The cryptocurrency market is largely centered on distributed applications, or dApps, with several ecosystems jostling for mainstream momentum. The question now is which application is the best one to invest in a niche market that caters to very particular investors. Here are the five most popular dApps on the Ethereum system.
IDEX (Decentralized Exchange)
IDEX is currently the most popular dApp on Ethereum. Users apparently like the app’s DEX-oriented format, which revolves around decentralized solutions. The app has seen almost 7,000 transactions and 817 users in a span of 24 hours, thus indicating substantial growth.
FORKDELTA (Decentralized Exchange)
ForkDelta is another decentralized exchange application. It offers different solutions to traders, and they apparently like what they see, if its 24-hour volume is any indication. The dApp currently has 653 active users with the number of transactions less than half of IDEX.
KYBER NETWORK (Decentralized Exchange)
Kyber Network is another DEX-based dApp on Ethereum. The app blasted through the top five list solely on its 486.1 ETH volume. But cryptocurrency enthusiasts say that it could’ve done better, considering that it reportedly has a community of 110,580 users.
Gambling-based solutions have been in demand since the introduction of dApps, with FCK holding out strong. The dApp shows steady growth, with 443 active users at the moment and a 4m350 ETH volume.
Dice2.win is another well-received betting app on the Ethereum network. This dice game is effectively utilizing the Ethereum blockchain, with 57 users signing up in one day. However, its 550 ETH volume is less impressive.