Tanya Abrosimova
Independent Analyst
- Tron processes more transactions than EOS and Ethereum combined.
- TRX/USD is dancing around $0.0220 amid bearish pressure.
Tron (TRX), the 10th largest cryptocurrency asset with the market value of $1.4B, is changing hands at $0.0221, down 4.5% in recent 24 hours. The coin retraced from Sunday’s high of $0.02360, moving within the mid-term bearish trend in sync with the rest of the market.
Meanwhile, Justin Sun’s project has been demonstrating exiting achievements lately. Thus, TRON network processes over 44M transactions on a daily basis, which is 27M more than its main competitions Ethereum and EOS process combined. Also recently it was reported that Tron surpassed EOS and ETH put together by the number of daily operations.
The stats figures were provided by Rating Dapp, the service that offers advanced metrics for all Dapps.
"#DappWeekly #TRON #Dapps had a 207% increment on weekly transaction volume, surpassing the sum of #EOS and #ETH,” they tweeted.
It is worth noting that TRON got off from Ethereum blockchain in summer 2018. At that time the leader and the creator of the project Justin Sum chose Ethereum as its main rival and aimed to surpass the coin by all metrics. Also, he plans to take TRX to top-4 cryptocurrencies by the end of 2019.
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