Ethereum (ETH) was facing scalability issues. It is a factor which is known widely to the entire blockchain community. Many expected that Ethereum (ETH) would lose its market share when it comes to decentralized apps and smart contracts. However, few anticipated that it would happen fast. There are a couple of other cryptocurrencies which are actively eyeing this market share.
Is Ethereum (ETH) losing the decentralized apps market share?
On the other hand, Tron (TRX) is trying to attract users from Ethereum (ETH) and the EOS blockchain. Tron (TRX) also crossed 1 million users for blockchain. Justin Sun, the creator of Tron (TRX) also advocates the launch of the migration fund for developers of decentralized applications. Once that comes into action, the migration from the Ethereum (ETH) blockchain to Tron (TRX) will increase even more. It will cost Ethereum (ETH) dearly.
The main advantage of Tron (TRX) is that it offers scalability which Ethereum (ETH) is not able to provide. Unless and until this issue resolves, it will be challenging for Ethereum (ETH) to retain its users. The problem is that Tron (TRX) is already making a move for the users.
Many of the developers have already made a move and are converting their decentralized applications to the Tron network. As a result, Tron (TRX) is gaining more and more impetus.
When you look at the transaction volume of Ethereum (ETH) and the EOS, Ethereum (ETH) is already losing a significant amount of market share. It is no longer the most used blockchain when it comes to decentralized applications. That is why the Ethereum (ETH) market share is likely to fall even more. With increasing options, the developers of decentralized applications have more options than ever.