TRON Is The Fastest Growing dApp Platform But Developers Still Prefer ETH

Earlier this week, a report published by the dApp analytics website dapp.com who has revealed that TRON has the fastest growing dApp user base compared to Ethereum’s that is rapidly shrinking.

On the Ethereum chain, there was a four percent decrease in the number of dApp users compared to last year. More than 72,000 old users are still using Ethereum-based dApps in 2019. Decentralised Exchanges (DEXs) are responsible or more than half of the ETH dApp transaction volume, shortly followed by gambling apps.

On top of this, gamers were reportedly the most active ETH dApp users with more than 40 percent of the daily active dApp users being games. The report states “The Ethereum-based games have already created a stable community with a group of loyal audience.”

According to the report, in the first quarter, 504 dApps were added to the list of which more than half were based on Ethereum.

“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 total number of active dApps users on the TRON blockchain allegedly summed up to more than 300,000. On the other hand, EOS was on 260,000. By the end of the first quarter of this year, the number of TRON wallets apparently went over the $2 million mark and around 15.5 percent of them interacted with dApps. The main driver of growth in the number of TRON dApp users were supposedly gambling apps.

With TRON’s dApp users, around 85 percent of them interacted with the apps in the first quarter. With this in mind, it suggests that the most active chain among the four blockchains.

As reported by CoinTelegraph:

“The report also points out that 95 percent of EOS DApps reported a transaction in the first quarter of the current year, as did over 80 percent of Tron and Steem (STEEM) based decentralized applications. On the Ethereum chain, which beats the others when it comes to the number of apps it hosts, there were nearly 600 DApps which did not report a single transaction over the past three months.”

Source: Read Full Article