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Tron Exceeds 2.3 Mln Accounts, DApp Number Hits 246: Tron Weekly Report

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Fri, 04/05/2019 - 13:01
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    Tron has been growing as a decentralized platform for dApps, taking over Ethereum’s place; recently Tron has also been getting more and more new user account

Cover image via U.Today
Contents

The recently issued weekly Tron report offers some good news – the amount of user accounts has gotten over the threshold of 2.3 mln, and the number of dApps running on Tron totals 246. Justin Sun shared the report on his Twitter account on Friday, April 5.

However, there are other milestones that Tron can boast by now.

Users spend big money on Tron dApps

The recent data from DappReview shows that over the last 24 hours, users have spent around $11 mln (slightly over 470 mln in TRX) on Tron-powered dApps. As U.Today reported recently, those are mainly related to gambling and other ‘high risk’ activities, though.

Various sources assume that users spend around $100 in TRX daily.

As of late, Tron has proven to be a fast growing platform in the crypto sphere, getting ahead of its rivals, like Ethereum or EOS. Tron’s report is available here.

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Tron’s still out of the top 10 list

However, Tron’s market cap does not seem to be growing quickly. First it was pushed back to position #10 on CoinMarketCap and then, recently, Cardano (ADA) replaced TRX in spot #10, then went further up the top-ten scale. Tron currently resides in place #11.

Justin Sun does not seem to be bothered about it, as he said in a CNBC interview recently. He pointed out that Tron’s focus at the moment is technological development. As for the market cap value, he called it merely the ‘surface of the business’.

Tron does not go unnoticed by the community. Some believe it is the successor of Ethereum, some reckon it is just another scam – a successful and a long-running one.

Tron’s still out of the top 10 list

Source: CoinMarketCap

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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