Tron investors have every reason to smile. With each passing day Tron molds into becoming the top popular blockchains in the cryptocurrency space.
Overall, the Tron ecosystem is on the rise, has all eyes to move as high as possible in the market cap rankings. Tron founder and CEO Justin Sun with all his efforts seem to be yielding positive results as 400 dApps now have been built on Tron already.
The New dApp Milestone
While the crypto market is dealing with the stressful Bitfinex-Tether events, TRON is standing still and showing persistent progress among the top 10 cryptos.
According to Dapp Review, a website which tracks blockchains apps across different platforms, more than 400 (407 to be specific) dApps are created on Tron blockchain now.
Tron has hit the new milestone in just less than 200 days since the launch of Tron Virtual Machine – an operating system build by Tron to help in building a bigger and better ecosystem.
#TRON hits new record in daily DApp users on @dapp_review:
88,928 users on April 30
With 407 decentralized apps live on https://t.co/NOiHq5tOGz, TRON's user base is growing daily & will soon surpass 100k
The full potential of #TRX is only starting to show…#IAmDecentralized pic.twitter.com/UDA74Qs6zB
— Misha Lederman (@mishalederman) May 1, 2019
A day rarely passes without Tron foundation making a new development and partnership, and with having hit 400 dApps, the Sun-led blockchain is undoubtedly ticking the boxes to becoming the best crypto project in the space.
EOS within Range and Ethereum to Watch Out
Tron is running the dApp sphere show at the moment, and although it has fewer dApps than both Ethereum and EOS but with the rate at which it’s currently growing, it will be a matter of time before it takes the overall dApp bragging rights.
Currently, Tron is breathing at the back of EOS which is second with 498 dApps on its platform. Interestingly, the rate at which Tron dApps are growing is lightning compared to that of EOS suggesting that it won’t be long enough before Tron overtakes EOS.
It’s only a week ago when Justin Sun announced Tron dApps to have exceeded 300 and the fact that currently there’re 400 now already, surpassing EOS at second place looks just a breath away.
As much as Ethereum has 1700 dApps supported, it must be looking behind with fear watching the pace at which Tron is climbing the radar.
Moreover, Tron has had a series of recent achievements including the latest addition to a giant exchange Huobi Global which added Tron-based futures contracts – it became the seventh crypto added to the exchange.
Subsequently, Tron now occupies 4.5% of all USDT and still going strong each passing day. Also, there is the case of an invitation from Liverpool FC that seemed to be a possible partnership (no official announcement yet, though).
Nevertheless, Tron is maintaining a stable trend which means it will continue to grow its dApps each day, and who knows soon Ethereum may lose its dApps position once and for all.
Image courtesy of PixaBay.
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