Crypto veteran Arthur Hayes thinks the affordability of 1 Solana (SOL) rival may 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 may use the community affordably. In 2025, the price of block house on Ethereum, Solana, Aptos and different layer-1’s shall be extraordinarily low cost. The present order throughput is orders of magnitude increased than in 2017. If a workforce can garner a broad base of assist from avid degen speculators, their potential to boost funds won’t be hampered by a sluggish and costly blockchain.
Given the insanely low per-transaction value of utilizing Aptos, there is a chance for them to change into the popular chain [for] ICO launches.
Common transaction charge in $:
- Aptos: $0.0016
- Solana: $0.05
- Ethereum: $5.22″
In June, Hayes predicted Aptos would overtake Solana in some unspecified time in the future 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.
Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox
Verify Price Action
Comply with us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Day by day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses you could incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in internet affiliate marketing.
Generated Picture: Midjourney
