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    Home»Altcoins»Arthur Hayes Says This Solana Rival May Change into Most well-liked Chain for ICO Launches – The Day by day Hodl
    Arthur Hayes Says This Solana Rival May Change into Most well-liked Chain for ICO Launches – The Day by day Hodl
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    Arthur Hayes Says This Solana Rival May Change into Most well-liked Chain for ICO Launches – The Day by day Hodl

    By Crypto EditorDecember 5, 2024No Comments2 Mins Read
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    Crypto veteran Arthur Hayes thinks the affordability of 1 Solana (SOL) rival might assist it emerge as the popular selection for future preliminary coin choices (ICOs).

    In a brand new evaluation, the BitMEX co-founder highlights the low per-transaction value of the layer-1 blockchain Aptos (APT).

    “In 2017, it was not unusual for a sizzling ICO to render the Ethereum community inoperable. Fuel charges would spike, and nobody might use the community affordably. In 2025, the price of block house on Ethereum, Solana, Aptos and different layer-1’s might be extraordinarily low-cost. The present order throughput is orders of magnitude greater than in 2017. If a group can garner a broad base of help from avid degen speculators, their capability to lift funds is not going to be hampered by a gradual and costly blockchain.

    Given the insanely low per-transaction value of utilizing Aptos, there is a chance for them to change into the popular chain [for] ICO launches.

    Common transaction payment in $:

    • Aptos: $0.0016
    • Solana: $0.05
    • Ethereum: $5.22″

    In June, Hayes predicted Aptos would overtake Solana sooner or later 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% up to now 24 hours.

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    Arthur Hayes Says This Solana Rival May Change into Most well-liked Chain for ICO Launches – The Day by day Hodl

    Disclaimer: Opinions expressed at The Day by day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses you might incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in affiliate internet marketing.

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