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Aptos Blockchain Hits 2 Billion All-Time Transactions Milestone
Aptos’ DeFi Ecosystem Thriving
Exciting developments in the Aptos blockchain ecosystem have led to a significant milestone, with the total value locked (TVL) doubling to $1.3 billion and reaching an all-time high. Recent launches like AGDEX, a decentralized perpetual exchange, have contributed to this growth.
Network Activity and Developments
Despite the surge in TVL and active users reaching 4.1 million, Aptos experienced a decline in development activity recently, as fewer efforts were made to enhance the blockchain. Daily active addresses and transactions started to decrease, signaling a temporary setback in network usage.
Bullish Trend for Aptos [APT]
Aptos’ native token, APT, displayed a 3% price hike, reaching $14.97 with a rising long/short ratio indicating increased bullish sentiment in the market. This positive momentum suggests a favorable outlook for the altcoin.
Looking Ahead
With Aptos’ DeFi space booming and a bullish trend for APT, the blockchain continues to make strides in the cryptocurrency market. Stay tuned for more updates on Aptos and its ecosystem.
The information in the article is for informational purposes only. It does not constitute any investment advice. The author and CryptoBlockNews.com are not responsible for your profits or losses arising from your investments. Investment is ultimately based on many foundations such as knowledge, accumulation, experience, research and personal decisions.
