Ethereum Gains New Users as Tron and EOS Fade: Report

  • DappRadar found Ethereum saw a 64% increase in active wallets in Q1 compared to the previous quarter.

  • Competing protocols like TRON and EOS have not been so fortunate.

  • Ethereum dapp smart contracts touched more than 80% of the value across all blockchains, accounting for 370% more value than Q4 2019.

The crypto market crash last month hasn’t stopped Ethereum’s momentum. Despite a drop in activity on dapps following the March 12 crash, Ethereum had a strong first quarter of 2020, according to a report today from DappRadar. The analytics firm’s 2020 Q1 Dapp Industry Review reported a 16% increase in daily active wallets interacting with Ethereum-based applications compared to the previous quarter, and a growth in dapp use of 64% compared to Q1 2019. Read More...

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