- The Tron (TRX) network is close to a new milestone of 1 Billion smart contract triggers.
- Tron Dapps continue to be popular with Justin Sun aiming at the DeFi industry.
- The market performance of TRX mirrors the developments at the Tron project.
The Tron (TRX) network is inches away from a new milestone of 1 Billion smart contract triggers. At the time of writing, smart contracts on the Tron network have been triggered 928,739,657 times. The potential of Tron achieving this feat was also highlighted by the project’s founder and CEO, Justin Sun, via the following Tweet.
— Justin Sun (@justinsuntron) July 31, 2020
Tron DApps Continue to Be Popular
Tron’s smart contract triggers heading to 1 Billion can be attributed to the popularity of DApps on the network. A quick glance at DappRadar.com reveals that five out of the top ten most used DApps are on the Tron network. Furthermore, the majority of the top 50 DApps ranked on DappRadar, are also built on the Tron network.
Justin Sun and the Tron Foundation Focus on DeFi
In the DeFi ranking category of DappRadar.com, the Just (JST) platform tops the list ahead of popular Ethereum based DeFi platforms such as Synthetix, Compound (COMP), MakerDAO (MKR) and Aave (LEND). Below is a screenshot of the DeFi ranking category on DaapRadar.com.