- Tron surpasses all crypto projects to rank 1 in Blockchain Activity Matrix
- Tron remains at the top of its competition
- Only three top digital currencies made the Blockchain Activity Matrix top ten positions
Tron News Today – Tron is one crypto project that has been working hard to be at the forefront of everything in the industry. When it comes to the space of decentralized applications, its only rival is EOS. The CEO of the Tron Foundation – Justin Sun – has also been doing his best to promote the use and adoption of the blockchain platform and its native currency – TRX. Recently, Tron just achieved a major milestone, which has always been the goal of the network.
Tron Is Ranked Number One on the Blockchain Activity Matrix
In a recent tweet, Tronscan announced that Tron is holding the number one position on Blockchain Activity Matrix. The tweet reads:
“#TRON is ranked number 1 on the #Blockchain Activity Matrix!#Blockchain Activity Matrix shows the real value of blockchain, which is measured by observing the activity on the blockchain and projects actually being used by people. #TRX @Tronfoundation @justinsuntron.”
#TRON is ranked number 1 on the #Blockchain Activity Matrix!#Blockchain Activity Matrix shows the real value of blockchain, which is measured by observing the activity on the blockchain and projects actually being used by people. #TRX @Tronfoundation @justinsuntron pic.twitter.com/rucl7xehjD
— TRONSCAN (@TRONSCAN_ORG) November 5, 2019
Blockchain Activity Matrix measures digital currencies based on their activity, total record, 7-day average, AVI, and market capitalization. The statistics on the platform showed the Tron had an overall activity index of 1.68 million, a 7-day average of 1.376 million and a total record of 5.306 million. Tron was holding the number position while KIN token occupied the second spot. The activity index on the KIN network was 1.094 million. Whereas, the 7-day average of KIN is just 932,083, which is much lower than that of Tron.
What is even more surprising is that Tron is far ahead of Bitcoin, the most popular digital currency in the world, as it was holding the fourth position. The activity index on the Bitcoin was at 790,741 and its 7-day average was at 754,087. The world’s largest digital currency had a total record of 1.178 million, whereas its market cap was $170 billion.
Only Three Top Cryptocurrencies Made the Blockchain Activity Matrix Top Ten Positions
Only three of the top digital currencies in the market made the top ten positions. The third top digital currency to make the top ten positions is Ethereum. Ethereum (ETH) is the second-largest digital currency by market cap. On the Blockchain Activity Matrix, the second-largest digital currency in the world is holding the sixth position. The activity index on the Ethereum network is 656,714. Ethereum’s 7-day average was 672,577, and the total record of Ethereum was 1.372 million. The total market cap of the digital currency was $20.1 billion, and it is currently trading at $189.