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Today's Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News

Today's Gazette – Cryptocurrency, Bitcoin, Ripple, Tron, Verge, Cardano News

In Just A Day Tron (TRX) Users Spent $31 million USD on DApps

Altcoins

In Just A Day Tron (TRX) Users Spent $31 million USD on DApps

Tron (TRX) is winning in the DApp world to the extent that its users spent roughly $31 million on DApps yesterday. The spike in the amount spent on DApps came few days after Tron network exceeded 2 million mainnet user accounts, a growth regarded to be exponential considering the newness of Tron mainnet and the fact that it took Tron network around 181 days to reach the first 1 million users and just 68 days to get to its next 1 million users.

The sudden spike was first noticed on the 6th of March when Tron pulled over  $46 million transaction against EOS and Ethereum that pulled $11 million and $4 million respectively.

Tron (TRX) Dapps have been maintaining the leading tempo until yesterday when the transaction volume skyrocketed again, making Tron to have over $31 million transaction against EOS and Ethereum that had over $11 million and $2 million respectively.

Read: Tron (TRX) Looking To Release New TRC-20 Token As Justin Sun Talks Big

The growth, according to Misha Lederman, is far more than double the amount spent by EOS and Ethereum Dapps combined.

In the same line, “the highest ever number of transactions on TRON DApps was also recorded, surpassing 2 million transactions,” he said.

Tron DApps are leading other DApps. As we write, there are around 255 DApps on the Tron network. Of all the Dapps, 5 were just added.

Tron (TRX) Targets 2,000 DApps Milestone In 2019

The series of positive news coming from the decentralized focused blockchain technology, Tron (TRX), in the DApp realm attest to the fact that things are really rosy for the blockchain network. No doubt, Tron is championing the DApp industry.

After the update on the number of volume which Tron (TRX) DApp accounted for in a day, it has been disclosed that the blockchain technology is planning to house not less than 2000 DApps on its network before the year 2019 runs out.

This was made known in an update issued by a prominent member of Tron community (Tronix).

The update added that Tron (TRX) DApps are in their infancy stage at the moment but the increasing number of DApps on the network seems to be more productive than expected.

Musing over the growth and development, some observers have opined that no blockchain network can compete with Tron (TRX) in the DApp sector.

Oliver is an online publisher, managing various blogs through the years. He had contributed to multiple news portals in the US and the UK. His interest varies from Political Agendas to recent Technological advancements. He is now a full-time contributor to TODAY'S GAZETTE.

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