EOS Sets a Record of Processing over 87 Million Actions in a Day, Beating Tron, Bitcoin, & Ethereum

EOS broke the record of highest actions processed by a blockchain in a day beating the top cryptocurrencies like Bitcoin and Ethereum and the likes of Tron which is constantly making new records.

According to the latest records, EOS claims the first spot by processing 87.2 million actions in a day. However, since then the activity today has dropped down to 20 million as per the data provided by Bloctivity. Even at this figure, the highest record has been made at just above 12 million by project TLOS.

Daniel Larimer, the CTO at Block.One, the company behind EOS shared this update with the community on Twitter.

#eos recently set a record of over 70m actions processed in one day. An average of over 810 actions per second. Our team is making great strides in further optimization and scaling. #B1JUNE

— Daniel Larimer (@bytemaster7) April 6, 2019

At 6th spot is another of Larimer’s project Steem that is currently processing over 1 million actions while having a record of 2.5 million.

As a way to get closer to the real value, Blocktivity observes the activity on the blockchain to determine which project is actually being used by the people.

With over 1.4 million activities processed, Tron is at the fourth spot with a record of 4.3 million. Bitcoin and Ethereum are at the 7th and 8th position with a record of 1 and 1.3 million actions respectively processed in a day.

What if #Bitcoin could flow onto #EOS and transact nearly free and nearly instant, while becoming programmable and scalable

— Brendan Blumer (@BrendanBlumer) April 7, 2019

EOS Up 113% YTD

When it comes to price, the 6th largest cryptocurrency by market cap of nearly $5 billion is currently sitting at $5.43 with 24-hours gains of 326 percent. In the BTC market as well, it is up by 0.17 percent, as per the data provided by Coinmarketcap.

EOS price 5-days chart, Source: TradingView

Amidst the ongoing rally in the crypto market, EOS went from $4 to the highest point at almost $6 on April 4th. Till now, in this year, EOS has more than doubled with 113 percent gains while being down 76 percent from its all-time high.

The highest percentage of EOS volume traded has been on FCoin exchange for EOS/USDT pair that amounts to 5.43 percent followed by OKEx for EOS/USDT pair and on Bibox for EOS/ETH trading pair.