Santa Cruz, California – In recent developments, the Aptos network has shown remarkable growth in transaction activity, outperforming other networks like Polygon and Sui. Aptos, which initially did not receive as much attention during the recent bull run as meme coins or major cryptocurrencies, has seen a surge in activity.
Over the last 24 hours, Aptos processed over 16.4 million transactions, surpassing Sui Network for the second-highest number of daily transactions. The Tapos Cat game, a clicker game on Aptos, contributed significantly to this surge, with over 10 million transactions driven by the game. Tapos Cat has gained popularity with over 86 million transactions and 50,000 accounts created, similar to the SPAM SUI on the Sui Network.
With this increase in activity, Aptos managed to outperform major networks like Polygon. However, the long-term dominance of Aptos is not guaranteed, as sustainability requires constant innovation and a diverse range of applications. Polygon remains a tough competitor with a strong user base, established DeFi applications, and a well-developed network.
Despite surpassing Polygon in transaction activity, Aptos lags behind in other areas like DEX volumes and TVL on the network. To catch up, Aptos will need significant growth in these areas.
In terms of price movement, both APT and MATIC saw positive gains in the last week. APT climbed by 4.7%, while MATIC grew by 2.1%. However, APT fell behind MATIC in social media popularity.
Overall, the recent surge in activity on the Aptos network signals potential for growth and competitiveness in the cryptocurrency market. The network’s ability to innovate and expand its applications will be crucial in maintaining its momentum and attracting users away from other networks like Polygon.