• 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

XWIN Research Japan Highlights Divergence in Bitcoin Market Dynamics

chest

XWIN Research Japan highlights a significant divergence between Bitcoin spot demand and derivatives positioning, indicating evolving market structures.

user avatarJacob Williams

MVRV Pricing Bands Indicate Bitcoin's Future Movements

chest

The MVRV Pricing Bands provide a structured view of Bitcoin's potential price movements, indicating key support at 73,700 and resistance at 96,000.

user avatarZainab Kamara

Market Phases and Volatility in Bitcoin Trading

chest

Analyst Mags outlines the two distinct phases of Bitcoin trading: the Bull Phase characterized by upward trends and the Bear Phase triggered by market structure breaks.

user avatarSon Min-ho

Bitcoin's Safehaven Potential Amidst Global Instability

chest

Bitcoin is viewed as a potential safehaven asset due to its unique characteristics, but it still behaves like a risk asset during uncertain times.

user avatarAyman Ben Youssef

Emerging Patterns in Meme Coins Highlight Market Coordination

chest

Analyst LSTrader outlines a broader strategy for Dogecoin, noting similar technical setups emerging across multiple meme coin projects.

user avatarTando Nkube

US Treasury Freezes $344 Million in Iranian Cryptocurrency

chest

The US Treasury Department has frozen over $344 million in cryptocurrency linked to Iranian military and political groups as part of efforts to cut off financial resources amid rising tensions.

user avatarNguyen Van Long

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.