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Tron DApp Report: Smart contracts, 24-hour trading volume rise significantly

Akash Anand



Top Gainers: Stellar [XLM], Ethereum [ETH] and Binance [BNB] lead charge in the current bull wave
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The Tron Foundation made headlines after the launch of several updates and developments. In the latest DApp report released by the organization, Justin Sun stated,

“The number of smart contracts has increased by 24 compared with last week. 24h trading volume and DAU are climbing up steadily. Specifically, DAU went up 10% and 24h transaction number increased by 20% compared with last week.”

The report claimed that with an increase in the number of smart contracts, the total number went to 900. According to Tron, 14 new games were also added at a time when gambling apps were still ruling the roost. The number of DAU also went up by 10 percent while the 24-hour transaction number was up by 20 percent, when compared to the previous week.

The User Experience spectrum of the report touched upon the launch of two different games that are aimed at roping in more users from the community to participate in the escalation of DApps. It was an eventful week for Tron, with the number of daily users spiking to 50.5K, while the number of 24-hour transactions was clocked at 1,326K.

The report also spoke about Tron’s partnership with QKL123, a popular data website and the inclusion of TRX.Market, which “marks the further expansion of Tron’s ecosystem and TRX.Market’s entrance into the mainstream market with a more prevalent acceptance.”

Tron was in the news recently after the Tron node count reached its highest level in months, jumping by 250 in a matter of days. Misha Lederman, a prominent proponent of the Tron ecosystem, tweeted,

“#TRON’s node count is increasing to its highest levels in many months:
1357 nodes online
Given that only a few days ago the TRON node count was around 1,100, this uptick is notable & provides the #TRX blockchain increased stability & growing global reach”

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Engineering graduate,crypto head and Arsenal fan. Is fascinated by technology and all its marvels. Strictly against pineapple on pizza.