When trying to analyze the dapp (decentralized app) industry, there is an obvious giant standing out among others: Ethereum (ETH). However, things have not been that great for Tron (TRX) and EOS recently.
DappRadar, a Lithuania-headquartered dapp data aggregator and analysis firm, said:
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%.
Hack Crypto
That company made a whole analysis of the industry and pointed out the possible trends for the upcoming year. Namely, while Ethereum seemed to get the biggest share of promised success, Tron got the daily active users category, which is not that bad either.
However, many still claim that the company fails to expand outside the area. At the same time, EOS was dragged down after the launch of its EIDOS token, which was admitted to be “at best a mischievous experiment gone wrong, at worst an aggressive DDOS attack.”
Between January 2019 and January 2020, daily active unique wallets have risen by at least 80%, which allowed the rate to go up to 163% in January 2019. DappRadar believes that there are many games that are hugely benefiting from Ethereum’s large community of users – My Crypto Heroes and Brave Frontier Heroes are definitely one of those. Notably, Brave Frontier Heroes got 1,240 daily active users on the first day and this number keeps growing each day.
What is more, it was stated that the average daily active unique wallets have increased by 7% in January. And, therefore, the number of active users has reached 1,400.
When it comes to Tron, the number of daily active unique wallets for the company have increased by 33% in comparison to that in January 2019. Moreover, last month, the user base went up by 8%, to almost 20,000 users.
The company itself agrees that:
Tron as a maturing dapp ecosystem is still failing to expand outside of gambling and high-risk dapps.
Finally, even though EOS started well at the beginning of 2019, “the ending was downhill all the way,” says DappRadar. Throughout 2019 we could notice a constant drop in daily active unique wallets by another 8% at the beginning of 2020.
Hence, some analysts proclaimed:
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.
