Aptos: Network activity shows recovery, but bears seize control of APT
Thanks to the reduction in gas fees, network activity on the blockchain was recovering again.
As per Artemis’ chart, after a steep dip, the number of daily transactions on APT was climbing up. The same trend was also followed by the number of daily active addresses, which looked optimistic.The blockchain’s health looked fine, but the same can’t be said for its native token. Over the last 30 days, APT’s price witnessed a major reduction, thanks to the bearish market condition., APT’s price declined by more than 2.5% in the last seven days. At press time, it was trading at $8.
’s popularity was also affected, as evident from the decline in its social dominance. However, APT’s development activity remained high, which by and large is a positive signal for a blockchain.
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