Monday, April 12, 2021

Recap of the Glittering Year 2019 in TRON Ecosystem

  • TRON Handed the Jinse Finance awards for 2019 Most Innovative Public Chain
  • Recap of the Glittering Year 2019 In TRON Ecosystem
  • Growth Enhancing Acquisitions of TRON

There is more excitement left for the Tron community before advancing into the new year. On 27th December 2019, the top blockchain media Jinse Finance hosted the “Keeping Pace with the Time” Award Ceremony, which had the presence of over 100 blockchain enterprises.

Over 300 influencers and several institutions within the industry from China and abroad also graced the grand ceremony. During the event, TRON was handed the Jinse Finance awards for 2019 Most Innovative Public Chain, coupled with the top 100 blockchain enterprises in 2019.

Recap of the Glittering Year 2019 In TRON Ecosystem

There are many achievements to mention within the Tron ecosystem in the passing year. In 2019, DApps experienced magnificent growth on Tron’s innovative public chain in terms of projects and userbase, which distinctively bettered 2018 achievements.

In 2019, the number of TRON DApps increased substantially from 117 to 659. That’s over a 400% increase in the interval of a year. The number of active users also grew from 72,732 to 972,805 between 2018 and 2019.

The number of TRON Dapp transactions also grew significantly from 99,607,278 to 368,245,394, while the Number of DApp transaction volume (TRX) increased from 34,416,056,208 to 190,179,966,364, indicating a successful year for TRON in terms of the daily transaction.

More into TRON’s 2019

In the course of a year’s journey, the TRON network has gained voluminous improvement in relation to user-friendly public chain, with arguably the fastest and largest increase in the number of DApp and lowest cost for development and operation.

In terms of popularity and expansion in 2019, TRON is now ranked with the fastest expanding blockchain projects across the globe.

The growth and development accrued in the passing year as placed TRON behind EOS and Ethereum as the top 3 major DApp platforms in the world, and as number 1 in the midst of public chain projects in China.

Growth Enhancing Acquisitions of TRON

A San Francisco based internet technology company, BitTorrent Inc. was acquired in 2018. BitTorrent products now receive the patronage of over 170 million people across the world on a monthly basis.

The internet technology company BitTorrent successfully released BTFS, BLive, BitTorrent Speed and other products that contributed to the successes recorded in 2019 within the BitTorrent ecosystem.

Additionally, innovations like TronLink, TRONSCAN, and CoinPlay also served as tools that increased the users’ capacity in the TRON ecosystem.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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