Aptos: Can THIS pattern help APT push past $9? – BitRss

• Aptos’ on-chain activity surged, with 36.3% more transactions and 30.8% more active addresses.
• Horizontal scalability, rising Open Interest, and development activity signal strong growth potential.

Aptos [APT ($6.23)] has witnessed a significant surge in on-chain activity, with weekly transactions rising to 48.71 million, marking a 36.3% increase. Alongside this boost, the number of weekly active addresses has also increased by 30.8%, reaching 7.37 million. 

These figures suggest an upward trend, reflecting growing engagement and adoption within the blockchain ecosystem. 

Horizontal scalability unlocks new potential

Aptos recently unlocked horizontal scalability with the introduction of its Shardines technology, which enables over 1 million transactions per second [TPS] for non-conflicting transactions. 

Additionally, the system can handle over 500,000 TPS for conflicting transactions, offering a major breakthrough in blockchain scalability. This innovation positions Aptos at the forefront of blockchain advancements, addressing scalability issues that have long plagued the industry. 

With th…