A new report released on April 9 by the DApp (Decentralized Application) analytics website DApp.com is in the altcoin news – revealing that Tron (TRX) has the fastest growing user base while Ethereum (ETH) is shrinking its user base in the DApp ecosystem.
On the Ethereum chain, analysts reported a 4% decrease in the number of DApp users compared to last year. Around 74,422 old users are still using the Ethereum-based DApps in 2019 – while decentralized exchanges (DEXs) are responsible for more than half of the ETH DApp transaction volume, followed by gambling applications.
It seems like gamers are the most active ETH DApp users – with more than 40% of the daily active users reported as gamers – a number which is up by 10% in the first quarter of this year. The report also stated:
“The Ethereum-based games have already created a stable community with a group of loyal audience.”
According to the numbers in it, the Q1 of 2019 showed that 504 DApps were added to the DApp.com list, of which more than half were Ethereum-based.
“It shows that Ethereum is still the No.1 choice for developers to build their dapp on. At the same time, we also have seen a trend in multi-chain developing, as many Ethereum dapps expand on multiple chains, such as Ethereum + EOS or Ethereum + Tron,” the report sums up.
The number of active DApp users on the Tron blockchain reportedly amounted to over 300,000 while on EOS it is around 260,000. The report also showed that by the end of Q1 2019, the number of Tron wallets exceeded $2.3 million and about 15.46% of them interacted with DApps.
Around 85% of Tron’s DApp users interacted with the apps in Q1 2019 which translates to Tron being the most active chain among the four blockchains. The report also pointed out that 95% of the EOS DApps reported a transaction in the first quarter of the current year as did over 80% of Tron and Steem (STEAM) based decentralized apps.
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