Tron Surpassed EOS In Number Of Active Dapps, Ethereum Remains First

When the subject is the mainstream adoption of crypto and blockchain-based technology, one of the know ways to it is decentralized applications (DApps). It now seems that Tron surpassed EOS in the number of active dapps as we are reading in today’s Tron news.

According to a new report, 2019 has experienced a big number of new DApps launching. More intriguingly is that TRON has succeeded in elevating to the position of the second most used platform for developers, surpassing EOS. But Ethereum remains the undisputed champion in the league.

A new report from DAppReview gives a new perspective on the state of DApps in 2019 and also a recapitulation on the subject of market evolution. In the previous year, there were 1,955 new DApps launched which brought their number above 4,000. It is intricating also that the decentralized content-sharing platform founded by Justin Sun, TRON surpassed EOS  by elevating itself to the second-largest blockchain in relation to DApp development.

TRON had a hard time to surpass EOS, barley making it, with 637 DApps. But it is also interesting to note that the volume of transacted US dollars on the EOS network still remains vastly higher in comparison with that of TRON. The volume of transacted USD on EOS was 6.1 billion and the volume of transacted USD on TRON was 4.4 billion.

The report also gives important data about the wholesome state of the market. The “Big Three” platforms in the DApp sphere, Ethereum, TRON, and EOS made 98.65% of the whole transaction volume in the previous year. Said differently, the remaining platforms have an irrelevant size of transaction volume which is proof for the established dominance in the sector.

The previous year also experienced the breakthrough of innovations like Decentralized Finance (DeFi), Non-Fungible Tokens(NFTs) and blockchain-based games. Besides all of the aforementioned, there is one thing that remains the same and is unchanged at all. Ethereum is still the first platform in the decentralized app development and it looks like this will not be changed in the near future.

Whatsoever, the team that leads the network is working on developing a solution for the issue of scalability with the transition from the now used Proof-of-Work consensus algorithm to Proof-of-Stake. It is thought-provoking to observe how this will impact the already existing challenges when it is finished.