Tron’s [TRX] DApp dominance over Ethereum [ETH], EOS put on show as 3-month growth rate is calculated

2019-6-7 02:30

Tron [TRX], the Justin Sun-led cryptocurrency, has had a rollercoaster of a bull run, with the coin climbing into the top 10 club for a short stint, before dropping out within a few hours. Despite this setback, Tron has seen a marked shift with respect to Decentralized Application [DApp] development, offsetting the hold held by the Vitalik Buterin-led Ethereum and EOS.

The latest analysis by DApp review shows that over the past three months, Tron has added 223 DApps into its ecosystem, a 92 percent growth that saw the number of DApps jump from 242 to 465. Its closest competitor was EOS, which recorded 117 DApps being listed in its roster, completing a 27 percent hike in the number.

Sun has always made it a point to inform users that Tron will perform better than Ethereum and that seems to have paid dividends in the DApp ecosystem. Ethereum included 186 DApps to its blockchain over the past 3 months, and its 11 percent growth paled in comparison to Tron’s 92 percent.

Tron has had its fair share of critics with Aman Bains, a cryptocurrency enthusiast commenting,

“The standard of dapps on tron is so dull it is making blockchain look legacy technology.They need to focus more on quality than quantity. The exit scams on tron like daily whales ? Y no action was taken by Justin sun was he too busy making chicken hongkong for his dinner with WB.”

Tron’s DApp prowess has been on show for the past couple of weeks now and this was also exhibited by the organization’s weekly reports. DApp review had also pointed out that Tron’s dominance was not just exclusive to the number of DApps, but also extended to its growth rate. The Tron Foundation tweeted,

“According to @dapp_review, as of May 27, new #Dapps on #TRON #Blockchain accounts for 31.4%, which is the fastest growing one compared with new #Dapps of other chains in last week. #TRX $TRX”

The post Tron’s [TRX] DApp dominance over Ethereum [ETH], EOS put on show as 3-month growth rate is calculated appeared first on AMBCrypto.

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