CandleFocus Aptos Blockchain’s Massive On-Chain Activity Raises Growth Hopes Amid Fears Over Bot Inflation
2024-09-16
Author: Content Editor
Aptos, a layer-one blockchain, has reported significant growth in on-chain activity. The blockchain recorded 5.4 million active monthly addresses and 578 million transactions last month, indicating increased consumer engagement and optimism for the Aptos ecosystem. The token powering the blockchain, $APT, has also seen a 4.9% price increase over the past year. However, there are concerns about the true nature of the activity and whether it is driven by airdrop incentives or bot activity. Despite the growth, caution is advised when interpreting these numbers.
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