Aptos (APT) is a scalable Layer 1 blockchain using Move language, offering fast transactions, modular upgrades, and a growing ecosystem of Web3 projects.

Aptos has emerged as a standout in the blockchain space, raising 

 from such venture capitalists as Andreessen Horowitz (a16z), Coinbase Ventures, Apollo, Circle Ventures and Franklin Templeton to build its dream project promising a flexible and upgradeable blockchain structure. It lived up to its promises, with a successful mainnet launch on Oct 12, 2022. 

Two years later, Aptos has surpassed $1 billion in 

 (TVL), an impressive feat showcasing its ability to achieve real-world adoption as it attracts millions of users worldwide.

, giving users improved scalability, reliability, security and usability.

The Aptos genesis occurred on October 12, 2022, with Aptos blockchain's mainnet "Aptos Autumn" launched on October 17, 2022. Aptos is a Layer 1 blockchain built with a Rust-based programming language called Move. Its key features include a parallel execution engine, high-level security features and low transaction costs.

The Aptos blockchain is generating all this hype because of its intriguing past. The blockchain is based on the Diem blockchain initiative (from Meta) that was recently abandoned. Created by Diem developers, the Aptos crypto uses the programming language originally created for Diem. Its focus is on Diem's original goal of creating a scalable, fast blockchain. 

Aptos’s flexible architecture means it can be constantly upgraded to support emerging new use cases as the 

 world becomes increasingly sophisticated. Currently, Aptos is capable of supporting 

 (AI) on its blockchain. Its myriad use cases have drawn over 8 million users worldwide.

The Aptos network was created by Aptos Labs, while the Aptos Foundation focuses on nurturing the ecosystem through grants, education initiatives, events and partnerships.

Aptos Labs is the team behind the Aptos project. They currently lead a diverse team of developers, engineers and strategists headed by co-founders Mo Shaikh and Avery Ching.

Shaikh and Ching met when they worked together on the Diem blockchain project at Meta. Shaikh specializes in scaling products, and has experience in the private equity and venture capital markets. Meanwhile, Ching was one of the principal software engineers at Meta and has led many exciting and innovative development projects in the past. When Meta chose to discontinue the Diem project, Shaikh and Ching decided to join together to create Aptos Labs.

. Besides the Aptos blockchain, Aptos Labs has a range of products that cater to bridging the gap between Web 2.0 and web3. These include 

, a user-friendly web3 wallet that offers seamless access to 

, a name service that allows users to convert their lengthy and complex 

, a dedicated Aptos AI chatbot developed with OpenAI technology.

, whereby token holders stake tokens to their selected validators to help maintain the network. Aptos can theoretically reach 160,000 

 (TPS) while maintaining security and reliability. The following revolutionary concepts are at work behind Aptos's impressive performance.

 creates an engine that efficiently handles 

. The Aptos blockchain engine relies on parallel execution to handle multiple transactions at once. This makes things a lot quicker because a single failed transaction won't halt the whole chain. Instead, transactions can be processed concurrently, and all of them are validated post-execution. To further improve efficiency, a collaborative scheduler works to prioritize certain transactions on the Aptos blockchain and handle essential validations efficiently. Ultimately, up to 160,000 transactions per second (TPS) may be processed simultaneously.

One of the things that makes Aptos’s network so appealing is 

 for swift, secure transactions that was first designed for the Diem blockchain. Move is a type of executable bytecode language that’s used to 

implement smart contracts and custom transactions

. It uses Move modules, which are grouped in upgradeable packages, to define the state of transactions. 

It’s flexible enough to handle the unique needs of Aptos developers, and its global storage is more secure than the average programming language. Move lets users define custom resources that can’t be copied or discarded, making it much more difficult for malicious entities to control the Aptos blockchain. 

Aptos has also made multiple improvements to the Move ecosystem to further enhance its security, such as the 

, a formal verifier for Move smart contracts which boosts protection for contract invariants.

Aptos employs a modular data model, in which a ledger state records the interaction of transactions and accounts. Accounts are representations of users’ control over their assets, from on-chain currency to NFTs, and must be created before they can execute transactions. Transactions submitted by any user modify the ledger state and trigger events coded via Move modules. These events, uniquely identified by keys, are then stored as data within the ledger. This design also ensures flexibility and user privacy, as it supports flexible key management and hybrid custodial options, and allows users to create multiple pseudonymous accounts via cryptographic key pairs.

