Crypto: Aptos, challenger of Ethereum and Solana explodes by +135%; enters the Top 50



Investing.com – The recent rally in cryptocurrencies has benefited some tokens far more than others. Over the last 7 days, the gained 22%, while the Ethereum progressed by 17%. , a new cryptocurrency that appears to be a competitor of or , posted a gain of +51% over one week, and entered the top 50 crypto, currently in 46th position.

After a slightly positive first week of 2023, the rise of Aptos accelerated sharply on January 9, from the price of around $3.75, to reach a high of $8.82 on January 15, an increase of 135% in 6 days. .

Aptos then corrected slightly, to find support in the $7.8 area, but maintains a distinctly positive chart profile in the short term.

Note that the Aptos blockchain uses a programming language called Move, which was originally created for Diem, the crypto project of Meta (NASDAQ:) which has since been abandoned. Aptos did not change Diem’s ​​original goal, which was to create a fast and scalable blockchain accessible to the masses.

Several elements may justify that the Aptos crypto has posted a performance in recent days superior to most other digital assets.

Notably, Atomic Wallet, a self-hosted cryptocurrency wallet with over 3 million users worldwide, announced support for Aptos holders a few days ago.

Additionally, Flow, a blockchain created by the developers behind the popular Ethereum-based game CryptoKitties, implemented Jolteon, a coding protocol created by Aptos executives.

We should also remember that at the dawn of the new year 2023, the CEO and co-founder of Aptos, Mo Shaikh, declared that 2023 will be the occasion of several important developments:

“There’s some really cool DeFi stuff coming soon that leverages not only things like Move, but also parallel transaction processing. So, you know, central limit order books, AMMs ( automated market makers), DEXs (decentralized exchanges) – all of these things will be really cool things to keep an eye on on Aptos, these will be step changes in innovation from anything we’ve seen in the previous generation of blockchain, so we can’t wait to see all of that,” he explained.



Source link -95