NANO back in the top ten of most active blockchains

Blockchain by Blockspectator News  | 11 months ago
2 min read

NANO (NANO) is back among the busiest blockchains according to Block’tivity.

Block’tivity’s Blockchain Activity Matrix lists the top twenty-five current blockchains projects, in order of the busiest when measured according to Block’tivity’s performance parameters.

This spells welcome news for NANO, as the most recent list compiled by Block’tivity had shown NANO to have been dropped from the top ten altogether-falling back to sixteenth- following a couple of new entrants to the list such as INSTAR and KIN.

While the NANO community would’ve ideally wanted to be closer to the top, it should still be considered a great achievement for the project.

This is made even more impressive when seeing some of the significant heavyweight cryptocurrency names that NANO has ranked ahead of, these include:

  • Litecoin (LTC)
  • Ethereum Classic (ETN)
  • Dogecoin (DOGE)
  • Waves (WAVES)
  • Monero (XMR)
  • Dash (DASH)

The names above are among the most well-recognized and popular cryptocurrency and blockchain projects, so for NANO to be ahead of all of them, is showing real development and progression for the NANO team.

Block’tivity ranks blockchains according to their ‘real’ value. Generally, projects are valued according to their market cap and community sizes, but the analysis methods Block’tivity eliminates all unnecessary hype and FUD from the rankings.

The rankings are used for a better picture of the blockchains being adopted by individuals. As such the Block’tivity Blockchain Activity Matrix is increasingly used by investors to gauge a clearer and more transparent analysis of blockchains, before committing to any investment decisions.

The projects listed ahead of NANO are the biggest names in blockchain and include EOS, Bitcoin, Ethereum and TRON, so it would be no surprise to see them ranked before NANO.

Block’tivity’s ranking provides viewing for rock-solid foundations and adoption of the NANO project, and it would suffice to say, future expectations are sure to rise.