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Home Altcoins

TRON Active Addresses Grows By 4,452%, Records 4x Ethereum Dapp Active Users

TRON Presents 2X Active Dapp Users than All Other Blockchains Combined

by Khalid Lawal
August 27, 2020
in Altcoins, Cryptocurrency, General News
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Providing users the best experience with profound technology has been at the heart of TRON Foundation, and the latest report from Dapp Review indicates that TRON remains steadfast on this path.

According to information shared by CEO Justin Sun, the number of Dapp active addresses on TRON blockchain network reached a milestone that places it 4 times ahead of Ethereum.

Similarly, an avid TRON community member, Mike McCarthy, also reported that this year seems to be a year of active address for TRON blockchain.

He stated that this year, TRON has seen 4,452% growth in its active addresses, indicating that the blockchain network is growing at a speedy rate. McCarthy backed his assertion with a graphical illustration that shows the growth trend of TRON active addresses since the start of the year.

mike mcCarthy TRON active addresses

However, Ethereum, which also saw sizeable growth, only recorded 123% growth in its daily active addresses year-to-date.

The TRON community member averred that the metric is a tangible indication that affirms that TRON is growing faster than Ethereum, he added that users prefer a functional and operable platform.

TRON Presents 2X Active Dapp Users than All Other Blockchains Combined

TRON dapp users have, in two folds, surpassed that of all blockchain network combined, millennial Chinese descent entrepreneur Justin Sun said while reporting the progress of TRON in the Dapp sector. The CEO quoted Dapp tracker platform Dapp Review as the source of this information.

Sun also said TRON ranked top as the blockchain platform with the highest number of Dapp users, presenting over 170,000 active users, this value is 4 times larger than that of Ethereum (40,133), and 8 times bigger than the 19,532 active users recorded by EOS.

According to the data, other blockchain networks had a combined Dapp active users of 90,175, about half of TRON’s.

Justin sun TRON dapp users

However, the CEO of TRON acknowledged the growth as something tangible. He said the team will continue to work fervently to offer Dapps users in the TRON ecosystem highly scalable, throughout, functional and useable technology.

Earlier, it was confirmed that TRON’s DeFi project that lets people use TRX as collateral in getting USDJ, JUST, also recorded tangible growth recently.

Collateralization with TRX increased by 20% within 24 hours, and USDJ supply also increased by 243%.

Tags: EOSEthereumTRONTron (TRX)Tron NewsTron TRX NEws
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Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

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