Crypto veteran Arthur Hayes thinks the affordability of 1 Solana (SOL) rival might assist it emerge as the popular alternative for future preliminary coin choices (ICOs).
In a brand new analysis, the BitMEX co-founder highlights the low per-transaction value of the layer-1 blockchain Aptos (APT).
“In 2017, it was not unusual for a scorching ICO to render the Ethereum community inoperable. Fuel charges would spike, and nobody might use the community affordably. In 2025, the price of block area on Ethereum, Solana, Aptos and different layer-1’s will likely be extraordinarily low cost. The present order throughput is orders of magnitude greater than in 2017. If a crew can garner a broad base of assist from avid degen speculators, their skill to boost funds is not going to be hampered by a gradual and costly blockchain.
Given the insanely low per-transaction value of utilizing Aptos, there is a chance for them to develop into the popular chain [for] ICO launches.
Common transaction price in $:
- Aptos: $0.0016
- Solana: $0.05
- Ethereum: $5.22″
In June, Hayes predicted Aptos would overtake Solana sooner or later on this market cycle.
Aptos’ native token, APT, is buying and selling at $13.25 at time of writing. The Thirtieth-ranked crypto asset by market cap is down greater than 8% prior to now 24 hours.
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