Next-Gen Layer 1 Chains Sui (SUI) & Aptos (APT) Rebound 10% While DTX Captures Investor Interest with $10M Presale Milestone
The post Next-Gen Layer 1 Chains Sui (SUI) & Aptos (APT) Rebound 10% While DTX Captures Investor Interest with $10M Presale Milestone appeared on BitcoinEthereumNews.com.
SPONSORED POST* Sui (SUI) and Aptos (APT), dubbed next-generation blockchains due to their high speed and low transaction costs, both gained about 10% on Thursday, December 12, as per Coinmarketcap data. The two coins have leveraged the bullish sentiment of the broader crypto market, with Bitcoin (BTC) consolidating above the $100,000 mark. However, all eyes are on DTX, which recently hit the $10 million milestone in its presale round. Currently in Stage 6 and nearly 60% complete, the presale is beating estimates. The crypto community expects DTX to outperform next-gen layer 1 chains by a margin. Sui (SUI) Extends Gains to Reach New ATH Sui (SUI) has surprised many investors in 2024, becoming the fastest-growing layer 1 chain this year with its fivefold increase, beating the likes of Solana. The network claims to handle nearly 300,000 transactions per second (tps) while reaching finality within 400 milliseconds. This performance has prompted it to become one of the most sought-after blockchains in decentralized finance (DeFi). Currently, the total value locked (TVL) on Sui-based applications is at a record $2.2 billion, as per DefiLlama. The network had less than $250 million in TVL at the beginning of the year. The DeFi growth has been driven by native lending, trading, and yield protocols like Navi, Suilend, Scallop, and Cetus. On Thursday, Sui increased by over 9% after a bearish start to December, to $4.65. Thanks to this rebound, the cryptocurrency has extended monthly gains to over 50%. Earlier today, Sui established a new all-time high at $4.85. Now SUI holders eye the $5 mark, which is expected to be a strong resistance level. Aptos (APT) Recovers From Monthly Low Aptos (APT) is another top-performing blockchain that has consolidated its position in DeFi and Web3. On a side note, it shares many similarities with Sui,…
Filed under: News - @ December 15, 2024 9:21 pm