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BBN > Greece > Crypto Business > Nansen Unveils Stunning Increase in Aptos Transactions and Developer Engagement
GreeceCrypto Business

Nansen Unveils Stunning Increase in Aptos Transactions and Developer Engagement

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Last updated: 17/07/2024 18:27
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nansens new dashboard reveals aptoss dramatic rise in transactions and developer activity 6697e27566cd3
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The Growth of the Aptos Ecosystem

This year has seen a remarkable growth in the Aptos ecosystem. According to a recent press release, the number of active addresses on the Aptos blockchain has more than doubled, going from 77,382 in January to 186,685 in July.

Aptos User Expansion

Recent data from Nansen’s Aptos Growth Dashboard shows that May 2024 was a pivotal month for Aptos, with a record-breaking 117.376 million transactions processed in a single day. This far surpassed Solana’s peak of 31.7 million transactions and set a new high for Layer 1 blockchains, previously held by Sui Network at 65 million transactions.

Furthermore, the developer community within the Aptos network is growing steadily, with an increasing number of contracts being deployed.

Changes in the Ecosystem

Key entities in the Aptos ecosystem, such as Echelon Market and Topaz, have seen a rise in new users. However, some others have experienced a slight decline, which may be influenced by broader market conditions.

It is important to monitor these developments as they reflect the overall health and growth of the Aptos ecosystem.

Nansen x Aptos Partnership

Despite a decline in user numbers, there has been an increase in transactions on the blockchain platform Aptos, indicating a strong product-market fit.

Delivering On-Chain Analytics

Nansen, a leading provider of blockchain analytics and insights, has recently announced a partnership with Aptos. The primary goal of this collaboration is to provide on-chain analytics and data to the Aptos ecosystem.

Through the use of Nansen’s Aptos Growth Dashboard, users will have access to important metrics such as active addresses, transaction volume, daily activities, and the top entities within the network. This partnership will allow investors, developers, and cryptocurrency teams to identify user activity trends, optimize marketing strategies, and enhance competitor analysis.

CEO of Nansen, Alex Svanevik, expressed his enthusiasm for the partnership by stating, “We are thrilled to work with Aptos, the fastest parallel blockchain, to offer comprehensive on-chain data and analytics to their growing ecosystem. This collaboration will empower investors and developers alike.”

Empowering the Aptos Ecosystem

Our mission is to provide a platform for tors, developers, and crypto teams to explore the Aptos ecosystem in depth. Through our tools and resources, we aim to empower individuals and organizations to innovate and thrive in the blockchain space.

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