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Home ยป L1 Blockchain Aptos Surpasses Solana, Achieving New Daily Transaction Record of 115.4M
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L1 Blockchain Aptos Surpasses Solana, Achieving New Daily Transaction Record of 115.4M

By adminMay. 27, 2024No Comments3 Mins Read
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L1 Blockchain Aptos Surpasses Solana, Achieving New Daily Transaction Record of 115.4M
L1 Blockchain Aptos Surpasses Solana, Achieving New Daily Transaction Record of 115.4M
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Aptos, a blockchain platform developed by former Facebook employees, has achieved a remarkable feat by setting a new record in daily blockchain transactions. On May 25, Aptos surpassed Solana with an astonishing 115.4 million transactions in a single day, surpassing Solana’s 31.7 million transactions. This achievement, according to Aptoscan, not only shattered previous records but also surpassed Sui Network’s record of over 65 million transactions by more than 50%.

The exponential growth in transactional activity on Aptos is a testament to the platform’s increasing adoption and the overall momentum of the blockchain industry. Data from Aptoscan reveals that the blockchain’s user TPS (transactions per second) reached an all-time high of 32,000 on the same day, demonstrating the platform’s scalability and robustness.

The recent surge in transactional activity on Aptos can be attributed to the launch of Tapos Cat, a tap-to-earn game that has gained rapid popularity. Within its first day on the mainnet, Tapos Cat processed a staggering 10 million transactions, contributing significantly to the increased activity on the platform. The game offers users the opportunity to earn $HEART tokens by interacting with a virtual cat, incentivizing multiple transactions within the game. Furthermore, Tapos Cat provides a gas-fee-free experience for the first 72 hours, encouraging players to engage without incurring any additional costs.

However, critics, including the CEO of Helius Labs, have raised concerns about the long-term viability and practical utility of Tapos Cat. They argue that the game’s focus on click-and-buy interactions may artificially inflate metrics without genuinely addressing user needs. Nevertheless, supporters of Aptos believe that Tapos Cat serves as an important engineering project, showcasing the scalability and robustness of the Aptos network while paving the way for future developments.

In addition to its achievements in transactional activity, the Aptos Labs team has recently welcomed a group of global advisors, including David Lawee, former vice president of corporate development at Google. Furthermore, Aptos Labs has partnered with Atomrigs Lab and South Korean telecommunications operator SK Telecom (SKT) to announce plans for the launch of T wallet, a Web3 wallet service.

On the other hand, Solana has proven to be the fastest among large blockchains, processing an impressive 91 million transactions in a single day. During the memecoin frenzy on April 6, Solana achieved a record-breaking daily average of 1,504 transactions per second (TPS), making it 46 times faster than Ethereum and over 5 times faster than Polygon, the Ethereum scaling solution with the highest TPS. However, despite its speed, Solana has only achieved 1.6% of its theoretical maximum speed of 65,000 TPS. It is worth noting that Ethereum scaling solutions and layer 2 solutions have yet to surpass other layer 1 blockchains in terms of real processing speed, possibly due to the lower number of on-chain transactions on these solutions, resulting in slower realized TPS.

In conclusion, Aptos has set a new record in daily blockchain transactions, surpassing Solana with an impressive number of transactions. The platform’s increasing adoption and the launch of Tapos Cat have contributed to its exponential growth in transactional activity. While critics question Tapos Cat’s long-term viability, supporters see it as a valuable project that showcases the scalability and robustness of the Aptos network. Meanwhile, Solana remains the fastest among large blockchains, but it has yet to reach its theoretical maximum speed. Ethereum scaling solutions and layer 2 solutions are still striving to surpass other layer 1 blockchains in terms of real processing speed.

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