That Altcoin That Turks Invested, Made New ATH –

Aptos (APT), an altcoin that attracts the attention of investors in Turkey, has been making a name for itself with its recent rise. APT managed to reach its all-time high (ATH) on January 22. Here are the details…

Popular altcoin APT jumps 200 percent

The native token APT of Layer1 blockchain network Aptos hit an all-time high of $14.18 on January 22, after an increase of over 200 percent since the start of 2023. According to CoinMarketCap, APT has become one of the best-performing cryptoassets in the current market rally, outpacing more experienced competitors like Ethereum, Bitcoin, and others. APT has increased by 79 percent in the last seven days, while BTC and ETH have increased by only 10 percent and 6 percent respectively.

After facing many criticisms, users’ transactions on Aptos have increased by more than 100 percent in the last 30 days. According to available data, Blockchain processed 83,675 transactions as of December 23, but that number rose to 173,627 on January 21. The data also shows that new account creation on the network is stable. As of December 23, 10,248 new accounts were created. This number, which increased to 11,500 on January 3, fell to 8,024 on January 21. However, the number of daily active addresses jumped from 23,065 to 35,742 during the reporting period.

Meanwhile, over 80 percent of the APT token supply is currently staked. According to the Aptos Labs explorer, the total supply of the token is 1.01 billion and 839.6 million of these tokens have been staked.

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Total locked value on Aptos increased by 30 percent

According to DeFillama data, the total value of assets locked in the Aptos ecosystem rose 31 percent to $55.62 million from $40.82 million recorded on Dec. During this period, DeFi activities gained momentum in Aptos as several projects announced their support for the network. On January 6, leading BNB Chain-based decentralized exchange (DEX) PancakeSwap was deployed on its blockchain. Since then, DEX has dominated Aptos’ TVL, accounting for 59 percent of the network’s total TVL.

By the way, AUX Exchange on the network, Tortuga, Ditto, ABEL Finance, etc. All of the other DeFi protocols, such as As we reported, crypto exchange Binance opened new liquidity pools for Aptos on Liquid Swap on January 20. The move led to an increase in the trading volume of the APT/BTC and APT/USDT trading pairs. It should be added that NFT activities on Aptos have also increased. Topaz data shows that the sales volume of the top 3 NFT collections on the network has increased by over 60 percent in the last 24 hours. Collections included Aptomingos, Aptos Monkey and Bruh Bears.

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