Tron and EOS Surpass Ethereum in dApps and Daily Transaction Volume: What’s Going on?
It seems that EOS and TRON (TRX) dApps are surpassing those of Ethereum. According to the Twitter user Kevin Rooke, EOS and TRON surpassed Ethereum in the number of users and funds transacted on the most popular dApps on each network.
On Twitter, he mentioned that EOS had 12,382 users, TRON 2,578 and Ethereum 2,133 users. At the same time, he showed that EOS managed $1.4 million daily transaction volume, TRON handled $5.5 million in daily transaction volume and Ethereum was able to manage just $461,000 daily transaction volume.
The top 3 dApps on…
$1.4 million daily tx volume
$5.5 million daily tx volume
$461,000 daily tx volume
TRON and EOS dApps have both flippened ETH dApps. 🤯 pic.twitter.com/BcgvanjtWx
— Kevin Rooke (@kerooke) November 27, 2018
According to dApp radar, IDEX, the most popular dApp on Ethereum, handled just 997 users in the last 24 hours. It has also had a trading volume of 4,343 ETH ($534,000). Fork Delta is the second most important dApp on Ethereum. It had 677 users in the last 24 hours and a trading volume of 1,053 ETH ($129,000). Both applications are decentralized exchanges.
The situation looks different on EOS. The Royal Online Vegas dApp handled 6,256 users in the last 24 hours and registered a trading volume of 684,115 EOS ($2.27M) during the same time. The second largest dApp on EOS, EOS Knights had 3,978 users in the last 24 hours and a volume of 3,794 EOS ($12,634)
TRON’s largest dApp, TRONDice, registered 2,800 users and a volume of 21,912,000 TRX ($334,311) in the last 24 hours. The second largest dApp, TRONbet, registered 1,383 users and handled 294,976,207 TRX, equivalent to $4.48 million dollars.
This shows that there is real growth around other virtual currencies and blockchain platforms such as EOS and TRON. Both companies are expanding in the market and Ethereum seems to be lagging behind in terms of usability and developments.
It will be necessary for Ethereum’s developers to start implementing scaling solutions if Ethereum wants to continue being relevant in the cryptocurrency and blockchain worlds.