The Aptos blockchain has seen a significant surge in network participation and staking interest over the past six months, with the number of delegators doubling to 48.6 thousand and the Total Liquid Staking TVL skyrocketing by 246% to $196.7 million by July 1, 2024.
Everstake, a leading staking service provider, shared the latest advancements on Aptos, highlighting the growing user base and network activity. The average number of active accounts remained steady at around 125,000, with notable spikes in user activity on June 2nd and 8th, reaching 500,000 and 1,200,000 accounts, respectively.
The expansion of staking and delegation pools on Aptos has strengthened network decentralization, with the number of staking pools increasing to 109 and delegation pools growing from 18 to 31. This growth has led to a total increase in nodes from 123 to 140, enhancing the security and resilience of the network.
The Nakamoto coefficient, a measure of decentralization, has risen to 22, surpassing competitors like Solana and Sui. The increase in delegated stakes from 118 million APT to 208 million APT reflects growing trust and involvement in the Aptos network, with the number of delegators more than doubling in the first half of the year.
Variable commission rates and the surge in Total Liquid Staking TVL to $196.7 million indicate the increasing popularity and value of liquid staking on the Aptos network. With sub-second latency, improved throughput, and user-friendly features, Aptos is enhancing network efficiency and user experience.
Despite a slight dip in the native token APT’s price, Aptos continues to innovate and expand its ecosystem. The introduction of the Aptos Growth Dashboard by Nansen and the user-friendly Aptos Connect authentication system are just a few examples of the platform’s commitment to community involvement and user convenience.
Overall, the impressive growth and advancements on the Aptos blockchain in 2024 demonstrate the platform’s potential to become a leading player in the blockchain space.
