The cryptocurrency market has undergone a significant shift in character after the latest bull run that caused the price of the coins as well as their market cap to increase significantly. One beneficiary of this market phenomenon was Tron [TRX], as the cryptocurrency was given a boost in its mission to conquer the DApp world. Justin Sun, the Chief Executive Officer [CEO] of the Tron Foundation recently tweeted:
“According to @dapp_review, #TRON #Dapp 24h volume has reached $11.8 M (355M #TRX) which already surpassed that of #ETH and #EOS. #TRON onward.”
The analysis by DApp review showed that the top 12 DApps on the Tron blockchain generated a user count of more than 42,000 in a 24-hour cycle. Just as earlier reports had shown, gaming DApps dominated the Tron blockchain over the usual suspects like gambling applications. Tronbet generated almost 70 percent of the total $11.8 million 24-hour volume, contributing $8.923 million.
At the same time, Ethereum clocked in approximately 12,000 users on its Dapps, which was just slightly more than a quarter of Tron’s haul. Ethereum DApps also generated a 24-hour volume of around $4.5 million with the biggest contributor being FCK with $1.713 million.
EOS, which had dominated the DApps scene before Tron went full throttle surprisingly had the highest number of users among the three, with more than 120,000 users on the platform. Despite this advantage, EOS DApps only generated a 24-hour volume of $9.4 million, still lesser than that of Tron’s.
Tron added another feather to its cap recently when the Foundation announced its integration with the Loom network. Tron’s official statement said,
“Today we’re proud to announce that the TRON integration is officially live - making this the second chain we’ve integrated into PlasmaChain after Ethereum.”
Tron’s DApp dominance was put on show earlier too when research stated that Tron was the fastest growing commodity when compared to Ethereum or EOS. Tron reportedly added 60,000 users while Ethereum and EOS added 25,000 and 9,000, respectively.
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