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You are here: Home / Cryptocurrency News / Tron (TRX) / Tron (TRX) Dapps Show No Signs of Slowing Down

Tron (TRX) Dapps Show No Signs of Slowing Down

By Naveed Iqbal | Edited By Ali Qamar,March 18, 2019, 11:35 AM

Tron

Tron (TRX) is on fire!

The highly anticipated crypto project, Tron (TRX) which aims at building a decentralized internet as well as content entertainment system via the issuance of the smart contracts as well as the development of decentralized applications (dApps), is winning the Dapp ecosystem clearly.

Tron Dapps Ruling the Dapps Industry

Amid the bearish crypto market, it seems TRON users are optimistic. It’s now becoming more evident that Tron blockchain is getting popular among the dApp users as well as developers.

✍🏼 Official#TRON has beaten the world record in dollars spent on decentralized applications on a blockchain in 24H#TRX users spent $91 million USD on DApps on March 15!

TRON is now the world’s no 1 blockchain in terms of volume

What an accomplishment 🙏🏽#IAmDecentralized🖖🏽 pic.twitter.com/7ub8zJ334l

— Misha Lederman (@mishalederman) March 16, 2019

On last Friday, it was just the other day that the users spent $91 million on dApps. Overall, Tron’s Dapp ecosystem is on substantial growth in terms of both users as well as transactions volume. The rapid growth now means that Tron has taken the bragging rights from its close rivals Ethereum and EOS.

Beating Own Records

Before hitting 91 million USD, Tron Dapps hit 31 million USD mark. The 10th largest cryptocurrency by the market cap then recorded a new world record in dollars spent on dApps on a blockchain in 24 hours.

According to a prominent Tron supporter, Misha Lederman, TRX users spent $91 million on Dapps on March 15. The milestone achieved by Tron exceeded double the amount of user funds spent on rivals EOS and Ethereum dApps combined.

The news has come in the wake of Tron exceeding 2 million user accounts. The growth is indeed exponential given the newness of the Tron MainNet as well as the fact that Tron network took about 181 days to get to its 1 million users and only 68 days getting to the next 1 million users.

🗓️5 months & 5 days

That's how long it took for #TRON to dominate the blockchain DApp space since activation of TRON Virtual Machine on Oct 12 until #TRX users broke the world record in DApp volume with over $141 million USD

TRON – The Gold Standard of DApps#IAmDecentralized pic.twitter.com/5I4Y7444ht

— Misha Lederman (@mishalederman) March 16, 2019

Tron (TRX) is continuously breaking records and making new targets. With the state at which the Tron Dapp ecosystem is growing, it’s hard to deny that instead of intensifying competition with ETH and EOS, it’s competing with itself and working to beat its records. With 2,000 dApps reportedly to be added by the end of the year 2019, the growth of Tron (TRX) dApps is not slowing down any time soon.

Image courtesy of Pixabay.

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.

Filed Under: Tron (TRX)

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