Aptos

$APT

The Aptos blockchain looks to be doing well out of the gate after some hiccups at the start of the mainnet.

Looking at the on-chain data, they seem to be growing at a good healthy rate.

(stats below as of Feb 1st, 2023)

Looking over the last 30-day window, there is a slight decline in New Accounts, but over the last 7-day window, about 22% of the activity on-chain is from New Accounts (7-day averages: 5.2K New Accounts out of 22.7K Active Users).

There are 103 validator nodes in 40 Cities covering 23 Countries.

There are 841M APT tokens locked in 103 nodes, but the delegations seem pretty top-heavy:

  • Over 20% of the nodes having +22M APT delegated.

  • In contrast, over 50% of the nodes have under 2M APT delegated, with most of those nodes only having around 1M APT delegated (which is the minimum).

I’m not sure if this L1 will be able to keep growing at this rate, but it is currently sitting in 6th place between Solana (5th) and Polygon(7th) based on 24hr trading volume, so I would say this project has done well out of the gate to be keeping this company.

Check out the Aptos Explorer for on-chain data Show Less

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