Verge (XLM) has broken into the top three most used blockchains on Blocktivity’s latest ranking. Only TLOS and EOS are above Verge, showing how it has increased its presence in the blockchain ecosystem.

Source: Block’tivity

The quick rise of XVG may be attributed to the services it makes possible. It supports a platform that is privacy-centered, allowing people to make anonymous transactions with masked IP addresses, which makes them almost impossible to trace.

Such services came in at a time when the world is looking for privacy solutions to the existing privacy problem that is affecting almost all centralized platforms.

Its unique service also puts it ahead of other blockchain competitors focusing mainly on the financial aspect of the technology.

Ranking Bullish for XVG?

As it bursts into the top three, Verge is setting itself up for a likely brighter future. Its top three rankings have arguably increased its visibility in the blockchain ecosystem. This may translate to more people testing out or even fully using the Verge platform.

Increased trading is also expected due to the improved publicity of the cryptocurrency. It’s ranking above other top performers such as Ethereum (ETH) may also influence more traders to take up the cryptocurrency.

Why Block’tivity Ranking Matters

Blocktivity’s ranking is quite crucial in the sometimes foggy blockchain ecosystem. The platform clears out all the hype and FUD that exists within the market, giving a crystal-clear picture of what people use in the ecosystem.

Its rankings are based on the activity registered within a platform, which shows how the market utilizes a platform. This translates to Block’tivity showing the real value of a platform and its cryptocurrency.

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