Aptos Reaches New ATH Amid Rising DeFi Activities

Aptos Reaches New ATH Amid Rising DeFi Activities
Blockchain News
Like? Do Rank It! Likes

The native aptos token set a new record of $14.18 in the first hours of January. 22 following an increase of more than 200 per cent since the start of 2023.

According to CoinMarketCap, APT has been one of the best-performing digital assets in the current market rally, outperforming more seasoned rivals like Ethereum, and others. For the background, apt has grown by 79% over the past seven days, while btc and eth have grown by only 10% and 6%, respectively.

Source: CoinMarketCap

Source: CoinMarketCap

After launching to much criticism, users’ transactions on Aptos have increased by more than 100% in the last 30 days. Based on available data, block chain processed 83,675 transactions as of December 23. 21.

According to available data, the blockchain handled 83,675 transactions as of December 23. 21.The data also indicate that the creation of new accounts on the network has continued. Since December 23, we have created 10,248 new accounts. It went up to 11,500 in January. 3 but fell to 8.024 during January.

21. However, the number of active daily addresses increased from 23,065 to 35,742 during the period under review. At the same time, more than 80% of the offer of apt tokens is presently staked.

In addition, more than 80 per cent of the TPA token procurement is currently staked.

The total value of assets locked in the Aptos ecosystem has surged by 31% to $55.62 million from $40.82 million recorded on Dec. 1, according to DeFillama

Source: Defillama

Aptos TVL challenge up 31% Aptos defi tvl surged 31 per cent of the total value of fixed assets in the aptos ecosystem from 31 per cent to $55.62 million, up from $40.82 million on December 1, depending on the source of defillama: defillamaduring that period, activities on aptos that a number of projects have announced support for the network. 6, the leading BNB Chain-based decentralized exchange (DEX) PancakeSwap deployed to the blockchain. 6, the bnb leader based on the decentralized trade chain (dex) pancakeswap rolled out to the blockchain.

Since then, dex has dominated aptos' tvl, representing 59% of all tvl channels.

In the meantime, other network protocols, such as exchange, tortuga, ditto, abel finance, etc., have all experienced an increase in their tvl over the same period. Most recently, crypto swap on jan. 20 new liquidity funds for aptos as part of its liquid swaps package.

The movement has led to a rise in the trading volume of its trading pairs apt/btc and apt/usdt. In addition, NFT's activities on aptos have increased as well. In addition, there has been an increase in LNP activities on Aptos.

Mentions in the Article