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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Amazon Stock Price Predictions for 2027

Major firms predict Amazon stock will reach $350 per share by 2027, driven by AWS growth and AI advancements.

user avatarDavid Robinson

Tether Partners with Shiga to Launch Financial Products in Africa and Gulf

Tether is transitioning its Wallet Development Kit into financial products for users and institutions in Africa and the Gulf, collaborating with Shiga.

user avatarJacob Williams

Soneium and DayOneDream Join Forces to Tokenize Kpop Revenue Streams

Soneium partners with DayOneDream to tokenize Kpop revenue streams using blockchain technology.

user avatarAndrew Smith

Strive Increases Bitcoin Holdings by 1,107 BTC

Strive has significantly increased its Bitcoin holdings by acquiring 1,107 BTC for approximately $945 million.

user avatarZainab Kamara

Verona Launches verUSD Stablecoin for AI Payments

Verona has launched a new dollar stablecoin, verUSD, designed for AI payments and machine transactions, with over $100 million in institutional commitments.

user avatarAyman Ben Youssef

Blockchain.com Plans IPO to Enter US Public Markets

Blockchain.com is reportedly preparing for an initial public offering that could raise around $500 million.

user avatarSon Min-ho

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.