Aptos Hits Record On-Chain Activity, But Bot Activity Still Has Doubts

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Coin79
09-15
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Aptos recorded a record milestone of 5.4 million monthly active addresses and hit a high of 578 million user transactions over the past month, indicating vibrant activity in its ecosystem.

According to The Block’s “Data and Insights” newsletter, Aptos has reached 5.4 million monthly active addresses, a number that is comparable to even more established chain . The platform also recorded 578 million user transactions last month, indicating a surge in activity within its ecosystem.

Meanwhile, APT has shown resilience, with a small but positive gain of 4.9% over the past 12 months—no small feat in a market that has seen plenty of volatility.

However, while these numbers paint a picture of a thriving ecosystem, it is important to approach on-chain metrics with a certain amount of skepticism. Bot activity or Airdrop programs can sometimes artificially inflate transaction counts and active addresses.

High transaction volume does not necessarily mean meaningful economic activity. This is a common indicator, but we should always be wary of being fooled. Promotions and Token distributions can cause temporary spikes in activity. It is important to XEM whether volume and activity persist after Airdrop , or whether enthusiasm wanes.

Rapid growth can be exciting, but sustainable ecosystems need a balance between new users and engaged, active participants.

As we navigate the ocean of blockchain data, it is important to remember that numbers, while illuminating, do not tell the whole story. The true measure of a blockchain’s success lies in its ability to solve real-world problems, drive innovation, and build a sustainable ecosystem.

The article Aptos Hits Record On-Chain Activity, But Bot Activity Still Suspicions Appeared First on Coin79 - Coin News Update and Crypto Investment Knowledge .

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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