Tron Dwarfs ETH to Become the Most Active DApps Platform; Registers the Most DApps
It isn’t a secret anymore; Tron development platform is the most vibrant and rightly so, the most preferred choice amongst DApp developers.
The Foundation’s overall contribution in the DApps market has seen developers, in droves, flock to it. And this is much evidenced by the massive growth it has registered over the past couple of days.
The platform’s ecosystem has been doing great lately, and this meteoric rise in acceptance is primarily because TRON DApps has amassed more active users, unlike any other network. On CoinMarketCap TRX cryptocurrency ranks 10th, even though it is increasingly strengthening its position further.
Tron Foundation’s CEO, Justin Sun, spoke after sharing a crucial DApp review report with the Tron community. He revealed that Tron’s significantly larger number of DApps launched along with its super-active user base had no competitor.
According to 2019 H1 Dapp Market Report — by @DappReview, #TRON has the largest amount of new DApps(414). It is 53 more than #ETH(361). Also, TRON has the most active users(710.7K), about 190K more than #EOS(520.9K). #TRX $TRX pic.twitter.com/fjFaz5uuLI
— Justin Sun (@justinsuntron) July 3, 2019
Sun shared the report, released by Dapp.com, a trusted DApp watchdog, on his Twitter. According to his tweet, however, the first half of 2019 had seen TRON register a whopping 414 new DApps, 53 more than ETH’s 361. The tweet also highlighted Tron’s humongous 710.7K active user base, the largest in the DApp industry.
TomoChain and IOST, the two newly launched DApps platforms, according to the report, are fast expanding, even though they both have a long way to go before posing any threat to Tron. But with this latest achievement, Tron now is the 5th biggest coin on CoinMarketCap based on CMC’s Fundamental Crypto Asset Score [FCAS].
Bitcoin, being the highest valued coin today, has the largest FCAS, even though it is just 26 points ahead of the tenth coin, which reportedly has 861. FCAS, meanwhile, aims to offer a comparative index that would be relied upon when measuring the fundamental health of projects. But even without it, Tron’s current position portrays it as a healthy coin.
Tron’s impressive performance across the board isn’t in vain, though. It has already gone beyond block height of 10.47 million even as it's the aggregate amount of nodes operating now stands at 1,328.
This great news aside, however, the ecosystem is hopeful of getting better as Sun-Buffett charity lunch looms. Justin Sun, who is confident of winning the charity lunch with the investments mogul, also expects to tag along a few of his friends in the crypto.
By the time of publishing this article, Tron was worth $0.0320 with $2.14 billion in market cap. Further, TRX had registered a 24-hour trading volume of $860.16 million, despite reporting a 17.7% slump in value the previous week and a further 0.29% slip within the hour.