- Diar, a data analytics and digital asset research firm, stated that DApps on EOS and Tron generate far more dollar-for-dollar transaction value than Ethereum.
- Majority of the revenues comes from gambling DApps which accounts for 70% of the revenue in EOS and over 95% in Tron.
Diar, a data analytics and digital asset research firm, released a report where they stated that DApps on EOS and Tron generate far more dollar-for-dollar transaction value than Ethereum. In fact, EOS and Tron DApps account for a staggering 94% of the US dollar volume across the three blockchains. The report states:
“Of the $5.5Bn already transacted on EOS, 70% go towards gambling DApps. This number is over 95% for Tron. Gambling Dapps only account for a tiny 2% of total US Dollar transaction volume on Ethereum despite nearly half of the applications being betting spots. The overwhelming majority of trading went towards trading on DEX – and even that now faces a continuous adoption downfall.”
The report concludes that this will still not hurt the overall value of Ethereum saying:
“It’s unlikely that this poses a long-term development threat, however, with major cryptocurrency institutions having backed financial projects already geared for Ethereum.”
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