Byzantine Fault Tolerance (BFT) Consensus Protocol

Instead of using a consensus protocol that has to follow the order of transactions, Aptos decouples the two processes and lets them run parallel to each other. This reduces latency (the time it takes to confirm network transactions) while increasing speed. To ensure accuracy, Aptos has created a Byzantine fault tolerance (BFT) engine that analyzes individual states on-chain and then automatically updates validators as needed.

The Aptos ecosystem is robust, with over 190 projects in the realms of DeFi, GameFi, NFTs, social media, education, AI, infrastructure and more.

. Once an APT holder stakes their APT tokens to a validator node, they’re eligible to vote for various protocol changes, such as blockchain upgrades and changes to blockchain parameters. There was 

 of 1 billion APT tokens, distributed as follows:

 isn’t merely used for governance, as APT token holders can also stake their tokens to a validator to help secure the network while earning rewards, which can be received at 

There’s a minimum stake of 1 million APT and a maximum of 50 million APT, with the staked tokens automatically locked for a fixed duration. The maximum annual reward rate, evaluated at every epoch, began at 7% in 2022, with an annual decline rate of 1.5% (until it eventually reaches 3.25%, which Aptos estimates will take over 50 years). 

To further facilitate decentralization, Aptos also started offering delegated staking for users from April 2023. Delegated staking features a low minimum staking requirement whereby users with as little as 11 APT can collectively stake in a trusted validator node. This move encourages more active participation, allowing more users to stake and earn rewards while helping to sustain a stable and efficient network. 

Staking rewards raise the total supply, making APT an 

 token. However, the rewards mechanism may be modified via on-chain governance.

Aptos is available on Bybit’s Spot market as a swap pair with USDT (

As of Nov 19, 2024, APT’S price is $11.68, which is 41.4% lower than its ATH of $19.92 on Jan 26, 2023 and 279.2% higher than its ATL of $3.08 on Dec 29, 2022. 

Price prediction experts generally have a positive outlook on the APT token. Changelly, while 

 a slight dip to $9.85 in 2025, anticipates APT will exceed $100 by 2030 and hit an astonishing average of $4,727 in 2040. CoinCodex is more conservative in its predictions, 

 APT will trade at an average rate of $31.22 in 2025 and $37.05 in 2030. 

There are several factors working together to make Aptos crypto seem like a great opportunity. First of all, the venture is a continuation of a Meta-founded project that was already getting positive results before it was canceled. Furthermore, the developers working on it are experienced, highly-trained people who've worked on exciting projects in the past.

Aptos’s innovative technology has captured the interest of many venture capitalists, making it one of the top-funded blockchain projects at a total of $350 million (split into two rounds). 

Aptos accepted its first big set of investments in March 2022. Several large venture capital groups, including a16z Crypto, Multicoin Capital, Hashed, Tiger Global, Three Arrows Capital, FTX Ventures and Coinbase Ventures contributed a total of $200 million. Aptos then went on to receive another $150 million in June from FTX Ventures and Jump Crypto. Previous investors, such as a16z crypto and Multicoin Capital, have contributed to multiple rounds of funding.

Thanks to its unique architecture, which separates consensus from execution, and its use of Move as a programming language for added security, Aptos certainly stands out from the crowd of Layer 1 projects. 

In a mere two years, Aptos has achieved a TVL of over $1 billion and attracted over 190 projects, including top DeFi platforms like PancakeSwap, Ondo Finance (the biggest stablecoin by market cap) and USDT.

Aptos has also secured partnerships with industry giants and global asset management leaders, such as BlackRock and Franklin Templeton, and entertainment titan NBCUniversal, further contributing to its credibility as one of the top Layer 1 blockchains.

All of these factors point to a bright future ahead for Aptos. Nevertheless, the crypto market is inherently volatile. As with any other cryptocurrency, before buying APT, please make sure you do 

Aptos, often dubbed the “Solana killer,” possesses plenty of features that help it stand out among other Layer 1 chains — including a highly active community, strong partnerships, and access to unique engines and programming languages. 

