- Aptos has recently catapulted its daily transaction figures to an impressive 326 million, a new all-time high for the blockchain network.
- The surge in transactions has been primarily driven by a popular clicker game called Tapos Cat.
- Avery Ching, co-founder and CTO of Aptos Labs, remarked that this milestone demonstrates the readiness of Web 3 infrastructure for large-scale applications.
Aptos network hits a groundbreaking 326 million daily transactions, outpacing competitors and showcasing the scalability of its blockchain infrastructure.
Aptos Surpasses Transaction Milestones
Aptos [APT], a leading layer 1 blockchain, has shattered its previous daily transaction record by achieving 326 million transactions in a single day. This extraordinary performance significantly outpaces Solana [SOL], which logs around 38 million daily transactions. Notably, this achievement follows Aptos’ earlier record of 156 million daily transactions set in May.
The Role of Tapos Cat in this Achievement
The incredible spike in network activity can be attributed to Tapos Cat, a click-to-earn game that has gained substantial traction. The game’s second version alone generated 500 million transactions within three days, contributing massively to the surge. Such remarkable activity illustrates that Aptos’ ecosystem is rapidly evolving, positioning itself to compete with other blockchain networks like Solana and Sui [SUI].
Implications for APT Holders
For APT holders, this development brings promising news. On a 12-hour chart, the price of APT has retraced to a bullish order block, establishing a short-term support level above $5.65. Should market sentiment improve in the upcoming week, APT might target a 14% gain, aiming for the $7 supply zone. Indicators like the Stochastic RSI suggest that the asset is oversold, hinting at a potential price reversal. However, should bearish pressure prevail, the $5 support remains a crucial level to watch.
Conclusion
This latest milestone not only highlights Aptos’ technological capability but also underscores its potential to redefine the landscape of blockchain transactions. With significant transaction volumes driven by innovative applications like Tapos Cat, Aptos is making a compelling case for its scalability and robustness. Investors and stakeholders should keep a close eye on the developments within the Aptos ecosystem, as it continues to make strides in the competitive blockchain arena.
