Tron’s Justin Sun has always had the habit of throwing shades at other projects like Ethereum and EOS. Following the release of the latest Tron (TRX) dApp weekly report, he had all the information he needed to back up his claims that Tron is better than Ethereum and EOS. This is why the Tron (Trx) news today is all about Justin Sun and the Tron (TRX) dApp weekly report.
Tron (TRX) News Today: Tron [TRX] DApp Weekly Report
Yesterday, the price of the TRX token surged by more than 6%. Apart from the partnership Tron sealed with Tether and other major companies, the surge in activity on the Tron blockchain also contributed to the surge in price. As you already know, the Tron blockchain is one of the so-called Ethereum-Killers (some new generation smart contract and dApps platforms that are all intended to overtake Ethereum). While Tron has proven to be an efficient platform for hosting smart contracts and dApps, it hasn’t been able to come close to EOS or Ethereum per market capitalization.
TRON (TRX) Price Today – TRX / USD
Per the Tron (TRX) news today, there was a surge in trading volume on the Tron dApp platform. It recorded the highest dApp volume for the week among public blockchains. This is why it wasn’t a surprise to find Tron’s Justin Sun boosting about the performance of Tron on Twitter. According to the report, the volume surged because getting entry into the Tron blockchain is easier than getting entry into Ethereum or EOS. Part of the report was as follows;
“Both development cost and a user fee on Tron are low. Low development cost is needless to say. Developers need to freeze tokens to get the resources needed for app development and the cost on Tron is much lower than that on EOS. In the meantime, Tron offers free bandwidth and energy to users, and the resources are renewed each day. Comparatively speaking, Tron’s user fee is significantly lower as well.”
The report continued;
“The first DApp to introduce this week is Tronshot, a basketball shooting game on Tron. Moving on, the team will upgrade Tronshot to a 3D 2.0 version. Apart from providing, the 3D experience, features like PvP interactions and props will also be added.”
Tron News: The Battle For Supremacy Between Tron, Ethereum And EOS
Even before the Tron mainnet launch, the Tron foundation has been struggling to overthrow Ethereum and EOS. Now, according to the Tron [TRX] dApp weekly report, Tron had three times the number of accounts on EOS. The total number of accounts on Tron now stands at 2.17 million while the dApps are 60,000. This is about five times more than the dApps on Ethereum.
Ethereum (ETH) Price Today – BTC / USD
While Tron currently has more decentralized apps than Ethereum, it is still struggling per price and market capitalization. In fact, two days ago, Tron (TRX) briefly lost its 10th position on CoinMarketCap to Cardano. However, ADA was unable to hold the 10th position for long.
Tron and Justin Sun are certain that the concrete partnerships and easy entry on the blockchain are key reasons why the Tron network is better than EOS and Ethereum. Following this latest attacks on Ethereum by Tron, Ethereum’s Buterin said that he would lose some hope in humanity if the Tron blockchain ever overtakes the Ethereum blockchain or the price and market capitalization of TRX ever moved above the price of ETH.
What do you think about the Tron (TRX) news today? Is Tron better than Ethereum and EOS? Feel free to share your thoughts.
Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.