One of the Aptos blockchain's main competitors is 

, which is currently the hottest high-performance Layer 1 available. 

Theoretically, Solana can support up to 65,000 TPS, while Aptos is capable of supporting 160,000. While the actual performance of both blockchains falls far below their theoretical speeds, they’re still considered high-speed blockchains, with Solana 

. Apart from their fast speeds, both Aptos and Solana also appeal to many users due to their meager transaction costs, which average around $0.0001 per transaction. 

, having had notable outages and downgrades. Meanwhile, the Aptos blockchain adds redundancy to its network, rendering it less prone to failure. Each block in Aptos is synced with leader nodes and nearby nodes. In case the leader node fails, one of the other nodes can take over. This results in slightly more computational requirements, so Aptos' hardware needs are a little larger than Solana's. Ultimately, Aptos offers more reliability than Solana in exchange for slightly higher hardware requirements.

 use Move programming language, though Sui’s version is modified into an object-centric model, unlike Aptos’s account-centric model. 

Additionally, Aptos records its ledger on a blockchain, whereas Sui stores and organizes its data in a 

Both Aptos and Sui are built to be scalable, with Aptos presenting a high throughput of 160,000 TPS in its testnet days and Sui’s test throughput achieving 120,000. When both networks are launched on the mainnet, however, their maximum throughputs over the past 30 days have fallen to 

While the two networks’ scalability allows for varied use cases, Sui’s focus is on NFT games, with a recent expansion into DeFi. In contrast, Aptos is built to be more general purpose, encompassing a diverse range of applications from DeFi, GameFi and NFTs to social media, entertainment and even AI.

The Aptos blockchain has already managed to outperform 

 in terms of speed. While Ethereum's time to finality is over a minute, Aptos can finalize transactions in less than a second, due to both hardware and design differences. Ethereum only has one CPU core, while Aptos operates on 16.

However, Ethereum’s reliability is undeniably superior. While Aptos doesn't have many problems with outages, it can't compare to Ethereum's stability: Its performance is almost impossible to disrupt. As long as users are fine with paying more fees and waiting longer times, Ethereum still remains the more popular choice.

The Aptos project promises to increase blockchain scalability and reliability. 

Indeed, thanks to its innovative technology, Aptos has proven its credibility in just two short years, drawing over 190 projects to join its ecosystem and enabling it to scale rapidly and evolve to match market demand. 

While it remains to be seen whether Aptos will really be a “Solana killer,” its network is rapidly catching up to Solana’s popularity, as evidenced by its growing ecosystem and partnerships with industry leaders. 

The addition of the world’s largest stablecoin, USDT, to the Aptos blockchain further cements its position as the top blockchain of choice for users and developers seeking a scalable, secure and user-friendly platform. 

With its focus on modularity and upgradeability, Aptos continues to attract significant attention from the web3 community, revealing itself to be a formidable player in the race for blockchain dominance.

Intermediate

aptos.png

What Is Aptos (APT): A Scalable Modular Layer 1 for Seamless Upgrades

Ethena Foundation has approved the activation of its fee switch, enabling revenue sharing with ENA token holders by the end of the month.

Daily Top Performer — Hedera Hashgraph (HBAR)

The S&P 500 rose 0.39%, rebounding from recent declines, driven by optimism about potential future rate cuts and expectations of a business-friendly administration. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.73%, with Bitcoin and Ethereum rising by 2.16% and 2.81%, respectively in the past 24 hours.

Today's top performer is HBAR, which surged 44.6% following the expansion of Hedera's governance and its advancements in AI data transparency.

Hedera Hashgraph (HBAR), launched on September 2019, is a cryptocurrency network that supports fast transactions and application deployment, overseen by a select group of business-approved nodes. This design ensures quick finality and reliability, attracting major corporations like LG, IBM, and Boeing as participants. Hedera's Governing Council has 

 to 32 members as the platform introduces new features and diverse use cases, such as using immutable records to enhance trust in AI data. The focus remains on transparency, security, and innovation for a promising future.

Check Out the Latest Prices, Charts, and Data of 

, enabling revenue sharing with ENA token holders by the end of the month. This move follows a governance vote and has already led to a significant increase in the ENA token's value. Ethena, which has achieved record-high revenues recently, generates income through various yield strategies. As one of the largest DeFi protocols by TVL, Ethena's fee switch could set a significant precedent for revenue sharing in the DeFi space.

Yesterday, BTC Spot ETF flows reached $165.5M, consisting of $5.8M from GBTC and $159.7M from non-GBTC sources.

 to drive onchain growth and reward users for trading NFTs and tokens across chains. With a total supply of 1 billion, over half will be allocated to the community through rewards, staking, and ecosystem development, with an initial 12.5% claim available at the Token Generation Event (TGE). The $ME token will power governance, staking, and user incentives across Bitcoin, Solana, and EVM ecosystems, supporting Magic Eden's goal of creating a universal onchain trading platform. The ME Foundation, a non-profit, will oversee the $ME ecosystem, ensuring security and alignment with community interests while cautioning users to beware of scams ahead of TGE.

Beginner

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Ethena Foundation Approves Fee Switch for Revenue Sharing with ENA Holders

In this tutorial, we’ll explore how you can complete a series of tasks in Derive for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete Derive tasks for Bybit Web3 Airdrop Arcade. 

Task: Trade More Than $10 USD on Perps/Options, or Deposit More Than $10 Into Vaults

 and connect your Bybit Wallet by clicking on the 

button at the top right corner of the page. 

you want to deposit. Then, indicate the amount. Derive allows you to use stablecoins, such as USDC and USDT, or tokens, such as ETH, wstETH and WBTC, as collateral. Please note that deposits take between five to 10 minutes to complete.

to transfer your tokens into a trading account. This will allow you to trade with margin. 

: Trade at least $10 worth of perpetuals or options. 

 page and connect your Bybit Wallet by clicking on the 

button at the top right corner of the page.

: Select a vault based on your preferred collateral, market outlook and risk tolerance. Vaults automatically execute yield-generating options strategies on your deposited tokens.

. Please note that deposits take between 10 to 20 minutes to complete.

derive tutorial.png

How to Complete Derive Tasks for Bybit Web3 Airdrop Arcade

In this tutorial, we’ll explore how you can complete a series of tasks in KiloEx for Bybit Web3 Airdrop Arcade.

In this tutorial, we’ll explore how you can complete KiloEx tasks for Bybit Web3 Airdrop Arcade. 

Task 1: Deposit at Least 10 USDT in the KiloEx Vault via opBNB

 in the navigation bar to enter the KiloEx Vault. 

: Enter at least 10 USDT as the amount you would like to deposit, and click on 

: Approve the transaction and confirm it. 

: Check your deposit status. Please note that as you’re not able to withdraw immediately, you’ll need to wait for 1–3 epochs.

: Once the above steps have been completed, you can click on the 

button to withdraw your deposited amount.

Task 2: Place a Position With at Least 10 USDT

: If your BNB or USDT is insufficient, you can follow the bridge tutorial 

: After bridging funds, choose your desired trading pair and place an order to 

: The minimum position value for this task is $10. To minimize your risk of 

, we suggest opening a position with 2x leverage and maintaining a margin of $5. In this example, we’ve used a minimum of 2x leverage to open a position and select 

: Confirm your order and your position will be created. 

kiloex tutorial.png

How to Complete KiloEx Tasks for Bybit Web3 Airdrop Arcade

Trading

The bull and bear markets are more than trend lines. Read on to find out their differences and the best time to enter the market.

How-to-Use-Bullish-and-Bearish-Harami-Candle-to-Find-Trend-Reversals.jpg

Understanding the main differences between bullish and bearish markets plays a vital role in our investment portfolio. By knowing each of the market’s main characteristics, we can also create a proper risk management strategy. 

Bullish or bearish trends change market conditions and have a strong influence on traders’ emotions. In recent years, cryptocurrency has been swinging between bear and bull markets, while traders change and adapt their strategies according to the macro trend. 

This guide will go through the main differences between bullish vs. bearish markets. The goal is to understand the anatomy of each of these trends and which patterns we can follow to improve our exposure to risk and digital assets. 

Both bulls and bears are strong animals that are usually linked to aggressiveness and strength, respectively. The

 is related to how these two animals attack their opponents. For example, a bull would rather hit an enemy with its horns moving up and higher. However, a bear tends to swipe his paws downward and pin the opponent on the ground.

That’s interesting, but there’s more…

As these two attacking styles have been clearly defined, financial markets and analysts have started using them to reference different market cycles and macro trends. Understanding how these two terms are coined among financial analysts clarifies how the market directions are interpreted.

What Does a Bullish vs. Bearish Market Mean?

There is a remarkable difference between bullish and bearish markets. In the next section, we will explain how bullish markets and bearish markets work, their characteristics and more. 

 is an upward trend in financial markets where the price of stocks, commodities, cryptocurrencies, or forex move higher. A bull market can also be referenced to the real economy. 

For instance, when cryptocurrencies and stocks move higher, the real economy is also producing and expanding. During the general bull market phase, people tend to spend more. Companies search for new investment opportunities or expand their products and services. 

When we talk about cryptocurrencies, we see decentralized platforms attracting many users. Transaction fees become higher and transfers take longer to be processed. This shows there is a large activity in the crypto space. 

During bullish markets, investors tend to make more money in the financial market. As long as they have a clear risk management strategy, it is highly probable they could register profits during bullish markets. 

Is registering profits as easy as it sounds?

No. It is not easy to trade. Indeed, bullish markets tend to have corrections along the way to the top. These corrections usually help to take out investors from the bullish market. The investors that sell during bullish markets are called “weak hands.” Strong hands, instead, increase their positions when a dip takes place. 

As bull markets represent positive trends, bearish trends show negative trends in stocks, cryptocurrencies, or other financial markets. 

When we talk about the bearish trend in a real economy, it refers to situations in which companies are winding down, employees are laid off and investment plans are postponed for the future. In the crypto market, we might not see

 registering new users, while trading volume falls and general interest for the market fades away.  

Bearish markets drive the price of assets lower. During bearish markets, volatility grows and investors manage increased levels of fear, uncertainty and doubt. Nevertheless, during bearish markets, there is still a chance of making money.

Nowadays, several trading platforms offer users the opportunity to open long and short positions. Short positions help traders to make money when the market moves downward. 

The Anatomy of Bullish vs. Bearish Markets

The following two sections will focus on the main characteristics of each of these macro trends. Moreover, there will be an entire description of how to spot bullish and bearish candlestick patterns. 

Characteristics of the Bull and Bear Markets

Bull markets are characterized as being positive trends. Even inexperienced investors can make money just by opening the right position in the growing trend. There is no clear definition of when a stock enters into bullish territory. 

However, we can always use some market data that helps us understand where the market is moving. When assets increase by over 20% in a period of just a few weeks or months, then we could be witnessing the beginning of a more significant trend. 

A confirmation of bull trends can be found by looking at major indices. For example, if we see Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and most of the ERC-20 tokens grow for several months, then this would be one of the main characteristics of a bull market. 

Another critical characteristic of bull markets is related to investors’ confidence. When we see crypto Twitter providing extremely high price predictions, we have high chances of being in a bull market. 

But what about bear market characteristics?

The main characteristic of bear markets is falling prices. You could expect Bitcoin and other digital assets to suddenly move lower by over 20% — not in days, but in hours. If the trend stabilizes and continues some days later, then it is highly possible we are in a new bearish trend. 

As we mentioned before, fear, uncertainty and doubt are the main feelings among investors when we have a bearish market. This gives rise to the acronym FUD. It shows investors prefer to stay on the sidelines rather than actively participate in the crypto market. 

Identifying Market Trends With Candlestick Patterns

 that help them open trades when a bull market changes into a bear market, or vice-versa. Candlesticks share a lot of information about the sentiment of investors and can be vital elements for analysts. 

In long-term time frames, candlestick patterns provide valuable information on whether a trend is changing, or if a top or bottom has been reached. Although these candlestick patterns are not bulletproof, they can guide traders in managing their positions. 

Some of the most popular bullish candlestick patterns include the following:

Some of the most popular bearish candlestick patterns include the following:

Trading the Bullish and Bearish Sentiments

To trade bullish and bearish markets, one should follow different indicators. Some of them include the volatility index (VIX), the bullish and bearish percentage index and moving averages. 

, also known as VIX, is an index that measures volatility expectations for the next 30 days. This tool is handy for understanding the market sentiment, including the fear or greed among investors. 

Although the VIX index focuses on traditional financial markets, as the cryptocurrency market becomes more correlated with stocks, it may be possible to draw some conclusions. Analysts should always take different indices into consideration. 

When the value of the VIX grows, there is a high probability the market will fall. The contrary wouldhappens when the VIX moves lower. In the last case, the market would head higher. Nevertheless, this is just one indicator and should be used alongside other analytical tools. 

 is an indicator that can be used to get information about market health. Many analysts and investors have used this breadth indicator. It shows the percentage of stocks on point and figure buy signals. 

The BPI measures the total number of stocks moving higher or lower. In this way, traders can have a clear idea of where the market sentiment is heading. 

The index fluctuates between 0% and 100%. When the indicator is above 50%, we might have a bull market (moving higher). Similarly, when the index is below 50%, then the market is favoring the bears. Overbought and oversold conditions can be seen as soon as the indicator rises above 70% or drops below 30%, respectively. 

An oversold market might be at a point of inflection where bulls could soon appear and change the direction of the trend. An overbought signal could show that bears may take control of the market, or that there could be a pause before the trend resumes. 

 are some of the most utilized technical indicators for trading digital currencies. They are used to smooth price trends and reduce the noise of sudden spikes or price drops, which are very common for cryptocurrencies. 

The most common moving averages used to trade digital assets include the 50-day, 100-day, and 200-day. Buying and selling signals in both bull and bear markets to open or close positions. 

In addition to traditional moving averages, there are also

Actually, they just share different information. EMAs focus on the recent price action rather than on the general trend. EMAs give more importance to how the market has behaved in the short term, rather than using older price data. 

Most of the successful traders in the cryptocurrency market use both indicators. At the same time, when the 50-day, 100-day and 200-day MAs cross, there could be open or closed positions. 

Discovering an inflection point in the market is a difficult thing to do. It requires that traders use different tools that would show similar results. When the market changes from bullish to bearish, it is usually possible to spot a top. 

This top is a price level reached after an increased trading volume, and in a short period of time. As soon as the top is reached it rapidly changes direction. Moreover, if the market tries to move higher again, it will get rejected many times. 

When the trend starts to change, it is helpful to understand whether this is a short-term change or a long-term macro trend. Position traders can open a short position if the market moves from bullish to bearish. 

Short-term traders typically buy and sell the fluctuations that take place on the crypto trading pair they trade. Scalpers might use every single market movement to make profits with these fluctuations. 

Challenges to Anticipate in Bullish vs. Bearish Markets

Both bullish and bearish markets have challenges that must be faced and understood by traders. During a macro trend, one of traders’ main challenges is avoiding falling in bear or bull traps. Staying focused on the macro trend (bullish or bearish) is one of the best ways to avoid unwanted results. 

Another challenge that traders face in both bullish and bearish markets is their emotions. While intuition can be a good characteristic for traders, emotions may negatively impact investors’ performance. 

During bull trends, there will be numerous price drops. Many traders exit their positions as soon as there is a price decrease. This generates a situation in which the investor realizes that the price drop was momentary and that the bull trend was intact. 

The same happens in bear markets. As soon as there is a move higher, many traders enter the market at the top of this price increase, only to realize the market keeps falling. 

Bullish and bearish markets are key parts of financial and cryptocurrency markets. Traders must understand their characteristics and features to be successful with their trading activities. 

Using a comprehensive set of trading indicators is one of the best ways to improve success rates. Nevertheless, there are some challenges that traders must acknowledge. Leaving emotions aside, and trading with the help of fundamental and technical analysis, are some of the best ways to face price fluctuations. 

The cryptocurrency market is expected to go through many bull and bear markets in the future. Now that we are in a bull market, are you ready to hit the top with some newly found strategies? 

Bullish vs. Bearish Markets: How Are They Different?

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