• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
TRON Leads in Daily Active Addresses

TRON Leads in Daily Active Addresses

user avatar

by Eve Adams

2 years ago


Researchers from IntoTheBlock have presented an infographic showing blockchains with the highest number of daily active addresses. According to their data, the leader is TRON (TRX), which has 2.26 million unique wallets.

This figure significantly surpasses the results of Bitcoin (BTC) and Ethereum (ETH), which have 564.25 thousand and 501.63 thousand active addresses respectively. Litecoin (LTC) took fourth place with 357.26 thousand active addresses, while Dogecoin (DOGE) is in fifth place with 56.98 thousand. Daily active addresses are an important indicator reflecting the liquidity, attractiveness of the blockchain network for developers, and its viability.

The number of active addresses indicates stable growth and popularity of the ecosystem among users. High figures contribute to increased asset liquidity and stimulate the creation of new projects on the platform. TRON, aimed at creating a global digital content system using distributed ledger technology (DLT), continues to confidently hold leading positions in the market thanks to its power and demand.

TRON (TRX) is a platform for creating and deploying decentralized applications (DApps). The network also supports smart contracts, which allow for automated and secure transactions. TRON features high transaction speeds and low fees, making it attractive to users and developers. The blockchain was launched by Justin Sun in 2017 and has been actively developing since then, attracting an increasing number of users and startups.

As of May 31, 2024, the price of the cryptocurrency TRX is $0.11. Over the past 30 days, this figure has decreased by 4.6%. The market capitalization of the virtual currency is $9.78 billion.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Micron Stock Price Target Reaches $1500 Amid AI Memory Chip Boom

chest

Analysts are increasingly optimistic about Micron Technology's stock, with a price target of $1500 driven by strong earnings projections and demand for AI memory chips.

user avatarLi Weicheng

Marvell Technology Set to Join S&P 500 Index

chest

Marvell Technology is set to join the S&P 500 index on June 22, boosting investor confidence and stock prices.

user avatarAisha Farooq

Morpho Secures $175 Million Funding to Strengthen DeFi Position

chest

Morpho, a decentralized lending protocol, has raised $175 million in funding to strengthen its position in the DeFi space.

user avatarTenzin Dorje

Metaplanet Considers Share Repurchase Program Amid Bitcoin Price Decline

chest

Metaplanet, Japan's largest publicly traded Bitcoin treasury company, is considering a share repurchase program to enhance its Bitcoin yield per share as its market value falls below its Bitcoin holdings.

user avatarBayarjavkhlan Ganbaatar

BlackRock and XRP Ecosystem Connection Strengthens

chest

A documented link between BlackRock and Ripple's ecosystem has emerged, highlighting the role of Wormhole in facilitating interoperability.

user avatarMohamed Farouk

ZachXBT Raises Concerns Over Humanity Protocol Incident

chest

ZachXBT raises concerns about the Humanity Protocol incident, suggesting it may be a staged exit rather than a genuine hack, impacting the project's credibility.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.