Aptos Hits 1.7B Transactions, Cementing Its ‘Solana Killer’ Status

• Aptos has named major milestones as it celebrates 2nd year anniversary.
• Among the key milestones is a 1.7 billion transaction count.

Independent Layer-1 blockchain platform, Aptos (APT) recently clinched a new transaction milestone as it marks its second year anniversary. Aptos revealed in an X post that the volume of transactions across the platform has soared to 1.7 billion. This is an all-time high for Aptos, supporting its status as a “Solana killer.”

Aptos Transactions and 2 Year Milestone

In its celebratory post, Aptos highlighted the protocol’s achievements since it launched two years ago. Among its accomplishments include the accumulation of over 27.7 million all-time active addresses in this period. This reflects the network’s increased adoption among users. Notably, the peak transactions per second value during this time comes in at 13,367.

Happy Birthday, Aptos!

In just two years, here’s what we have accomplished together 🌐

– 27.7M all-time active addresses
– 1.7B all-time transactions
– 326M transactions done in a single day
– 250 innovative projects that are #builtdifferent

and we’re just getting started ⚡ pic.twitter.com/OMvk7oj0NX

— Aptos (@Aptos) October 18, 2024

Aptos also celebrated a record 326 million transactions performed on the network in a single day. Notably, Aptos now holds the top 4 records for daily transactions among all blockchains. The protocol also noted that 250 innovative projects has launched on its blockchain, with 149 validator nodes across 22 countries and 47 cities.

Aptos’ impressive performance is further cemented by approximately 5x increase in Total Value Locked (TVL) year-to-date. The network also spotlighted its upgrades and many integrations with top projects. One notable partnership was with Ignition AI Accelerator, a collaborative initiative between NVIDIA, Tribe, and Digital Industry Singapore (DISG). As CNF reported, the Ignition AI Accelerator aims to drive the growth and advancement of AI startups in Asia.

To further enhance its platform, Aptos has also launched its Non-Fungible Token (NFT) bridge on Wormhole. To further enhance Web3 adoption, Aptos has acquired HashPalette Inc., a blockchain developer in Japan.

Besides these integrations, Aptos has received over $150 million in funding from the Aptos Foundation to fuel innovation for over 165 projects. This ongoing investment empowers Aptos developers to create next-generation applications that help drive the ecosystem forward.

What Aptos Future Looks Like

Aptos is well-positioned to handle financial transactions at a global scale due to its ability to facilitate fast, cheap and reliable payments. This year, Aptos introduced Move 2, an upgrade to the Move programming language to simplify the development of DeFi applications. 

Aptos plans for the future include accelerating use cases in payments, advertising, and loyalty programs. This aligns with the network’s mission to onboard the next 5 billion internet users. Overall, Aptos is leading the charge into a new era of digital finance, where money moves better and faster than ever.

Within the last two years, APT, the network’s native token, has seen some exciting sentiment. A few days earlier, the coin’s price added almost 7.5%, while its capitalization reached $4.62 billion.

As of this writing, APT waes trading at $9.69, up 7.5% in the past week. Its market capitalization is pegged at $5 billion.