APT, the native token of the Aptos blockchain, has risen by 7.1% in the last 24 hours, pushing its market rank to 19th and surpassing SUI, another Layer-1 blockchain using the Move programming language.
This recent surge may be linked to the excitement generated by the release of a new song titled “APT” by a member of the popular K-pop group Blackpink.
APT has risen 7.1% in the past 24 hours, ranking 19th in market value, surpassing SUI, which is also a Move language L1. This may be related to the community hype of the new song APT of the same name by a member of the famous Korean girl group Blackpink. The current TVL on the…
— Wu Blockchain (@WuBlockchain) October 22, 2024
Currently, the Total Value Locked (TVL) on the Aptos chain stands at an impressive $1.634 billion, further demonstrating the network’s growing influence in the DeFi space.
Last week, Aptos showcased its technological prowess by achieving high throughput, processing approximately 160,000 transactions per second with validation times under one second. These milestones highlight the chain’s efficiency and scalability.
Dive into Last Week’s Highlights in the Aptos Ecosystem
1/ @Aptos achieves high throughput and low latency, processing approximately 160,000 transactions per second and validating them in under one second.https://t.co/YUMUli9i55 pic.twitter.com/m9qMN1giJA
— Aptos Insights (@AptosInsights) October 21, 2024
In just two years, Aptos has made significant strides, achieving remarkable milestones:
– 27.7 million all-time active addresses
1.7 billion all-time transactions
A staggering 326 million transactions processed in a single day
250 cutting-edge projects launched on the network
Happy Birthday, Aptos!
In just two years, here’s what we have accomplished together
– 27.7M all-time active addresses
– 1.7B all-time transactions
– 326M transactions done in a single day
– 250 innovative projects that are #builtdifferent
and we’re just getting started pic.twitter.com/OMvk7oj0NX
— Aptos (@Aptos) October 18, 2024
These accomplishments underscore the rapid growth and innovation occurring within the Aptos ecosystem, making it one of the most exciting blockchain projects in the industry. With its combination of high throughput, low latency, and a growing list of projects, Aptos is positioning itself as a leader in the next generation of blockchain technology.
As community enthusiasm continues to grow, particularly with support from pop culture, Aptos is likely to see increased adoption and further expansion in both market value and use cases. All eyes are on Aptos as it continues to solidify its place in the blockchain landscape.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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