- Aptos and Ton witnessed a massive surge in activity over the last month.
- However, the price of both APT and TON failed to see green.
All eyes in the crypto sector have been on Solana [SOL] as activity on its network has surged over the last few weeks.
However, some dark horses in the crypto space have emerged that were observed to be doing well in terms of activity.
A surge in activity
Specifically, Aptos [APT] and Toncoin [TON] have shown significant growth over the last month. According to Token Terminal’s data, Aptos witnessed a 406.2% surge in daily active users (DAU) over the last month.
This surge in activity made Aptos the number one protocol with the highest growth in terms of DAU. Solana came in second, with Ton trailing at the number three position with an uptick of 247% DAUs.
Source: X
The surge in activity within the cryptocurrency sector presents significant opportunities for APT and TON to capitalize on positive momentum and enhance their market positions.
With increased visibility and recognition stemming from their notable growth in daily active users, both projects stand to benefit from heightened attention among investors, traders, and potential users.
This spike in activity not only instills confidence and trust in the projects but also stimulates network effects and ecosystem development.
As more users actively engage with the Aptos and Ton protocols, it creates opportunities for the expansion of their ecosystems, attracting developers to build on the platforms and fostering a vibrant community of users.
Growth in the DeFi sector
It’s worth noting that the Total Value Locked (TVL) of both Aptos and Ton experienced growth during this period of increased activity.
The growth in TVL indicated an influx of assets being locked within the respective protocols, highlighting increased participation and engagement from users.
This growth in TVL not only reflects the rising confidence in Aptos and Ton but also underscores their ability to attract and retain value within their ecosystems.
Source: X
How much are 1,10,100 APTs worth today?
Despite the progress made by the protocols, the tokens did not see any growth. Over the last 24 hours, the price of APT fell by 1.02% trading at $14.33 at the time of writing.
TON faced an even more significant correction of 3.84% during the same period. At press time, TON was trading at $3.74.
Source: Santiment
