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Tron DApp Weekly Report: Tron’s 24-hour transaction volume and trading volume doubles as DApps’ number exceeds 300

Namrata Shukla



Tron DApp Weekly Report: Tron's 24-hour transaction volume and trading volume doubles as the DApps number exceed 300
Source: Pixabay

Tron has been in a tough spot in the cryptocurrency market, as it has been fighting the bear for the past few days. However, Tron foundation’s new initiatives and the communities’ support to its DApps has kept Tron moving forward. The DApp weekly report stated that Tron’s DApps number crossed 300, with more than 700 smart contracts.

Tron’s new DApps include mainly gaming and gambling application, which increased its Daily Average User [DAU] to 40,000 which was reportedly 10,000 more than last week. Tron’s 24-hour transaction volume along with trading volume doubled this week, giving it the much-need push to be relevant in the market. However, the biggest update in the Tron ecosystem is the launch of the TRC20-based Tether [USDT] stable coin.

Tron’s decentralized exchange, TRXMarket has been listed by CryptoCompare, a well known digital currency market website. Tron’s DApps also gained space on ICO Bench, a Russian website. The website has in-depth information about more than 5,000 initial public offerings [IPOs] and Tron’s listing on this website marked a developmental achievement for the foundation and its DApps.

The report highlighted two particular DApps that topped the user experience. The Tron Kingdom, a multi-player, multi-round strategy game, that made it to the top of the list. This game enables players to fight as the ruler against four kingdoms, where the users have to calculate hash power and pledge a command without the knowledge of the other players until the command has been realized. Tron’s smart contract is used to settle the disputed in the game and to conclude with a winner.

Traps, is the second multiplayer game, that has similarities to the game Snake, which took the second place. However, the game is more complicated than Snake and each session on the game lasts for 9 minutes and 50 seconds and the player with the largest cell wins the game.

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