Bitcoin
Bitcoin
BTC
$103,437.00
1d: -0.50%
7d: +0.11%
$103,437.00
-0.50%
Ethereum
Ethereum
ETH
$2,490.82
1d: -3.93%
7d: +6.01%
$2,490.82
-3.93%
Polkadot
Polkadot
DOT
$4.71
1d: -3.15%
7d: -7.14%
$4.71
-3.15%
Solana
Solana
SOL
$168.30
1d: -2.57%
7d: -1.61%
$168.30
-2.57%
XRP
XRP
XRP
$2.37
1d: -2.15%
7d: +0.36%
$2.37
-2.15%
Shiba Inu
Shiba Inu
SHIB
$0.00001436
1d: -4.96%
7d: -6.50%
$0.00001436
-4.96%

Rank

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Table of contents
    1. 0.2. How Rank Works
    2. 0.4. Why Rank Matters

Rank refers to a system of ordering or prioritizing entities based on specific metrics, often used to evaluate performance or popularity within a blockchain ecosystem.

How Rank Works

In the context of blockchain, rank is often used to assess various factors such as mining power, transaction volume, token holdings, or other performance indicators. For example, exchanges might rank cryptocurrencies based on market capitalization, while decentralized applications (dApps) might be ranked by user engagement or transaction activity.

Why Rank Matters

Rank helps provide clarity and visibility within the blockchain ecosystem. It allows users, investors, and developers to gauge the relative strength or importance of different assets, projects, or platforms. Ranking systems can drive engagement, promote competition, and influence decision-making by highlighting the top performers.