2019 dApp market report: The ‘Big Three’ in dApp space Ethereum, Tron, and EOS

2019 was a particularly useful year for Tron and Ethereum, according to a new Dapp Review report on decentralized applications backed by cryptocurrency. Accordingly, both Tron, EOS, and Ethereum have accumulated $ 23 billion in dApp market volume last year.

Ethereum, Tron, and EOS control the dApp market

As cryptocurrencies have evolved, the role of smart contract networks has grown. While Ethereum evolved from ICO to DeFi, Tron became the preeminent dapp chain for gambling applications, and EOS has found its place somewhere between the two.

According to Dapp Review, nearly 2,000 dApps were released in 2019. And 80% of them were released on the Tron network with gambling-related dApps. Tron achieved a total of $ 4.4 billion in trading volume in 2019, across more than 420 million transactions.

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Source: Dapp Review 

Meanwhile, Ethereum had an average of 40,000 – 60,000 DeFi users per month last year. The total trading volume is $ 12.8 billion, with more than 90% of this being attributed to decentralized finance (DeFi), including exchanges. However, Ethereum, Tron, and EOS also account for 98% of the total dApp transaction volume.

Tron will breakthrough in 2020?

One of the most successful Tron dApps in 2019 is Wink, powered by an IEO on Binance. The Dapp Review report emphasized, the daily dollar volume of the leading Tron casino dApps, with Wink way out in front. Observing Tron’s acquisition and integration activities over the past 12 months, there is no doubt that these activities have shown Justin’s ambition and performance.

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Source: Dapp Review 

This includes Justin Sun integrating the Dlive streaming video platform into the BitTorrent ecosystem and a committed commitment to Dlive for all its future broadcasts. With the Blockchain Line that powers the Dlive token economy set up for Tron, future on-chain transactions are likely to increase this year.

With the amount of data that can be used to record dApp usage, the smart contract network registration dominates depending on the benchmark you go. For its part, Dapp Review has positioned the winners as Ethereum, Tron, and then EOS; accordingly, Tron has put EOS in second place due to not having more active users. Ethereum took the lead in this metric, with 1.82 million active users, followed by Tron with 989.000 and then EOS with 729.000. Tron also outperforms EOS in terms of the number of active dApps, from 637 to 633.

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Source: Dapp Review 

With the goal of EOS to regain momentum at launch, Tron unifies ecosystems through M&As, and Ethereum puts all hope into DeFi, the next 12 months likely to break new records for use dApp market.

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