{"id":79543,"date":"2024-05-26T14:24:48","date_gmt":"2024-05-26T18:24:48","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=79543"},"modified":"2024-05-26T14:24:54","modified_gmt":"2024-05-26T18:24:54","slug":"onchain-data-altcoin-breaks-two-records","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/onchain-data-altcoin-breaks-two-records\/","title":{"rendered":"Onchain Data &#8211; Altcoin Breaks Two Records"},"content":{"rendered":"\n<p>On May 24, Aptos (APT) set a new record with 97.48 million <a href=\"https:\/\/coinscreed.com\/staging\/jpm-coin-processes-daily-transactions-worth-over-1b-exec.html\" target=\"_blank\" rel=\"noreferrer noopener\">daily transactions<\/a>, surpassing Sui's previous 65 million transaction record.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"936\" height=\"486\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/OnChainAnalysis.png\" alt=\"Onchain Data - Altcoin Breaks Two Records\" class=\"wp-image-79551\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/OnChainAnalysis.png 936w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/OnChainAnalysis-300x156.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/OnChainAnalysis-768x399.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/OnChainAnalysis-750x389.png 750w\" sizes=\"(max-width: 936px) 100vw, 936px\" \/><figcaption class=\"wp-element-caption\">Onchain Data &#8211; Altcoin Breaks Two Records<\/figcaption><\/figure>\n\n\n\n<p>As per the data provided by Onchain, an altcoin surpassed the previous daily transaction record set by its users.<\/p>\n\n\n\n<p>On May 24, Aptoscan, the block explorer of the Aptos (APT) network, surpassed the previous record by processing 97.48 million user transactions in a single day. Sui, an alternative <a href=\"https:\/\/coinscreed.com\/staging\/vechain-becomes-first-layer-1-blockchain-network-to-partner-with-ufc.html\" target=\"_blank\" rel=\"noreferrer noopener\">layer 1 blockchain network<\/a>, had previously established this benchmark with a total of 65 million transactions.<\/p>\n\n\n\n<p>The TPS value of Aptos users, or transaction speed per second, also attained an all-time high of 27,000.<\/p>\n\n\n\n<p>It is hypothesized that a game released on the Aptos network broke these records.<\/p>\n\n\n\n<p>As of writing, Aptos, with an estimated market value of $4 billion, ranks as the 26th largest blockchain globally. Nevertheless, Aptos has gained approximately 11% this week due to the approval of Ethereum Spot ETFs and the<a href=\"https:\/\/fastercapital.com\/keyword\/market-upswing.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> general market upswing<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>. This places APT among the altcoins with the greatest weekly increase in value.<\/p>\n\n\n\n<p>Aptos, which is listed on three of the largest <a href=\"https:\/\/coinscreed.com\/staging\/cryptocurrency-exchanges-picking-the-right-platform-for-your-needs.html\" target=\"_blank\" rel=\"noreferrer noopener\">cryptocurrency exchanges<\/a> in the world\u2014Binance, Coinbase, and Upbit\u2014is currently trading at a significant discount to its all-time high price of $19.90, which was surpassed in January of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 24, Aptos (APT) set a new record with 97.48 million daily transactions, surpassing Sui&#8217;s previous 65 million transaction record. As per the data provided by Onchain, an altcoin surpassed the previous daily transaction record set by its users. On May 24, Aptoscan, the block explorer of the Aptos (APT) network, surpassed the previous [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":79551,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81],"tags":[7713,19722],"class_list":["post-79543","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","tag-altcoin","tag-onchain-data"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/OnChainAnalysis.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/79543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=79543"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/79543\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/79551"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=79543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=79543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=79543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}