The Tron Foundation has been under the crypto spotlight for its dominance in the DApp space. The Foundation and its CEO Justin Sun have constantly worked on developments in order to retain their supremacy over decentralized applications [DApp]. The recently launched Sun Network stands as a perfect example.
Even though Tron is fairly new to the DApp space, it shelters about 561 DApps on its network. Recently, Tron Foundation through its official Twitter handle shared a report citing the recent developments in the DApp space. The tweet read,
According to @dapp_review, the number of #TRON #DApps reached 561 with 8 new #DApps. According to @dapptotal1, the number of smart contracts reached 1,371. #TRON’s #DApp ecosystem is growing at a steady pace. #TRX $TRXhttps://t.co/tvXES2YKGB
— TRON Foundation (@Tronfoundation) August 23, 2019
The report revealed the addition of 8 new DApps to the network in the last week, along with a 30% increase than the previous week in terms of transaction time and volume. The report further stated that the total number of smart contracts had “increased mildly” as it reported registering about 1,371 smart contracts. Additionally, the report gave more information about DApps on its network.
Another factor that demonstrated Tron’s supremacy in DApp space was the volume. According to DApp Review, Tron recorded a 7-day volume of 102,795,283 whereas, EOS and ETH were seen almost on the same level as they recorded a 7-day volume of 53,005,152 and 52,877,049, respectively.
In terms of transactions, EOS was again seen with the highest number of transactions of 25,297,109. Tron stood second with a total transaction of 11,210,734 in the last seven days, but ETH was way far behind as it recorded only 381,320 transactions.