The 12th largest cryptocurrency Tron is making a lot of headway when it comes to Dapps as it accounts for 20+ with the number of Dapp users increasing as well on its network while expecting 80+ more in next month, as per CEO Justin Sun.
Dapp Growth Explosion on Tron: 80+ More Dapps in Pipeline for Next Month
Tron is making serious development over the last few months which its founder and CEO Justin Sun doesn’t forget to put across the media and in the crypto space.
Lately, Tron has been working on the Dapp growth on its platform as it already accounts for over 20 Dapps just after one month of its Tron Virtual Machine (TVM) release. Not just this, the growth is further expected to explode as stated by Sun on Twitter:
Today is November 27th 2018. One month after #TRON release #TVM. According to @DappRadar and @dapp_review, there are 20+ dapps built on #TRON. In December, we are expecting 80+ more dapps coming in the pipeline! 400% growth next month! #TRX $TRX
— Justin Sun (@justinsuntron) November 27, 2018
Tron has been increasing the performance of its network by focusing on Dapp development and further improving its Dapps products. Tronbet, one of the Dapp on Tron, is seeing better performance than that of Ethereum’s IDEX.
A few popular Dapps on Tron network are TRONDice that is soon going to initiate its first profit dividend campaign, TRONbet, a provably-fair gaming platform, CoinFlip among others.
Source: https://tron.app/stats
Recently, Tron started with its Dapp weekly report to help other developers and partners to build on Tron. According to the latest data as per Tronscan.org, in the last 24 hours, 916k transactions have taken place with 24 hour TRX volume of 346,436k.
Source: https://tron.app/stats
With over 4,000 daily Dapp users, it is going in an upward direction as shown in the graph below,
Source: https://tron.app/stats
Meanwhile, Tron is trading at $0.0125 while registering 24 hours greens of 8.40 percent. The 12th largest cryptocurrency as per the market cap of $827 million is managing the daily trading volume of about $66 million.
Will Tron beat Ethereum as popular Dapps platform? Let us know in comments
Sunil is a serial entrepreneur and has been working in blockchain and cryptocurrency space for 2 years now. Previously he co-founded Govt. of India supported startup InThinks and is currently Chief Editor at Coingape and CEO at SquadX, a fintech startup. He has published more than 100 articles on cryptocurrency and blockchain and has assisted a number of ICO’s in their success. He has co-designed blockchain development industrial training and has hosted many interviews in past. Follow him on Twitter at @sharmasunil8114 and reach out to him at sunil (at) coingape.com
