Crypto News

Aptos Hits $1 Billion TVL And Gains 8 Million Monthly Users, Boosted By European Staking Launch

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Aptos has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) and attracting over 8 million monthly active users.

The blockchain platform continues to gain traction, with an impressive 75.7% of its TVL concentrated in two primary sectors: Lending & Borrowing and Liquid Staking.

This growth is coupled with strong user retention, as Aptos sees a 450% increase in returning addresses since September, with more than 60% of its daily active users being repeat participants.

Aptos’ continued success isn’t just about capital influx; it’s also about building a loyal and active ecosystem. In fact, in the last 10 days, several key on-chain metrics have shown substantial improvements, signaling the growing strength of the network:

  • – Fees: $6.8K, a rise of 80%
  • – TVL: $1.024 billion, an increase of 128%
  • – Trading Volume: $76 million, up 304%
  • – Token Holders: 19.7 million, up 4%
  • – Daily Active Users: 681K, up 28%

Additionally, Aptos is making strides in Europe, as Bitwise is set to launch an Aptos Staking Exchange-Traded Product (ETP) on the SIX Swiss Exchange on November 19. This move opens the door for European investors to participate in the platform’s growth and staking opportunities.

Aptos is not only attracting new capital but also nurturing a loyal user base. With its increasing TVL, active community, and strong performance metrics, Aptos is positioning itself as a dominant player in the blockchain space.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.

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