Aptoshasexperiencedanincreaseinactivityattheendofthesecondquarter.ThenumberofmonthlyactiveaddresseshasreachedanewrecordinJune
Aptosactivitysurgedattheendofthesecondquarter,withmonthlyactiveaddresseshittingarecord4.8millioninJune,accordingtodatafromTheBlock.Thenewmonthlyhighisdrivenbyasurgeinusersinmid-June,withTokenTerminaldatashowingdailyactiveusershittingarecord1.3milliononJune8.ThismarksthefirsttimeAptoshasseen1millionusersinasingleday.Aptosisalayer1blockchainthatsupportssmartcontracts.ThenetworkusesaprogramminglanguagecalledMove,whichwasdevelopedbyMystenLabs,thecompanybehindSui,anotherfast-growinglayer1blockchain.BothAptosandSuiwerefoundedbyex-Facebookemployees.Aptoshasalsomadeinroadsintodecentralizedfinance(DeFi),withatotalvaluelocked(TVL)of$340million,accordingtoDefiLlama,whichisabouthalfofSui'sTVL.AptosTVLcrossedthe$500millionmarkonApril1afterincreasingtenfoldsinceSeptember2023.ThemostactiveDeFiapplicationsarelendingprotocols-suchasAriesMarkets,EchelonMarket,andAptinFinance-anddecentralizedexchanges,includingLiquidSwap,CellanaFinance,andPancakeSwap.WhileJuneissettobecomethemonthwiththemostactiveusers,Maystillholdstherecordforthenumberoftransactions,withanimpressive350million.ThesurgeintransactionswaslargelydrivenbyacatclickergamecalledTapos,whereeachclickgeneratesatransactiononthenetwork.PlayersclickonacattoearnHEARTtokensinthegame.Thegame'scampaignendedonMay26,whichcausedacorrectioninthenumberoftransactions.ItshowedthatAptoscanhandlealargevolumeoftransactionsatalowcost.Don'tMissaBeat-SubscribetoHaveOurCryptocurrencyNewsDeliveredDirectlytoYourInboxFollowusonXandTelegram
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