New Milestone Achieved: TRON Supports More Than 50 DApps

Justin Sun, the founder of TRON has officially said that the network now supports more than 50 decentralized applications and there is a huge chance to reach 80 in the short-term. This statement comes after another huge milestone was achieved earlier this month and reached our altcoin news.

Earlier this month, the blockchain network achieved 100 million transactions over a period of 173 days which is basically equal to 578,033 transactions per day.

Back in August, the founder of the Ethereum-based prediction market platform Gnosis.ph Martin Koppelmann noted that it is highly important to measure the rate of growth of a smart contract protocol so you get the right statistics and find out the usage of dApps and how these dApps interact. He noted:

‘’The numbers we care about is the usage of decentralized applications. And as a next step, the number to look out for is DAPPs that seemlessly interact with each other and draw a benefit from being on the same platform. As a side effect, ultimately the price of ETH will then be a function of the demand for the use of applications in this reliable, open, and interlinked environment.’’

TRON is also a smart contract protocol such as Ethereum thus its value comes from the dApps ecosystem and the number of active users. A single platform that provides data on how big the dApp usage is, the top three on TRON have about 2,300 users average.

The TRON team pointed out:

TRON has seen a rapid increase in the number of dApps and dApp users throughout the last quarter of 2018. But, considering that its mainnet only launched in May, it remains uncertain whether the network will be able to sustain the current level of growth over the long run.