Here’s a comprehensive report covering Aptos’ Q1 2023 performance
- Aptos’ market cap surged by 357% QoQ, marking a significant rebound from Q4 2022.
- Aptos update version 1.3.2 enhanced the network, including improved Multi-sig capabilities, a 100x reduction in gas fees, and other enhancements. Developer activity increased by 28% QoQ.
- The DeFi ecosystem is expanding rapidly, with new liquid staking protocols, CDP stablecoins, spot DEXs, and tooling emerging.
- Unity’s Aptos SDK is expected to be a key catalyst in the development of future GameFi projects on the network.
- On-chain transactions have decreased by 63% QoQ, due to the departure of airdrop farmers. However, there has been a 23% increase in cumulative unique addresses due to the onboarding of new users and the growing popularity of NFTs.
- Aptos continued its growth initiatives, which included organizing the Aptos World Tour and other community development events.
Full Report: https://deficryptovaults.com/aptos-q1-2023-report/