EOS is now the fourth largest cryptocurrency by market capitalization, surpassing Litecoin, Stellar and Tether, according to data from CoinMarketCap. EOS has reached $ 2.52, earning 29.21% in 24 hours.
EOS feeds a series of decentralized apps (DApps) into the blockchain ecosystem. The number of active DApp users now stands at 21.4k, almost double the DApp users on Ethereum, around 11.7k, according to data compiled on State of the DApps.
State of the DApps also reports that each of the decentralized high-end applications built on EOS hosts several thousands of active users every day, recording the highest totals among the DApps listed on Ethereum, POA and Steem.
Top EOS DApps – Users (24 hours)
DApp's business is a metric that measures the effective adoption of blockchain-based applications. Because the cryptocurrency market is still largely driven by speculative traders, developers are working to bring utility into space. DApps for gambling and gambling are proving to be the lowest fruit, achieving maximum traction on EOS.
On Ethereum, DApp's number one is currently Status, a blockchain discovery tool that combines a messenger and a browser. The status is followed by Storj, a decentralized cloud storage platform.
The surge in EOS prices comes in between a rebound in broader encryption that shows modest gains, with Bitcoins currently trading around $ 3,550 after a 24-hour high of $ 3,606 and a minimum of $ 3,485, according to WorldCoinIndex data.
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