Skip to main content

98% of all DApp volume controlled by Ethereum, Tron and EOS


TRON and Ethereum saw the major increase in the DApp projects in its platform in the year 2019. One of the major research document revels that Tron, EOS, and Ethereum accrued $23 billion in dapp volume last year, with Tron leapfrogging EOS along the way to establish itself as the de facto dapp network for recreational use.

As the crypto world has grown and evolved along time, so has the role played by the leading smart contract networks. Ethereum has pivoted from ICOs to defi, Tron has become the preeminent dapp chain for gambling applications, and EOS has found itself positioned somewhere between the two, not quite decentralized enough for defi and onchain resource costs too unpredictable for high volume dapps.

It been recorded that near to 2000 Dapps were launched in 2019, with 80% of those issued on TRON. Tron is been mentioned as the “Las Vegas on the Blockchain” . Tron based exchange and gaming dapps also had a good year though. Tron racked up a total of $4.4 billion in transaction volume in 2019, across more than 420 million transactions.

Meanwhile, Ethereum averaged 40-60K defi users per month last year, with a transaction volume of $12.8 billion, with more than 90% of this attributed to decentralized finance (defi), including exchanges. Ethereum, Tron, and EOS account for 98% of all dapp transaction volume, leaving many of the smaller smart contract chains to fight for the crumbs.

With EOS now trying to gain the momentum that it had during its launch, TRON uniting ecosystems through M&As, and Ethereum placing all its hopes in defi, the next 12 months look set to break new records for dapp usage.

If you are also eager to launch your DApp in any of these platforms like EOS, Ethereum and TRON, Credits then feel free to get in touch with us!!- click here

Comments

Popular posts from this blog

Develop Your Own DeFi DEX Aggregator like ParaSwap - Pulsehyip

Why   t o   Build   DEX Aggregator   l ike Paraswap? Paraswap is an Ethereum based DEX aggregator launched to sort out liquidity issues in decentralized exchanges. This Paraswap is a popular and fastest liquidity aggregator. As it is very quick and won’t hold any swapping fee charges, most of the people seek towards this Paraswap to start a DEX aggregator like ParaSwap.  Due to the best price range offered by Paraswap for the assigned Ethereum or ERC-20 tokens, this Paraswap DEX aggregator is more admirable than other DEX.  What   i s Paraswap? Paraswap is a decentralized finance based DEX aggregator that solves difficult liquidity problems along with the elimination of gas fees with high secured decentralized exchanges. While coming to the main functional roles of this Paraswap DEX aggregator, it acts as the pool in which liquidity from different DEXs to improve the  gas efficiency with speed enhancement.  While comparing to other DEX p...

How to Start A Cryptocurrency Investment Business with Blockchain Technology

How to Start A Cryptocurrency Investment Business with Blockchain Technology  There is increasingly growing interested in cryptocurrency these days. You may have heard of it before or not. Either way, it is a multi-trillion-dollar financial industry that is practically flying under the radar of most people, which makes it a prime time to get positioned before it hits the mainstream.  And the time is now because cryptocurrency investment Business with blockchain technology awareness is going viral. The blockchain is a distributed ledger that retains a comprehensive and an unedited record of all relevant information related to a digital transaction. This ledger allows settling transactions instantly and firmly.  The blockchain is a blockbuster in Cryptocurrency business as it reduces the length of time it takes to complete a payment and eliminates redundant processes. Data management is a big problem in cryptocurrency business, but with the help of blo...

BEP-20 Token Development on Binance Smart Chain

    BEP-20 Token Development on Binance Smart Chain BEP-20 like token creation on binance smart chain is something that will be welcomed by every crypto enthusiast who would like to start their own project in the newly launched Binance Smart Chain. We, all know Binance as the leading Crypto Exchange in the world and presently the Binance has Launched BNB Smart Chain. This Blockchain is run in a parallel manner to the existing Binance chain without altering the current ecosystem. Like any other tokens, creation of BEP-20 tokens on Binance smart chain is useful for the business startup. The main reason is the it plays a vital role in crowdfunding processes of the platform based businesses and this has been widely adopted by the startups that seeks to bypass the complicated and burdensome traditional funding models. The token now acts as a source to raise funds from both platform users and investors. Than an IPO (Inital public offering), the ICO (Inital coin offering) is of three...