0
📰 News
591 views

Tron Users Have Left $31 Mln on DApps, Justin Sun Expects to Add 2,000 DApps in 2019

  • Alex Dovbnya
    📰 News

    🗂️📌Analysts report that Tron is becoming the leader in the dApp industry, outperforming Ethereum and EOS


Tron Users Have Left $31 Mln on DApps, Justin Sun Expects to Add 2,000 DApps in 2019
Contents

The Tron (TRX) blockchain seems to be getting so popular among dApp users and devs that the other day they spent a total of $31 mln on dApps on it. This happened just a couple of days after Tron announced that it has crossed over the line of 2 mln user accounts, which is basically two major milestones taken one after another.

Two successional milestones with dApps

At the end of the first week in March, Tron recorded transactions for over $46 mln compared with Ethereum and EOS, which by that time had $2 mln and over $11 mln, accordingly.

This continued until Wednesday, when the volume of transactions on Tron dApps soared once again, and Tron made more than $31 mln against the aforementioned figures of its major rivals.

Misha Lederman, a prominent Tron supporter, reports that this exceeds double the amount of user funds spent on Ethereum and EOS dApps together.

A record amount of money spent on Tron

The situation for Tron has gotten so good that users spent around $31 mln in total on Wednesday. At press time, there are nearly 255 dApps functioning on the Tron blockchain.

👉MUST READ

Tron (TRX) Reports 27 Mln More Daily Operations Than ETH and EOS Do Together

Tron (TRX) Reports 27 Mln More Daily Operations Than ETH and EOS Do Together

After this event, Tron reportedly publicly promised to give the basis for at least 2,000 dApps by the end of 2019. Its reps also pointed out that the process of adding new dApps is going much faster than they expected.

Justin Sun on the short-term prospects of crypto

Speaking on Wednesday to CNBC, the head of the Tron Foundation expressed a positive opinion when asked if crypto will be considered a massive investment tool in the future.

Justin Sun

Sun pointed out that since heavyweights such as Facebook and JP Morgan are trying to launch their own stablecoins, the situation looks promising, given that these two giants will most likely attract even more investors to the industry – both ordinary and institutional ones – and will contribute to mass adoption of crypto.

As for the TRX market cap, he said that it is not a high-priority focus at the moment, since for Tron it is much more vital to concentrate on technological and development issues.

Cover image via u.today
The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an 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.

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings