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 price 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 area on Ethereum, Solana, Aptos and different layer-1’s will likely be extraordinarily low cost. The present order throughput is orders of magnitude larger 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 sluggish and costly blockchain.
Given the insanely low per-transaction price of utilizing Aptos, there is a chance for them to change 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 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.
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