The Aptos blockchain, spearheaded by former Meta’s Diem engineers, has witnessed a surge in activity indicating a potential paradigm shift in the cryptocurrency landscape. Aptos Explorer data reveals a significant 43% increase in active accounts, soaring from 667,382 to an impressive 955,961 between December 23 and the present day.
The blockchain’s daily active user count peaked on December 26 with 113,480 users, reflecting strong network engagement. The highest transaction activity was recorded on December 24, with an astonishing 3.88 million transactions processed. The peak transactions per second (TPS) reached 323 on December 29, a critical measure of blockchain efficiency.
The native blockchain token of the Aptos network, APT, experienced a volatile journey alongside the increased activity. After witnessing a rise of over 17%, the token reached its peak following a correction of just 13.5%.
Currently valued at $9.54 per token, APT boasts a market capitalization of $2.93 billion, securing the 32nd spot among all cryptocurrencies. Since its mainstream launch in October 2022, Aptos has drawn attention as a potential “Solana killer” due to its effective blockchain value proposition.
The spike in online activity within the cryptocurrency often precedes significant price movements, especially when coupled with unexpected surges. Following a local bottom in mid-October, APT demonstrated an impressive growth of 118%, aligning with broader market trends. Consequently, the active accounts on Aptos Explorer surged by 43%, and the daily active user count reached 113,480 on December 26, indicating robust network interactions. The APT token climbed to the 32nd position with a market cap of $2.93 billion after a 17% growth.