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

CF Benchmarks Introduces CFB Oracle to Enhance On-Chain Price Integrity

CF Benchmarks has launched CFB Oracle, a service providing cryptographically signed index information for applications on Ethereum mainnet, HyperEVM, and Robinhood Chain.

user avatarLuis Flores

SEC Proposes New Custody Framework for Crypto Assets

The SEC has proposed a new custody framework for investment advisers and registered funds dealing with crypto assets, allowing for potential self-custody and the use of state trust companies as custodians.

user avatarArif Mukhtar

FINMA Approves First Swiss Retail Bitcoin ETF

Switzerland's financial regulator, FINMA, has approved its first retail ETF that invests directly in Bitcoin, allowing retail investors to gain regulated exposure to Bitcoin.

user avatarMaria Gutierrez

EIP7906 Proposal Considered for Enhancing Ethereum Transaction Safety

The Ethereum Foundation is considering EIP7906, which proposes a readonly post-transaction frame to evaluate changes and events before accepting transaction outcomes.

user avatarDavid Robinson

Ethereum Foundation Investigates Enhancements to Transaction Safety

Researchers at the Ethereum Foundation are examining native transaction assertions to enhance transaction safety and reliability in digital asset markets.

user avatarAndrew Smith

Ethereum Developers Delay Glamsterdam Upgrade on Hoodi Testnet

Ethereum developers have postponed the Glamsterdam upgrade initially scheduled for the Hoodi testnet on October 26, with no new activation date provided.

user avatarJacob Williams

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.