“Of the $5.5Bn already transacted on EOS, 70% go towards gambling DApps. This number is over 95% for Tron.”
“Gambling Dapps only account for a tiny 2% of total US Dollar transaction volume on Ethereum despite nearly half of the applications being betting spots. The overwhelming majority of trading went towards trading on DEX – and even that now faces a continuous adoption downfall.”
Diar says the rise of gambling DApps on EOS and Tron is unlikely to threaten Ethereum in the long run. Overall on-chain transactions on the Ethereum network are at an all-time high.
“It’s unlikely that this poses a long-term development threat, however, with major cryptocurrency institutions having backed financial projects already geared for Ethereum.”
You can check out the full report from Diar here.
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