Tron Dapp Weekly Report: Tron’s smart contracts reach 877 along with an increase in trading volume

2019-5-4 18:00

Tron, the eleventh largest coin on CoinMarketCap, did not make its way back to the top 10 with other major cryptocurrencies. Tron foundation’s effort to promote the coin on the basis of its developments and DApps kept the community updated about everything happening in its ecosystem. The foundation released its DApp report on May 4 and it highlighted the increase in the number of DApps.

Tron’s smart contract count reached 877, a growth by 100, compared to last week. The new DApps entering the Tron ecosystem are majorly gambling apps and increased by 39 just within the past week. The report informed that this growth of DApps caused a surge in trading volume on Tron and the 24-hour trading volume on it reached 505,000, a 33% growth since last week.

The report notified the community about two games, Tron Jedies, and 0xWarriors, which has been quite popular among the DApp users. The report elaborated on how users can play the game and move forward in the games. These games could be multiplayer or single player games and are based on different means of earning points/gems. Tron has deployed Chainsguard, security expert to fix compiler vulnerabilities; it was also used by EOS and Ethereum too in the past.

Tron did not face any major price fluctuation after the pump on May 3. Tron was valued at $0.0238 with a market cap of $1.58 billion. The 24-hour trading volume of the coin was noted to be $733 million as it fell by 1% over the past day. In the past seven days, the coin has reported a rise of just 0.96% but continued to face a downfall by 0.06% within the past hour.

The post Tron Dapp Weekly Report: Tron’s smart contracts reach 877 along with an increase in trading volume appeared first on AMBCrypto.

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