• 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

Fenwick West Settles for $54 Million Over FTX Allegations

chest

US law firm Fenwick West has agreed to pay $54 million to settle claims related to its legal services for the defunct crypto exchange FTX.

user avatarKenji Takahashi

The Legal Fallout from FTX's Collapse

chest

FTX collapsed in November 2022 due to mismanagement and fraud, leading to significant legal repercussions and the conviction of founder Sam Bankman-Fried.

user avatarDiego Alvarez

Potential ETF Inflows Could Boost XRP Price

chest

The CLARITY Act, pending a Senate vote, could lead to significant ETF inflows into XRP, estimated between 4 to 8 billion, potentially boosting its price.

user avatarMaria Fernandez

Ethereum Price Sees Major Reversal but Smart Money Remains Active

chest

Ethereum's price has reversed most of its gains from April, finding support just above $2,000, while smart money investors remain active in accumulating tokens despite market downturns.

user avatarGustavo Mendoza

Bitcoin Spot ETFs Face Record Withdrawals Amid Market Losses

chest

Bitcoin Spot ETFs faced significant net outflows totaling 126 billion last week, marking the heaviest withdrawals since January.

user avatarRajesh Kumar

Decline in XRP Whale Activity Signals Market Compression

chest

XRP whale activity has significantly decreased, indicating a potential market compression phase.

user avatarMiguel Rodriguez

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.