Aptos Sets New Transaction Record, Surpassing Solana and Sui

banner-image

The layer-1 blockchain platform Aptos, developed by former Facebook employees, has achieved a remarkable milestone in blockchain transactions. 

On May 25, Aptos recorded an unprecedented 115.4 million transactions in a single day, significantly surpassing Solana’s 31.7 million transactions on the same day. This surge set a new benchmark in the blockchain industry, overtaking the previous L1 record of over 65 million transactions held by the Sui Network by a margin of over 50%.

Aptos Sets New Record

According to data from Aptoscan, the blockchain’s user transactions per second (TPS) also reached an all-time high of 32,000 on the same day. 

This record-breaking performance underscores a substantial increase in activity within the Aptos blockchain ecosystem, highlighting the growing adoption and momentum in the industry.

Launch of Tapos Cat

The recent spike in transactional activity on Aptos is largely attributed to the launch of Tapos Cat, a new tap-to-earn game that has rapidly gained popularity. 

Within its first day on the mainnet, Tapos Cat processed an impressive 10 million transactions, significantly contributing to the heightened activity on the platform. 

In the game, users can earn $HEART tokens by ‘tickling’ a virtual cat, with its structure facilitating multiple transactions. Additionally, the game offers a gas-fee-free experience for the first 72 hours, encouraging players to participate without incurring extra costs.

Aptos Maintains Consistent Gas Fees

Despite the high volume of transactions, the blockchain has maintained consistent gas fees and success rates. This stability is made possible by the Aggregator feature on the Aptos platform, which enables the simultaneous processing of multiple transactions, ensuring a seamless and efficient user experience.

However, the CEO of Helius Labs has expressed skepticism regarding Tapos Cat’s long-term viability and practical utility. The CEO questioned the game’s focus on click-and-buy interactions, suggesting it might artificially inflate metrics rather than genuinely serve user needs. 

While Tapos Cat may seem to lack a clear purpose at first glance, supporters of Aptos argue that it serves as an important engineering project. They believe it demonstrates the robustness and scalability of the Aptos network, paving the way for future developments.

The achievements of Aptos in transaction volume and TPS, coupled with its strategic partnerships and innovative projects, highlight its potential to become a leading player in the blockchain space. As the platform continues to evolve, it will be interesting to see how Aptos leverages its technological advancements to drive further adoption and growth in the decentralized finance ecosystem.

June 22, 2024

Top US Rapper 50 Cent has seen a major exploit of..

June 22, 2024

Bitcoin's blockchain bandwidth usage has surged past 90% following the recent..

June 22, 2024

Bitwise CIO is bullish on the future prospects of Ethereum (ETH)..

ads-image ads-image