News

Aptos User Transactions Sets New Industry Record With 97.5 Million

Key Points:

  • Aptos user transactions achieve a record-breaking 97.5 million in a single day, surpassing previous industry highs.
  • Tapos Cat game drives exponential surge in Aptos network activity, processing 10 million transactions within its first day on the mainnet.
On May 24, Aptos, a Layer 1 blockchain, shattered records with a staggering 97.488 million user transactions in a single day, marking a historic high in the industry.
Aptos User Transactions Sets New Industry Record With 97.5 Million 2

Read more: Top 5 Meme Coins On Aptos Ecosystem With Potential in 2024

Aptos User Transactions Reached New Records

The milestone eclipsed the previous record of 65 million transactions set by Sui Network. Aptos user transactions per second (TPS) also saw a remarkable surge, peaking at 27,000, another record-breaking achievement.

This surge in Aptos user transactions was primarily fueled by the popularity of the Tap-to-Earn game, Tapos Cat, where players earn rewards by interacting with a virtual cat. Within its first day on the mainnet, Tapos Cat processed a remarkable 10 million transactions, driving unprecedented activity on the Aptos network. Participants in the game accumulate $HEART tokens as rewards, with no gas fees charged for the initial 72 hours of gameplay.

Aptos Emerges as Leading Layer 1 Blockchain

Aptos distinguishes itself as a highly scalable, reliable, and cost-effective Layer 1 blockchain developed by the Aptos Labs team. The platform addresses key issues of reliability, scalability, and usability that have plagued other Layer 1 blockchains. Despite the high frequency of transactions, Aptos maintains stable gas fees and success rates thanks to its Aggregator functionality, allowing for the simultaneous processing of multiple transactions.

This recent achievement positions Aptos as a leader in the blockchain industry, surpassing Solana‘s daily transaction volume of 31.7 million. With its innovative solutions and rapidly growing ecosystem, Aptos continues to redefine the standards for Layer 1 blockchain performance and scalability.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

What Donald Trump’s New Found Love For Crypto Could Mean For The Altcoin Market

To understand the potential impact of this shift, it's essential to explore Trump's history with…

45 mins ago

MAR Mining launches new Antminer that allows users to easily earn $1,000 per day.

New Antminers are coming, providing MAR Mining with a more powerful and energy-efficient way to…

2 hours ago

Safely earn free BTC with ASTMINING cloud mining

Introducing ASTMINING, a disruptor in the cloud mining sector that provides seamless solutions to these…

2 hours ago

BlackRock Bitcoin ETF Surges with $1.1 Billion Trading Volume Today!

BlackRock Bitcoin ETF startled the financial markets, with $1.1 billion of trading volume said to…

6 hours ago

VanEck’s spot Ethereum ETFs Poised for Launch Amid Fee Battles!

Spot Ethereum ETFs may start trading any day now.

7 hours ago

Binance.US in Washington Will Suspend Services on August 20

Binance.US in Washington will halt operations on August 20, 2024, due to regulatory issues.

8 hours ago

This website uses cookies.