Ether Holds Up Despite Correction in CoinDesk 20: CoinDesk Indices Market Update
All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.
24H Price
The Aptos price is $9.26, a change of 0.75% over the past 24 hours as of 9:07 p.m. The recent price action in Aptos left the tokens market capitalization at $3.96B. So far this year, Aptos has a change of -3.37%. Aptos is classified as a Smart Contract Platform under CoinDesks Digital Asset Classification Standard (DACS).
Aptos is a newer-generation Layer 1 blockchain and smart contract platform launched in 2022. Aptos has a modular structure designed for scalability, high throughput, and low latency. This approach is intended to allow for additional flexibility and upgradeability, with the ultimate goal of a more robust user experience.
Aptos employs the Move programming language, which they claim allows for faster and more secure transactions, providing additional protection for smart contracts against potential bad actors.
The Aptos network is secured by a proof-of-stake consensus model, whereby network participants may stake their APT tokens into a validator, thus earning rewards for helping to process transactions, mint new blocks, and bolster the network.
DACS Sector: Smart Contract Platform
All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.
The aim is to offer banks and large institutions a gateway to decentralized finance on Aptos.
Five cryptos lost more than 30% this week, led by steep declines in Uniswap and Aptos.
Unlocks are scheduled releases of previously locked-up cryptos to prevent early investors and insiders from selling tokens in large numbers.
Sreeram Kannan, founder of EigenLayer, and the Eigen Foundation’s Robert Drost explain everything about the recently announced EIGEN token and how they are responding to critics who say the stakedrop favored whales. Read more...
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