The decentralized app (dApp) ecosystem is growing from strength to strength, with things looking good for Ethereum and Tron. However, EOS is falling far behind. According to DappRadar, “While [Ethereum and Tron] are increasing in 2020 January in comparison to 2019 January, EOS is facing a decrease in daily active users by 61%.” Ethereum’s leading the way in gaming dApp development, but Tron’s gaining speed – let’s take a look at exactly what’s going on.
DappRadar’s report looked at Ethereum, Tron and EOS, highlighting their performances within the dApp ecosystem. Ethereum saw the biggest growth, but Tron is winning in the daily users category. Justin Sun’s blockchain (Tron) is stuck with gambling and high risk dApps, failing to expand outside of this sector. EOS was bogged down by network congestion thanks to the launch of the EIDOS token, which was “at best a mischievous experiment gone wrong, at worst an aggressive DDOS attack.”
Daily active wallets have increased by a whopping 82% since January 2019, with the number going from 9,264 to a 30-day average of 16,840 users.
The games and marketplaces category is the most popular, with user growth increasing by 163% since January 2019. My Crypto Heroes is the most popular game, but newbies on the scene (like Brave Frontier Heroes) are growing.
Decentralized Finance dApps saw a 7% increase in daily active unique wallets in January alone – particularly in the second half of the month. Exchanges saw an increase of nearly 10% in January.
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Ethereum’s leading the way in gaming dApp development, but Tron’s gaining speed elsewhere. Tron has seen an increase of 33% in daily active unique wallets, since January 2019. Last month alone, the user base increased by 8%, up to 20,000 users. However, this steady increase was found only in one category – the Gambling and High-Risk sector. The most popular Tron dApps are 888Tron, with around 2,600 daily active users, followed by RocketGame and WINk.
Unfortunately, the numbers have been dropping in other sectors. Games and Marketplaces saw a decrease of 7%, and Exchanges saw a decrease of 21%. DappRadar wrote, “Tron as a maturing dApp ecosystem is still failing to expand outside of gambling and high-risk dapps.”
For context, EOS stats took a nosedive. The network congestion following the EIDOS airdrop led to a drop of daily active wallet users of 8% at the start of 2020, dropping to under 12,000 users. The Gambling and High-Risk category saw a decrease of a whopping 29%, with dApps like Gamblr, Dice, and EOS Royal the most impacted.
According to DappRadar, “Problems for EOS look set to continue in 2020 with daily active unique wallets showing a decrease of 8% in January 2020 and increasing competition from other protocols.”
According to @dapp_review, the number of #TRON #Dapps reached 695 with 5 new ones added. TRON’s #Dapp ecosystem is growing at a steady pace, we welcome more developers and users to join us. #TRX https://t.co/NoE41FX7ty
— Justin Sun (@justinsuntron) February 15, 2020
Ethereum and Tron are thriving
Ethereum’s growth has pretty much been all around, while Tron has only seen growth in the Gambling and High-Risk category. Meanwhile, EOS has taken a nosedive, with daily active users freefalling since the beginning of the year. With the first quarter of 2020 barely halfway through, how will the dApp ecosystem fair for the rest of the year?