![Aptos [APT] starts 2023 with a bang, should Solana holders be worried?](https://i.headtopics.com/images/2023/2/6/cryptoamb/aptos-apt-starts-2023-with-a-bang-should-solana-ho-aptos-apt-starts-2023-with-a-bang-should-solana-ho-1622498579179880448.webp)
Aptos’s transaction speed advantage could cement itself as the ‘Solana Killer.’ APT soared by more than 400% over the last month. With its growing list of partnerships and product launches, Aptos [APT] has made the crypto world sit up and take notice. It recently wrapped up the first leg of its ambitious world hackathon tour […]
Furthermore, it expanded its footprints in the web 3 gaming ecosystem as well. Its partner METAPIXEL announced the upcoming launch of ‘Pixelcraft’ on the Aptos network through an official title reveal video.
Aptos is a layer-1, proof-of-stake blockchain launched in October 2022 by Meta’s engineers after Meta. The chain is developed using a Rust-based programming language called MOVE.mechanism which helps in reducing latency and generating faster transaction speeds. Aptos challenges Solana precisely in this department., Solana can process 65,000 transactions per second while Aptos could clock in more than twice the number at 150,000 TPS.Solana has also suffered from several network outages in 2022.
The price exploded from around $3 at the start of the year to $15.57 at the time of writing. In the same time period, its market cap shot up to more than $2.6 billion. That being said, the price action of the last 10 days indicated retracement.
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