In a groundbreaking development, Aptos, a layer-1 blockchain platform created by former Facebook employees, has set a new record for user transactions. On May 25, Aptos recorded an astonishing 115.4 million transactions in a single day, far surpassing Solana’s 31.7 million transactions and setting a new industry benchmark.
The surge in transaction volume also eclipsed the previous record of over 65 million transactions held by the Sui Network, marking a significant leap of more than 50%. Aptoscan reported that the platform’s user transactions per second (TPS) hit an all-time high of 32,000, highlighting a rapid increase in blockchain activity and adoption.
This remarkable spike in transactions is largely attributed to the launch of Tapos Cat, a new tap-to-earn game that became an instant sensation. On its first day, Tapos Cat alone accounted for 10 million transactions, propelling Aptos to new heights. The game allows users to earn $HEART tokens by ‘tickling’ a virtual cat, encouraging frequent transactions. Additionally, Tapos Cat offered a gas-fee-free experience for its first 72 hours, further boosting user engagement.
Despite the high transaction volume, Aptos has maintained consistent gas fees and success rates. This stability is due to the platform’s Aggregator feature, which processes multiple transactions simultaneously, ensuring efficiency and a smooth user experience.
However, not everyone is convinced of the game’s longevity or practical utility. The CEO of Helius Labs has questioned the sustainability of Tapos Cat, suggesting that its click-and-buy mechanics might artificially inflate transaction metrics rather than providing genuine user value.
Aptos supporters argue that Tapos Cat is a significant engineering feat, showcasing the network’s robustness and scalability while laying the groundwork for future innovations. Aptos Labs remains steadfast in its mission to bring decentralized assets to billions of users.
In a bid to expand its influence, Aptos Labs introduced new global advisers on May 9, including David Lawee, former vice president of corporate development at Google. Additionally, in partnership with South Korean telecom giant SK Telecom, Aptos Labs and Atomrigs Lab plan to launch a Web3 wallet service, T wallet, by November 2023.
Aptos’s recent achievements highlight its potential to lead the blockchain industry, but whether this momentum is sustainable remains to be seen.