Tron, a platform where users can deploy smart contracts and run decentralized applications (dapps) like they would in Ethereum, is rapidly growing its daily active addresses (DAA). DAA is the count of unique addresses that send or receive tokens on a blockchain on any given day.

Tron’s DAA Exploding, Surpasses Ethereum, Bitcoin

According to metrics shared by decentralized finance (DeFi) researcher Alex Wacy on October 6, citing Token Terminal, Tron has over 1.9 million DAA, more than twice those in the BNB Chain, which, at the time of sharing, stood at 915,000. Ethereum and Polygon had 320,000 and 301,000 trailing Bitcoin, the legacy blockchain, which had 570,000 DAA.

At this level, it is estimated that Tron is creating 200,000 new addresses daily. Other metrics also show that …