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Tron is just 40 DApps away from beating EOS

Biraajmaan Tamuly

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Despite entering the Dapp sphere fairly late, Tron Foundation has come a long way. Tron foundation shared a DApp report with the community revealing its progress. Tron foundation CEO Sun shared the report with his 1.6 million Twitter followers. The tweet read,

“According to @dapptotal1, the number of #TRON #DApps reached 561 last week. Both the number and the volume of transactions picked up from last week. And the number of smart contracts stood at 1,410. #TRX $TRX”

According to the report, the foundation witnessed an increase in the number of DApps while the number of smart contracts exhibited steady development.

However, as per DApp review, Tron sheltered 578 DApps in its network while EOS had about 618 DApps on its network. Regardless of its late entry into the DApp space, Tron is only 40 DApps away from surpassing EOS. Nonetheless, in terms of daily users, volume and transactions EOS was seen dominating the DApp space while ETH was seen lagging far behind.

Additionally, the price of Tron’s native coin, TRX also seemed to be increasing by 3.50% in the last 24-hours. At press time the fourteenth largest coin was valued at $0.0159 with a market cap of $1.06 billion.

In other news, the foundation revealed that Tron Wallet has been released after a new update. The update was shared via Twitter.

Biraajmaan is a full-time journalist at AMBCrypto covering the US market. A graduate in Automobile engineering, he writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.