CandleFocus

Aptos Network Expands with 16.7M Monthly Active Users

The Aptos network has achieved a new record with 16.7 million monthly active addresses and a daily peak of 1.7 million active addresses. The network has become busier due to increased user and developer interest, and the integration of native USDC has attracted new users. The launch of native USDC has facilitated faster and safer transactions. The expansion presents opportunities for developers, particularly in the decentralized finance (DeFi) space. However, the network must handle the increased load without compromising performance. The upcoming token unlocking event, worth $101 million, is highly anticipated by the market and could impact investor strategy and price dynamics. Aptos has also adopted Chainlink's criteria to ensure accurate and tamper-proof data for blockchain applications. The APT token is currently trading at around $6.01, with a market cap exceeding $3 billion.

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