TRON Completes the Ninth ERC20 Token Burn as DApps Increase on its TRX Blockchain Network


The TRON blockchain project is among the few that support Decentralized Applications on its network. Today, the TRX altcoin competes fairly well with its competitors in this field of blockchain products.

EOS and Ethereum are the other two platforms that have been built with similar features.

TRON’s Progress with Decentralized Applications

TRON’s network currently hosts over 200 DApps making it a significant contributor to the total market share of this field in blockchain and crypto.

The team’s track record since the project launch is attractive especially from a fundamental value perspective. TRON alone has over 60,000 new users everyday based on recent stats; Ethereum and EOS are yet to meet such numbers as the Apps on them don not attract huge traffic.

Decentralized Application Stats by Dappradar.com

This platform is designed to summarize the data associated to DApps built on popular Digital Ledger ecosystems. Based on information from Dappradar.com website, TRON built Apps dominate the market with three appearing at top ten.

Two of these are gambling platforms namely Crazy Dogs Live and PLAY GOC while the third is a game ‘Epic Dragons’.

EOS built DApps feature majorly in the top ten list of most popular Applications. However, the project is much older than TRON whose existence dates only two years back. Basically, TRON has done an immense improvement on its fundamentals over the course of 2018 with its mainnet highlighting the bearish crypto year.

TRON’S 9TH ERC20 Token Burn

Justin Sun, TRON founder, recently tweeted about the anticipated ERC20 token burn as part of a gradual shift to its own mainnet. The TRX founder shared that;

#TRON completed the 9th #ERC20 token coinburn of 339,707,697.730671 $TRX, we welcome the supervision from our supporters and believers.

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