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In a twist of fate, Aptos underwent a prolonged five-hour outage, coinciding with the very week the network unfurled its virtual banners in 2022.
Aptos and SUI were the most staked networks by the percentage of circulating supply that had been locked in, new research revealed.
This Layer 1 network is outperforming some of the most popular cryptos today.
Aptos One outage due to heavy traffic didn't stop APT from climbing back above critical resistance.
Over the weekend, Bitcoin achieved a remarkable comeback, reaching $31,000. This price level marks a return to its 2023 resistance and the highest point since mid-July.
The Aptos (APT) price breakout from a long-term descending resistance trendline on October 21 led to a high of $6.41.
The crypto industry has displayed a significant rise in value as the market has recently experienced a massive pump in their respective prices. Bitcoin price has regained its tag of $30,000, with altcoins gaining huge jumps. The value of TVL has also gained a massive upswing as the market has displayed huge activities.
Top Analysts Predict More Gains in the Coming WeeksAmid Bitcoin's recent revisit to the $30k mark; the altcoin market is surging with bullish momentum. The fear that gripped most crypto traders has subsided significantly, thanks to the Uptober crypto narrative and increased demand from institutional investors.
Aptos rallies strongly to break past the bearish obstacle at the $5.6 price zone. Can bulls push for more gains?
The crypto market exhibited bullishness today (October 23) as most digital assets welcomed the week on positive price actions. Meanwhile, cryptos recorded substantial gains within the past seven days as participants appeared unconcerned about macroeconomic challenges, including the Middle East geopolitical tension. Also, the Fed's plans to pause rate hikes triggered positivity within the marketplace.
Bitcoin has returned to its 2023 resistance level at $31,000, but several altcoins have surged by double digits over the past 24 hours.
On the other hand, most altcoins are doing well, with LINK, APT, and AAVE standing out as today's top performers, showing impressive double-digit price increases. Bitcoin's Rollercoaster Ride Bitcoin had a wild ride on Monday when fake news about the US SEC approving a spot BTC ETF caused it to quickly go up and down by about $2,000.
Bitcoin's dominance over the altcoins has reduced slightly due to the massive gains charted by some.
Aptos price (APT) has recently caught the attention of many investors and traders in the cryptocurrency market.
In a surprising turn of events, the Layer-1 Aptos blockchain network faced an unexpected outage that lasted over five hours, casting a shadow over the celebration of its one-year anniversary. Despite initial assumptions, the disruption was not attributed to transaction overload or network capacity issues.
The downtime incident puts Aptos on the list of blockchain networks that have experienced network disruptions.
A recent post-mortem of the 5-hour-long network outage that plagued the Aptos platform has revealed multiple details about the disruption.
The layer-1 Aptos blockchain network has shared details on a major outage it suffered on its one-year anniversary. The blockchain went down for more than five hours, but transaction load or network capacity did not cause the issue.
The Proof-of-Stake blockchain was hit by a major outage amid its 'AptosOne' festivities.
In recent hours, the Aptos token experienced significant price volatility, triggering selling due to hours of network disruptions. Now that the network is back to stability, there's an upswing in purchasing interest for APT, with the price set for a rebound from the dip.
Aptos Network, a Layer-1 blockchain platform, has successfully restored normal operations following a significant outage lasting five hours. The disruption to the network occurred coincidentally in the same week it celebrated its launch.
Aptos Network experienced a network snag that lasted for more than five hours Wednesday, Oct. 18. What Happened: According to Decrypt, ythe outage occurred while the network hosted a mass drawing application to celebrate its one-year anniversary and trended the Aptos One hashtag on social media platforms.
Aptos Network, a layer-1 blockchain, has resumed normal operations following a five-hour disruption that affected transactions across its platform.
A day after its one-year anniversary since mainnet launch, the Aptos grid blacked out. While the issue has been attended to, traders had to halt their activity.
