EOS's 2019 DApp market stats reveal spike in active users, volume - AMBCrypto
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EOS’s 2019 DApp market stats reveal spike in active users, volume

Biraajmaan Tamuly

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Source: Pixabay

Decentralized Applications or DApps have become a significant part of the industry over the last few years. The world’s 2nd largest crypto-asset, Ethereum’s platform was at the forefront of promoting DApps and over time, EOS and Tron have picked up pace in the industry as well.

According to dapp.com, 2018 was a relatively slow year for both EOS and TRON owing to the bearish crypto-winter. However, 2019 was pretty successful in terms of volume and transactions.

EOS had over 572k total users over the course of 2019, out of which around 518k users were active. A total of 493 DApps were observed with 479 of them active. The volume garnered a massive 4.9 billion in terms of USD, whereas over 2.8 billion transactions were recorded.

Source: dapp.com

Out of the 518,884 active users, it was observed that over 38 percent of them were involved with gambling DApps, whereas social DApps and exchanges made up for only 15 and 12 percent, respectively.

The same was observed in the volume category as well, where 62 percent of the $4.9 billion USD was dominated by gambling DApps.

Source: dapp.com

Comparing the stats from between 2019 and 2018, the increase in active users is more than 100 percent, as 2018 only had around 173.03K active users. The transactions registered a whopping hike as well, gaining from a mere 107.05 million in 2018 t0 over 2.8 billion in 2019.

Source: dapp.com

In comparison, TRON had a breakout year in 2019 with over 967k active users out of a total of 1.02 million. Its DApp platform had over 520 DApps, but it was dwarfed by EOS in terms of transactions with only 290 million registered transactions.

Regardless, the data is still impressive considering the fact that TRON launched its blockchain only in 2018.

Like EOS, most of the active users on TRON were associated with gambling DApps, dominating 69 percent of the total users. 88 percent of transactions were also accumulated by gambling applications.

Source: dapp.com

Tron registered a massive 1243 percent increase in terms of active users from 2018 t0 2019, but the token’s price failed to registered any massive growth over the 2 years.

The aforementioned statistics underline the growth of the DApp market and the growing interest being invested in such applications.

Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.