have both faced multiple challenges in the crypto space for quite some time. Despite the challenges, the overall interest in both BNB and TRON remained consistent.Due to the consistent interest in these networks, they outperformed all other protocols in terms of activity. According to recent data, Tron kept its top position in terms of daily active users.
At the time of writing, the Tron network had over 2.1 million users. BNB came in third, with the number of active users on the network at 1.08 million.In terms of the DeFi sector, it was seen that the DEX volumes on the networks fell. BNB showed some dominance in the space whereas Tron was left behind.However, in this scenario, Tron outperformed BNB Chain implying that despite declining DEX volumes, the overall performance of the network remained the same.
In contrast to that, Tron did not have a good time on the social front. The social volume around Tron fell significantly over the last few days, implying that the network’s popularity was waning.In terms of development activity, Tron and BNB network saw a decline. Falling development activity can impact the ability of the network to push out new upgrades and updates onto the network.Himalay is a full-time journalist at AMBCrypto.
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