Tron has broken its second record in two weeks, hitting 1 million daily transactions after crossing the 500,000 mark late last month.
Tron’s network transactions skyrocketed after October 21st but fell just short of 1 million, reaching 900,000 transactions. After a brief dip back down to 600,000, they have now dramatically increased again to just over 1,000,000.
Ethereum, by comparison, maintains only slightly more than half a million transactions daily. The increase has been attributed to the rise of betting dApps on the network such as TRONBet and TronDice which both enjoy over 200 million TRX payouts monthly.
Tron has been in the news lately for its support of Net Neutrality which has no doubt garnered increased interest from the crypto community. The Tron Foundation has been working hard towards its goal of improving internet decentralization and reducing the control imposed by large corporations such as Google and Facebook. Net Neutrality has come under threat lately by new legislation proposed by large corporations, prompting public outcry and several calls for U.S. Congress to address the issue. In support of the movement, Tron recently donated $10,000 to the Net Neutrality website donatefornetneutrality.com.
Despite ongoing accusations of plagiarism in its whitepaper, Tron continues to thrive and silence its skeptics. Unlike many competing projects, both Tron’s mainnet launch and virtual machine activation both went off without a hitch, proving the project is supported by a strong team and consistently stable technology.
Tron (TRX) has recently moved back into 11th position in overall market capitalization, currently trading at $0.023 with a market cap of $1.53 billion.