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Tron Has The Fastest Growing Rate of All Dapp-oriented Blockchains

TRON TRX ALS Association

The Tron ecosystem keeps growing. Justin Sun’s efforts to
position his blockchain as one of the most popular options among developers are
yielding good results because at the time of writing the article Tron is 3
listings away from reaching the target of 400 registered dApps.

Ethereum World News follows these statistics because at the beginning of 2019, Justin Sun announced his intention to make Tron the main platform for dApp development within the ecosystem. Also, Justin Sun’s intentions to memorialize Ethereum may be more than just a joke

Tron Has Less Dapps Than Ethereum and EOS, But It Has a Faster Growth Pace

According to DappReview, Tron has 397 dApps successfully released. A few weeks ago Tron’s growth rate was approximately 2 dApps per day, however this frenetic growth seems to have stabilized.

Tron has 397 dApps according to dappreview.com

Despite the significant expansion, Tron has a long way to go to meet Justin Sun’s goal. For now, the undisputed “dApp Champion” is Ethereum with over 1700 dApps supported.

Ethereum has 1724 dapp listed according to dappreview.com

Second is EOS with an important advantage, 498 dApps listed on the platform, however, its growth rate is a little slower than that of Tron.

EOS has 498 dapp listed according to dappreview.com

It is important to note that the numbers also show the level
of ecosystem immaturity. Although there are hundreds of dApps to track, a
significant number of these have recorded no transactions in the last 24 hours.

However, despite the negativity that these figures may produce, active Dapps move several million dollars each day, showing that there are successful use cases in the ecosystem.

Tron and its TRC-20 USDT Survived the (new) Bitfinex Scandal

Despite the Bitfinex scandal, in which USDT was fraudulently used to manipulate markets, Tron has been able to remain stable, actively competing with Cardano for the #10 spot on the global marketcap.

Recently, Tether announced that it would begin a migration process from Omni to the Tron blockchain as it is a more efficient blockchain. Currently, more than 4.5% of the total USDT circulating in the market is composed of tokens running in Tron.

For now, TRX has maintained a relatively stable trend, with a marketcap of $1.5 Bn. Each token has an average price of $0.023532 according to Coimarketcap.

Tron (TRX) weekly performance. Courtesy Coinmarketcap

The post Tron Has The Fastest Growing Rate of All Dapp-oriented Blockchains appeared first on Ethereum World News.

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Tron (TRX) Single Day Transaction Increased By 741%, Other News Confirming Its Awesomeness

Tron (TRX) has come again to the crypto space to show its remarkable achievements in various areas two months after its Independence Day. The cryptocurrency flaunts that its daily transaction has increased by 741% since July.

In a notification message sent to Tron community today, Tron Foundation made known that account numbers as at 29th of August on the Tron network is 282,859, signifying that it has increased by 1,431% when compared with July.

Tron furthered that account numbers on the platform compared with when the Mainnet was launched increased by 46,500% since June 25.

However, when compared with Tron’s accounts on Ethereum, it has increased 11 times. Interestingly, Tron account is now at par with EOS.

Daily Transaction On The Increase

Tron reached 416,497 single day transaction peak on the 26 of August, a massive 751% increase since July. When the single day transaction is compared with when the Mainnet was launched, it has increased by 13565%.

Meanwhile, Tron’s single day transaction is 46 times when compared with that of Ethereum. At the moment, Tron network’s single day transaction has 31% that of Ethereum.

The cryptocurrensy said in terms of decentralization it is doing way better than Ethereum and Bitcoin.

Competition Between Tron And Ethereum

Tron has the intention of outperforming Ethereum network in every way possible. On the 26th July, Justin Sun the Co-Founder of Tron compared Tron’s network to Ethereum, saying it is 80 times faster.

He tweeted: “TRON is 80 times faster than Ethereum. With 14 years of experience, @BitTorrent is providing a world-class service to 100 million users in 138 countries. Add the two together and you get the largest and most advanced peer-to-peer network in the world! #TRONBT $TRX”

Justin had earlier dropped a weighty information on Twitter claiming Tron is now better when compared with its stay on Ethereum network. Although the criticism received myriads of remarks, in fact, Ethereum’s Vitalik Buterin also teased the cryptocoin.

Not long, Justin Sun released a picture showing why Tron is better than Ethereum.

He tweeted: “Why #TRON is better than #ETH: 1. 10000TPS vs. 25TPS 2. zero fee vs. high fee 3. consistent Coinburn vs. no coinburn 4. Java vs. Solidity 5. strong extensibility vs. no ex. 6. 1 billion USD developers rewards vs. no plan 7. 100 million users vs. small number #TRX $TRX pic.twitter.com/WvxH5EToa8

Girl in a jacket

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