Tron (TRX) Joins Other Smart Contract Platforms on a Top Dapp Data Market – DappRadar

Tron (TRX) joins a host of other top smart contract platforms, such as EOS and Ethereum (ETH), on DappRadar. DappRadar is one of the leading decentralized application platforms and decentralized market data in the world. According to a tweet by the Tron (TRX) Foundation, Tron (TRX) is now listed on DappRadar. The Foundation made the announcement of the listing yesterday, November 23.

Tron (TRX) Decentralized Apps Will Get More Rankings and Statistics

Due to the listing of Tron (TRX) on DappRadar, Dapps on the blockchain of Tron can now be ranked by an array of different metrics. Tron (TRX) decentralized apps will now be ranked by contract balance, twenty-four hours trading volume, twenty-four hours active users, and seven days trading volume.

The Dapp platform also provides various statistics. The platform offers in-depth knowledge into the decentralized application ecosystem with graphs and charts based on different statistics. Recently, the Tron Foundation was preparing to take the ecosystem of its decentralized apps to the next level. This listing came at the right time, as it would help to ramp up the Dapp ecosystem of Tron (TRX).

Tron (TRX) To Support Its Dapp Teams with $1M

Recently, the Tron (TRX) Foundation revealed its intent to support some of its Dapp development teams financially. Ethereum (ETH) has been doing this for quite some time now. The Ethereum Foundation even have a Grant Team that gives grants to the developers on its network.

The aim of this is to support the development to further improve the blockchain ecosystem of the project. About two months ago, Ethereum carried out its fourth wave of grants, supporting several startups and organizations with grants worth millions of dollars in total.

Tron (TRX) is about to do the same, as the Foundation plans to support fifty-six different Dapp developers and development teams on its blockchain. The Foundation wants to support the teams with $1 million, together with recognition in the community of Tron (TRX), via a new accelerator program.

Tron’s Performance Has Greatly Improved since the Launch of TRONbet

The performance of Tron (TRX) has greatly improved since the launch of TRONbet – Tron’s decentralized app. The number of Tron’s daily transaction has also increased enormously, even surpassing that of Ethereum (ETH). In October, TRONbet saw over 500,000 individual transactions, and this number surpassed the daily transaction volume of Ethereum.

This simply indicates that the dapps on the Tron network have better performances than the Dapp of Ethereum IDEX. The Dapps of Tron (TRX) appears to have much faster, better performance in registering transactions.

TRONbet’s daily active users are around 1,923 while Ethereum’s IDEX is still struggling to reach 1k active users. While Tron (TRX) has fewer decentralized applications, the surge in the number of transactions makes it outperform Ethereum (ETH). With this, one can only expect an improved performance from Tron Dapps.

TRON (TRX) Price Today – TRX / USD

Name Price24H (%)
Bitcoin (BTC)
$3,364.05
-2.24%
TRON (TRX)
$0.013190
1.08%

At the time of writing, Tron (TRX) is changing hands at $0.0137 after an increase of less than one percent over the past twenty-four hours. The digital currency currently boasts of a market cap of $889.82 million with a trading volume of $51.71 million over the past twenty-four hours.

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