Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
Applications with decentralized networks made data storage and data sharing much more easy for users. DApp is nothing but software developed using blockchain technology to keep track of data, holding the same interface as other websites and mobile applications. Different DApss are running on the TRON, a blockchain network introduced by the Tron Foundation in 2017.
Let’s delve into the top Dapps on Tron offering high-throughput, reliable, and scalable solutions.
SunSwap
SunSwap dApp is a decentralized trading protocol mainly used for making exchanges between TRC20 tokens. The platform offers an automated liquidity provision and an open financial market for all users. Introduced in 2020, SunSwap is the very first decentralized token exchange protocol running on the TRON network. In the past 24 hours, the platform has around 805 UAW, interacted with the platform with total transactions of 1.19K, a decline of 9.94%. The total 24-hour volume of SunSwap is $308.36K.
Zilant Trading bot
Zilant Trading bot is another powerful application running on the Tron platform and is considered as one of the best crypto trading platforms. The automated trade copying system considers the trades of the world’s biggest traders to offer an immersive trading experience to the users. With around 437 UAW interacting with the platform, the DApp holds around 719 transactions in the past 24 hours with a $7.94K volume.
Degree Crypto
Degree Crypto is another powerful application on the Tron blockchain platform offering rewards and profits for staking, referral, investing, and other activities. With a high level of security, the application is all set to offer an immersive trading experience. Focusing on the past 24 hours’ performance, the platform interacted with 406 UAW, a hike of 4.63% with a transaction of 886, an upsurge of 58.21%.
JustLend DAO
Another powerful dApp streaming on the Tron platform is JustLend DAO, allowing users to lend, borrow, deposit assets, and earn interest. The application offers different incentives for different roles, including interest on assets along with transparency over the high-performing Tron network. Addressing the past 24 hours’ performance, the platform interacted with 170 UAW with total transactions of 348, an upsurge of 1.75%. The total volume on JustLend DAO in 24 hours is $13.22K, a decline of 90.93%.
Tron Sharks
Another dApp on the Tron platform that can offer high profits in the future or even daily is Tron Sharks. Any individual depositing at least 200 TRX is eligible to earn 4.5% earning on a daily basis. In the past 24 hours, the platform interacted with around 67 UAW with a total of 93 transactions, an upsurge of 29.17%. One of the best parts of the application is its offering of the best trading services by copying the trade system of the world’s biggest traders.
Conclusion
Tron blockchain allows developers to create dApps along with empowering users to trade with the cryptocurrency at very low transaction costs. JustLend DAO, Tron Sharks, SunSwap, Degree Crypto, and Zilant Trading bot are some of the most promising and profitable DApps on the Tron network.
Source: https://www.thecoinrepublic.com/2023/10/15/5-best-decentralized-applications-on-tron-gifting-solid-future/