Tron’s TRX Blockchain Transactions Now Outpace BTC, ETH And XRP With Daily Performance
The Tron Mainnet entered the cryptocurrency world at the end of May, and they have been functioning without any problems since they launched the Genesis block soon after. Accounts have continued to accrue since then, now boasting over half a million users, so it should not come as a shock that they have been surpassing the performance of Bitcoin’s, Ethereum’s, and XRP’s networks.
TRON reaches its highest daily transaction volume since MainNet launch:#TRON: 901,408 Txs/day
These numbers are the fruits of hard team work, deadlines kept, instant transaction speeds, minimal fees, DApps live, #TVM & #crypto’s strongest community$TRX – Your House of DApps pic.twitter.com/odLq4FIS30
— Misha Lederman (@mishalederman) October 26, 2018
Misha Lederman, a major member of the Tron community, was the first to see that TRON had exceeded the networks’ performances. On Twitter, he posted, “TRON's Daily Transactions vs Top 3 Cryptos on Oct 24,” providing the following list:
- #TRON $TRX: 795,834 Txs
- #Bitcoin $BTC: 254,091 Txs
- #Ethereum $ETH: 532,709 Txs
- #Ripple $XRP: 389,701 Txs
Upon checking the transactions later, the updated numbers, according to Ethereum World News on October 26th, are as follows:
- Tron = 901,408 Txs
- Bitcoin = 259,638 Txs
- Ethereum = 537,236 Txs
- XRP = 385,276 Txs
The Tron Virtual Machine was launched on October 12th, opening the door for smart contracts to flourish, reaching a value of 193. So far, there has been an average of 251,000 transactions since TVM opened. The smart contracts are supporting the dApps on Tron’s platform, including TRON Bet, which is a wager-based game that has been used approximately 1 million times. So far, there have been 665 million TRX won from it.
There has yet to be a day that the Tron Mainnet has not proven itself, and it is easy to see how much further they have reached in their short time, especially in comparison with older networks. As new dApps are developed, experts believe the transaction volume will continue to grow and become commonplace for the crypto community.