The dApp community is taking shape, and it is good news for Tron enthusiasts. For a few months now, the giant crypto bitcoin has stolen all the headlines within as well as outside of the cryptocurrency.
As far as the crypto space is concerned, 2019 has been the best year thus far since 2017 with several cryptos gaining significantly. This year’s best performer has been Binance Coin even though Bitcoin has done remarkably well.
But did we miss something?
Tron dApps are gaining the market share and are now on the wheels. For some time, the dApp ecosystem has been dominated by EOS and Ethereum. However, Tron has its nose forward.
The New King of dApps
The signs were there, and it was a case of when rather than if Tron would take over the bragging rights for the dApp ecosystem. And now, according to a recent review, Tron has made giant steps going by its 24-hour dApps volume.
As always, Tron CEO didn’t fail to give an update on the same as a couple of days ago, he tweeted a 24-hour volume surpassing $11.8 million meaning EOS and ETH are now trailing.
— Justin Sun (@justinsuntron) June 7, 2019
As per the numbers, the first 12 dApps by Tron pulled over 42,000 users. Interestingly, more gaming applications were recorded, unlike a previous record that was dominated by gambling apps.
The numbers are impressive, but there’re concerns. The usefulness of these dApps is somehow questionable since most of them are related to games as well as gambling. Nevertheless, Tron is getting well up the radar.
New dApps onboard
Getting ahead of the likes of Ethereum and EOS is not a walk in the park and Tron network knows it. For that reason, adding new dApps is another way of getting ahead of the rest.
As per the weekly dapp report released by Tron, 16 new dApps were added to Tron according to a dApp report. It now means that a record is on the books.
The total dApps on Tron now is more than 463. Furthermore, the number of daily users increased by 20,000.
The number of #Dapp on #TRON grew slightly this week. 16 Dapps were added this week and the total number of Dapps was 463. DApp's DAU increased by nearly 20k this week, and other indexes remained stable. #TRX $TRX https://t.co/pAfvWZorU8
— Justin Sun (@justinsuntron) June 8, 2019
Checking on Tron Competitors
Tron didn’t wake up and found itself on the top. Initially, EOS and Ethereum were ruling the land. With the new regime now, while Tron recorded a 24-hour volume of $11.8, EOS volume was at $9.4 million.
EOS has over 120,000 users, while Ethereum has 12,000 dApp users and had a 24-hour volume of $1.7 million.
Tron looks to get even stronger given the collaborations being made. The Sun-led blockchain’s integration with the Loom network is a significant step. It may not be long before the 11th digital asset takes a position among the top ten. As we write this, after going down by 1.35% in the last 24-hours, Tron price stands at $0.03144 with a market cap of $2,096,456,156.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.