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Reading: Aptos Foundation Announces New Artificial Intelligence
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EdaFace Newsfeed > Latest News > Altcoin News > Aptos Foundation Announces New Artificial Intelligence
Altcoin News

Aptos Foundation Announces New Artificial Intelligence

vitalclick
Last updated: October 24, 2024 7:58 pm
7 months ago
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Contents
New Artificial Intelligence ToolsIncrease in APT Price and ExpectationsIncreased User Activity

Aptos Foundation has collaborated with decentralized artificial intelligence platform FLock io to strengthen the existing blockchain environment. This partnership aims to improve the coding experience of the Move language using artificial intelligence-based technologies.

New Artificial Intelligence Tools

Aptos Foundation and FLock io announced that they plan to develop artificial intelligence tools for the Move language used on the Aptos blockchain. Move was originally designed by Meta for the Diem project and is used in building the network. Protocols on the network are also coded in this language. However, since it is still relatively new, its usage rate remains low.

FLock io has created a large language model in the Move language that allows developers to write more efficient and faster code. Early evaluations show that this model produces more efficient and readable Move codes than other AI tools such as ChatGPT-4.

“Move adoption can be quite complex without the right tools.” – Bashar Lazaar, Head of Grants and Ecosystems at Aptos Foundation

Increase in APT Price and Expectations

Following this collaboration announcement, APT price increased by 5.34% to $10.25. Analysts state that this uptrend may continue if the current market momentum continues. While the main resistance levels are expected to be around $ 10.30 in the short term, it is predicted that a psychological barrier such as $ 10.50 may be tested if the price exceeds this level.

Aptos’s open interest in futures increased by 5.27% to $225.42 million, indicating increasing expectation in the market. According to crypto analysts, Aptos has completed the wave 2 correction of the Elliott Wave cycle.

“Aptos can move its price to at least $50 with Wave 3, the strongest period ahead.” – CryptoBullet1, Crypto Analyst

Increased User Activity

According to Token Terminal data, the monthly number of unique, fee-paying addresses on the Aptos network has exceeded 7 million. This increase demonstrates rising user activity and adoption across the Aptos network, creating a positive tone for APT’s potential.

Jiahao Sun, CEO of FLock io, stated that the new AI tools aim to help developers undertake blockchain-related tasks and increase security measures. Thanks to these tools, it is expected to improve the coding and review processes of smart contracts. At the same time, this situation can trigger stronger data as it will support network activity.

In conclusion, the Aptos Foundation’s collaboration with FLock io, together with the development of the Move language and the increase in the APT price, is creating a positive impact on the ecosystem. While new artificial intelligence tools available to developers facilitate the adoption of blockchain technology, the increasing number of users supports the potential of the platform. These developments are considered important steps towards increasing the growth and capabilities of the Aptos ecosystem.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

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