Crypto NewsAltcoinOnchain Data Reveals: This Altcoin Broke Two Records

Onchain Data Reveals: This Altcoin Broke Two Records

According to cryptocurrency onchain data, an altcoin broke two records this week and surpassed its closest rival.

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According to Onchain data, an altcoin broke a new record in the number of daily transactions made by its users.

Aptoscan, the block explorer of the Aptos (APT) network, broke a new record with 97.48 million user transactions in one day on May 24. This record was previously held by another layer 1 blockchain network, Sui, with 65 million transactions.

In addition, Aptos users' TPS value, which is the transaction speed per second, reached 27,000, which is a record.

The reason for these records is thought to be a game released on the Aptos network.

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Aptos, which has a market value of approximately $4 billion, is the 26th largest blockchain in the world at the time of writing. However, with the overall market rally and the approval of Ethereum Spot ETFs, Aptos' rise this week has been around 11%. This puts APT among the altcoins that have risen the most this week.

Aptos, which is listed on Binance, Coinbase and Upbit, among the world's largest cryptocurrency exchanges, is trading at a level much lower than the all-time high price record of $ 19.90, which was reached in January last year.

*This is not investment advice.

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