New Solana and Ethereum Rival Surges 130% in Just One Week As Ecosystem Heats Up

The altcoin project, which seeks to match smart contract platforms like Ethereum and surpass the speed of Solana (SOL), is leading the top 100 crypto assets by market cap in the past week with huge profits.

As of this writing, Aptos (APT) is up 109% over the past 7 days and is up 130% as it climbs to $8.67 after hitting a low of $3.76 a few days ago. .

Aptos Chain uses a programming language called Move. It was created for his Diem, a crypto project that Meta has since abandoned. Aptos aims to advance his Diem’s original goal of creating a fast, scalable blockchain that is accessible to the masses.

APT’s rally comes with an overall crypto market rally as Bitcoin (BTC), Ethereum (ETH) and most altcoins have recorded gains over the past few days. The Aptos ecosystem is also showing signs of life, with several projects and milestones emerging.

Atomic Wallet is a self-hosted cryptocurrency wallet with over 3 million users worldwide. announced Support for APT holders.

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

Before the year started, Aptos CEO and co-founder Mo Shaikh said that 2023 will bring a major development to its Solana rival.

Sheikh says,

We have some really cool DeFi stuff coming out soon that will not only use things like Move, but also parallel transaction processing. type exchanges) will all be very good at overseeing Aptos, it’s a step change in innovation compared to everything we’ve seen in previous generations of blockchain So we’re looking forward to all of that.”

At the time of writing, APT is trading at $8.18 and has a market cap of $1.2 billion.

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