EOS (EOS) is becoming outstanding. The cryptocurrency since it decided to stay out of the Ethereum network has been doing fantastic.
At the moment, EOS DApps now have more daily users and weekly transaction volume than the whole of ETH DApps, which earlier house everything that belongs to EOS prior to its mainnet launch.
Now, EOS 7-day total DApp volume is $48,921,939 (9,372,019 EOS), while that of Ethereum is $26,685,100 (130,000 ETH). In the same vein, EOS 24h total DApp users seats at 11,428, while that of Ethereum is 10,562.
Many a number of platforms have complained about Ethereum’s slow and limiting platform, the reason may of them depart the ERC20 network is that Ethereum has been giving them hindrances which is resulting into low return.
Kevin Rooke, a renowned cryptocurrency analyst, made this revelation, backing it up with pictures and charts to confirm the information.
Meanwhile, Tron (TRX), after mainnet has seen lots of progress. The cryptocurrency like EOS is working towards outperforming Ethereum in the space. Not long, Tron released some statistics claiming it is very close to Ethereum in transaction.
EOS Mainnet At A Glance
Before MainNet launch a software company known as Block.One rallied support round EOS (EOS) in the crypto space with the aim of upgrading the blockchain technology to one which supports commercial decentralized applications.
On June 9, after a voting consensus was passed by the EOS Mainnet Launch Group, the mainnet release of the altcoin began.
EOS, which left the ERC20 due to scalable issues, pledge to be a better Cryptocurrency in the space ahead of Ethereum after its MainNet launch.
Truly, EOS has overtime experienced dramatic growth since the beginning of this year. Around January, EOS was ranked the 12th most valuable Cryptocurrency in the table, but now sits on the 5th position at the moment ahead of many other coins which claim to be giants in the market.
Proving it said claim, the altcoin, through its Dapps has been able to spell out elegant growths in the space, with increased number of transactions.
EOS may be a silent coin in the market, but its moves are always purposeful, hitting the ground to create inerasable milestones in the space.