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Biggest Cryptocurrency Ecosystems: Ethereum, Omni, Tron, and More

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Sun, 16/06/2019 - 18:00
Biggest Cryptocurrency Ecosystems: Ethereum, Omni, Tron, and More
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In its latest study, cryptocurrency research firm DataLight examines the biggest cryptocurrency ecosystems. Ethereum, which boasts an eye-popping $12.2 bln ecosystem is in a clear lead with 1,193 projects under its belt.

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The two biggest ecosystem

Top put this into perspective, Maker, the most successful Ethereum-based cryptocurrency,  alone has a market capitalization of $736.5 mln, which is higher than eight out of ten ecosystems on the list. The same is true for BAT and Crypto.com Chain – both of these projects are on the CoinMarketCap top 30 list.

Omni Layer is a meta-protocol that is built atop of Bitcoin. While the ecosystem has six projects, USDT Tether, the flagship stablecoin, is almost fully responsible for its $3.2 bln market cap. Omni (OMNI) is worth slightly more than $1.2 mln.

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Tron, NEO, and more

Similarly to Omni, the Tron ecosystem is also a one-coin band. BitTorrent, the native token of the legendary P2P file sharing protocol of the same name, has a market cap of $350 mln. This alone makes Tron the third largest ecosystem.

NEO, Stellar, and NEM are also among the top five biggest ecosystems. Notably, EOS, the sixth biggest cryptocurrency, has a rather tiny ecosystem with Everipedia, the Blockchain-based encyclopedia, being the only notable project that operates on its platform.

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