Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event

Aptos Falls 16% Over Past Week, Lagging Ahead of $300M Token Unlocking Event

[ad_1] Token unlocks happen because the supply of many cryptocurrencies are locked up in vesting to prevent insiders – early investors, team members – from dumping tokens en masse. Prices historically decline around such events, as the supply increase outpaces investor demand for the asset, according to research by crypto analytics firm The Tie. [ad_2] … Read more

SUI Overtakes Bitcoin, Aptos To Become 13th-Largest DeFi Network

SUI Overtakes Bitcoin, Aptos To Become 13th-Largest DeFi Network

[ad_1] The SUI blockchain has been ramping up since the year 2024 began, and a natural consequence of this rapid growth is that it has now surpassed some major players in the decentralized finance (DeFi) space. This has put it ahead of heavy hitters such as Bitcoin and Aptos as SUI begins to leave its … Read more