position. With a robust performance track record and increased interest from investors, XRP continues to strengthen its foothold in the competitive crypto space.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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