Top Tron (TRX) DApp Overtakes Top Ethereum, EOS Apps

by | Jan 16, 2019 | Blockchain, Cryptocurrency, Cryptocurrency News

Tron | TRX |EOS | DApps | Ethereum | Daily Volume
Tommy Mustache, a leading, self-proclaimed “crypto addict,” took to his twitter account on Sunday and brought forwards a notable industry happening. Mustache revealed that the 24-hour volume of TronBet, a gaming/gambling application touched $25 Million. Mustache cited the data from DApp Radar, and revealed that the Tron based DApp, TronBet experienced a  transactional throughput with over 1.1 billion TRX, valued at $25 million at the time of his tweet, in just the previous 24 hours. https://twitter.com/tommyp408/status/1084686534190653440 Furthermore, he pointed out that “none of the other DApps from EOS [and Ethereum] are even coming close in terms of transaction volumes (dollars).”  Mustache especially mentioned EOS Dice, a project similar to TronBet on the EOS network, saying that the DApp transacted a relatively mere $8.1 million.

TronBet stats on the rise

The statistics went on to become even more impressive on Monday, with DApp Radar data suggesting that the TronBet’s  24-hour volumes have risen to 1.5 billion TRX ($38.7 million). The seven-day volume for the gaming blockchain-based application has risen to a staggering 5.3 billion TRX, valued at $140.1 million, nearly 10% of TRX’s aggregate market capitalization.

In comparison, Etherueum-based IDEX, the blockchain’s most utilized decentralized exchange, posted 1.9k Ether ($241k) in 24-hour volumes and FCK, Ethereum’s leading gambling app posted 4.6k Ether. It seems that as off now Tron is leading the DApp race.

Tron’s Progress report

The CEO and founder of TRON, Justin Sun shared a tweet recently that cited the data from DApp Review, that the network supports 133 blockchain-based applications. He further claimed that with  two or three dapps being added each day, the network will soon be 200 active DApps. Just last week, Tron revealed that they will be launching a BTT token in association with BitTorrent. The asset will be aimed to bolster a “token-based economy around the usage of networking, bandwidth, and storage.” In fact, ever positive Sun went on to claim that this new token will spark blockchain mass adoption. However, a BitTorrent Exec, Simon Morris, a former CSO at BitTorrent explained in an interview with BreakerMag that the amalgamation would “melt” the network. In return, Sun went on to elaborate that BTT integration will be accomplished by a “hybrid approach,” and that the fears are unwarranted. Amidst all this, the niTROn Summit, a TRX-centric event hosted by Justin Sun & crew will be starting on January 17. The two-day event will expectedly see Kobe Bryant, the de-facto king of basketball, the Tron CEO himself and an array of others make keynote presentations.

Read more: Starting February 2019 China Will Be Censoring Blockchain Companies

Arshmeet Hora

The idea of expressing one’s views and reviews through words is beyond intriguing. What started as a creative let out has now become a passion and a profession for Arshmeet K Hora. In her own words ” with every word, every article that I write, my passion towards this medium has grown stronger.”  Arshmeet covers latest crypto news and updates as well as what happening new revolving around Blockchain Technology.

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