Aptos Posts Triple-Digit Gains In Key Metrics, Yet APT Price Struggles At $8.40

Aptos Posts Triple-Digit Gains In Key Metrics, Yet APT Price Struggles At $8.40


According to a report by Messari, Layer 1 (L1) blockchain Aptos experienced substantial gains in key metrics during the first quarter (Q1) of the year. The growth was driven by the surge in Bitcoin prices to new record highs and increased capital inflow in the market. 

However, Aptos’ native token, APT, has struggled with price performance, recording modest gains compared to other top cryptocurrencies.

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The report highlighted that Aptos’ circulating market cap increased 127% quarter-on-quarter (QoQ) to $6.6 billion.

This growth outpaced other projects with similar market caps, improving market cap rank from 33 to 22. Despite this growth, APT’s price experienced a more modest increase of 76% QoQ. 

Aptos revenue, which encompasses all fees collected by the protocol, grew

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