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Crypto: Tron Maintains Its First Place in Terms of Daily Active Users

Mon 08 Jan 2024 ▪ 3 min of reading ▪ by Eddy S.
Getting informed Crypto regulation

While Ethereum remains undisputedly number one for TVL in its blockchain applications, Tron stands out with its particularly high number of daily active users, surpassing 1.5 million at the beginning of 2024. These two rankings thus reflect different forms of dominance for the two networks! One focuses on daily public engagement, the other on the capital locked by crypto professionals.

tron crypto

A Record Level of Daily Engagement from Crypto Users

According to recent data, Tron recorded no less than 1.5 million active addresses in a single day using various services and decentralized applications (dApps) within the crypto ecosystem.

This is the highest level of daily engagement ever observed among the leading current blockchains. This impressive number demonstrates the growing appeal of the services offered on Tron in terms of casinos, but also Play-to-Earn games, DeFi apps, NFTs, and more.

Between the various playful dApps, decentralized exchange platforms, and innovative financial applications, the Tron ecosystem offers varied experiences. These clearly generate a strong enthusiasm on a daily basis, and regular crypto users are definitely there.

A Different Measure of Popularity from Ethereum’s Dominance

This criterion of the number of unique active users each day thus places Tron at the top of the blockchain rankings for the time being, ahead of Ethereum. But it differs from the dominance of Ethereum in terms of TVL.

It is worth remembering that Ethereum maintains its undisputed first place for the value in dollars locked in DeFi applications, as well as on NFTs and other services deployed on its blockchain. This dominance mainly reflects the preference of institutional investors and crypto whales.

In contrast, the number of daily active crypto addresses reveals which platform attracts the most dApp users among the general public from day to day. On this specific aspect, Tron manages to stand out for the time being.

So one can say that Ethereum dominates the crypto market for the value invested by institutional investors and whales. While Tron establishes itself as the blockchain with the largest number of unique active users each day. This latter metric clearly emphasizes the appeal of the playful and innovative services offered by the Tron ecosystem to individual users. The two rankings reflect different forms of dominance depending on the criterion considered.

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Eddy S. avatar
Eddy S.

Le monde évolue et l'adaptation est la meilleure arme pour survivre dans cet univers ondoyant. Community manager crypto à la base, je m'intéresse à tout ce qui touche de près ou de loin à la blockchain et ses dérivés. Dans l'optique de partager mon expérience et de faire connaître un domaine qui me passionne, rien de mieux que de rédiger des articles informatifs et décontractés à la fois.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.