Tron’s Crazy Growth, Dapps See A 207% Increment On Weekly Transaction Volume
The 10th largest cryptocurrency by a market cap of $1.4 billion is seeing a lot of developments and growth lately. Recently, Tron released its new upgrade while working on getting the institutional interest. Earlier we reported BTT will be up for test mode for its millions of user base while Tron gets live on the C2C market of OKEx exchange.
DappReview, a platform that reviews Dapp data, user insight and market analytics took to Twitter to share this tidbit with the crypto community.
“TRON Dapps acquired 33K new users over last week, a 64% growth!”
As per the statics shared, Tron saw the highest growth from 20014 users to 32859 users during the last week followed by ETH and EOS.
Meanwhile, in terms of weekly transaction volume as well, Tron left both of these top cryptos behind. An increase of 207 percent has been seen in the volume of Tron Dapps surpassing EOS and ETH here as well. Where Tron saw a whopping 207 percent increment to $180 USD million, EOS only saw a surge of 28 percent in transaction volume at $102 million USD and a mere 9 percent increase registered by ETH at $24 million USD.
As for the Tron Dapp that contributed to this rise has been TRONbet and 888Tron that lead to the volume of $43 million USD on March 6 as reported by DappReview.
“TRON Dapps has a crazy week with 43 Million USD volume on Mar.6. It's the record HIGH in 2019 across all the public chains. The big contributor is TRONbet and 888Tron.”
Tron is constantly breaking records to make new targets. With the way Tron Dapp ecosystem is growing, looks like instead of competing with EOS and ETH, it is competing with itself working on beating its own records.
Meanwhile, on the price front, Tron is trading at $0.022 with 24-hours loss of 2.35 percent, at the time of writing. In the BTC market as well, it is in the red by 0.64 percent, as per the data provided by Coinmarketcap.