- Tron dApps register the largest USD trading volume in the market
- Tron continues to show its network is expanding
The Tron (TRX) ecosystem continues to expand despite a weak situation in the market last week. According to its weekly report, Tron shows that dApps have been registering a very good performance compared with Ethereum (ETH) and EOS.
Tron dApps Continue Growing
According to the dApp report, 16 new decentralized applications were added to the Tron network. That means that the number of total dApps on Tron moved to 463. At the same time, there was a surge in the number of daily users of 20,000. Other indexes related to the network remained stable compared to previous measures.
The most popular dApps were those related to gambling. Indeed, gambling decentralized apps were the top contributors to Tron’s network performance. As reported by dApp review, Tron registered the highest 24-hour volume in USD terms handling $11.11 million in traded volume. EOS had a volume of $9.96 million. Finally, Ethereum has a volume of $7.05 million.
— Justin Sun (@justinsuntron) June 7, 2019
Moreover, the dApp report introduced new decentralized applications, including TronFaucet and ToCandy. TronFaucet is a utility faucet token that provides free tokens to the community.
The application gives 10,000 sun that are worth 0.01 TRX to community members every 10 minutes in order to try the basic utility of different products on the network such as wallets, decentralized exchanges or dApps.
CoinMarketCap shows Tron is the 12th largest digital currency in the market with a price of $0.0299 and a valuation of $2 billion. In the last 24 hours, the virtual currency fell 7.74%.
[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.