Cryptocurrency expert Arthur Hayes stated that Aptos, which rivals Solana and offers low transaction costs, could become a preferred alternative for future initial coin offerings (ICOs). Hayes emphasized the advantages offered by Aptos’ layer-1 blockchain technology and pointed out that this platform can play an important role in ICO processes.
Aptos’ Low Transaction Fees
Hayes stated that Aptos’ cost per transaction is quite low. According to him, this feature of Aptos can provide a great advantage for teams launching ICOs. Low transaction fees allow projects to operate more efficiently and economically on the blockchain.
Hayes, ICOs Ethereum in 2017 $3,913.0 He stated that the concentration on the network could render the network dysfunctional and lead to high transaction fees. He predicts that by 2025, block space costs on layer-1 networks such as Ethereum, Solana and Aptos will drop considerably. This can make ICOs more accessible and sustainable.
Market Status of Aptos
Hayes noted that Aptos’ native token, APT, is currently trading at $13.25 and ranks 30th by market cap. Stating that the value of APT has decreased by more than 8% in the last 24 hours, Hayes added that market fluctuations may affect the overall performance of the projects.
“In 2017, a popular ICO centered on the Ethereum network, causing the network to become dysfunctional. In 2025, block space costs will be very low on Ethereum, Solana, Aptos and other layer-1 networks. “As Aptos’ cost per transaction is incredibly low, it has the opportunity to become the preferred network for ICO launches.”
Hayes suggested in June that Aptos would outperform Solana this market cycle. This prediction supports that Aptos could be an attractive option for ICOs, given its technological superiority and economic advantages. We have seen how big profits the token issuances on the Solana network bring. If such a process occurs for APT in this cycle, it could have impressive consequences.
As a result, Aptos’ low transaction costs and high transaction capacity may play an important role in future ICO processes. These advantages can enable projects to reach a wider base of supporters and raise funds more sustainably. Aptos’ market performance and technological developments may be decisive in realizing this potential.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
