As days go by, Tron, one of the most exciting projects in the space of cryptocurrency, despite the recent fall in the ranking list, continues to keep getting stronger and popular among dapps users and developers by achieving astonishing landmarks that any cryptocurrency would wish to obtain.
According to Misha Lederman, one of the prominent supporters of Tron, a record amount of money is being spent on Tron dapps in the past couple of days. Users have spent $31 million on dapps built on Tron’s blockchain, which is double the amount spent on its rivals’ (Ethereum and EOS) dapps combined. He broke this remarkable news on twitter yesterday. The tweet reads:
#TRON DApp volume & transactions keep growing📈#TRX users spent $31 million USD on DApps yesterday, far more than double the amount spent on #EOS & #ETH DApps combined
The highest ever number of transactions on TRON DApps was also recorded, surpassing 2 million txs$TRX $BTT pic.twitter.com/fB6xQ43SW8
— Misha Lederman (@mishalederman) March 14, 2019
It is worth noting that there are almost 255 daps operating on the Tron’s blockchain at the moment.
News of the Day
It is that time of the week when Tron publishes its weekly report on the Dapps running on its blockchain. Justin Sun, the Chief Executive Officer of Tron, just like every time, didn’t miss the opportunity in letting Tronics (the TRX community as he calls them) know about the notable achievements the foundation has marked in the past week.
Using Twitter, Justin Sun delightedly mentioned about the Dapps’ exceptional performance from last week, where $17 million in terms of trading volume, in average, have been processed through the whole week, which is more than its rivals, Ethereum and EOS even when calculated combined. His tweet on the subject reads:
TRON #Dapps are exceptionally outstanding, with a daily average trading volume of over $17 million in the past 7 days, overtaking #EOS and #ETH, #TRON has become a public chain of Dapp ecosystem with the largest trading volume. #TRX $TRX https://t.co/gc3ufp9p7U
— Justin Sun (@justinsuntron) March 15, 2019
The report also mentioned the significant growth in the trading volume and daily active users (DAU), in lights of the recent recovery the crypto market is demonstrating at the moment. Current positive information exhibited by the market has kindled the interest of people for decentralized applications (Dapps).
Not too long ago, Tron’s account number reached to the mark of 2 million and still growing leaving far behind EOS and Ethereum in the same respect. That signals about the popularity Tron is attaining among the Dapp users choosing it over its presumed competitors for their public chain experience.
Tron’s weekly dapps report published on the medium has also shed light on the extraordinary performances of the two recently launched dapps on the Tron’s ecosystem, Tron Shrimp Farm and Ant Farmers.
Both of these decentralized applications recorded massive daily active users in merely two to three days since they got launched with former application reaching a DAU of 30,000. The feat is believed to be achieved because of the timely return of the high-risk ROI dapps.
Although the Tron’s Dapps ecosystem is still in its early days and much more needs to be done for securing the top spot in the market ladder, but seeing the growing interest among the community for the decentralized application being developed on the Tron, there are chances that the foundation introduces 2000 dapps (currently the total number is 243) as this year, 2019, ends.
Consequently, that won’t be a surprise if it happens because if we look at the strides in the Dapp sector, Tron definitely is pushing itself at the leading front quickly.
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.