Over 1,000 inscriptions have been deployed on the Aptos network.
Aptos’ TVL has entered the $100 million range.
The Aptos [APT] network is preparing for Inscriptions following its latest announcement. What is the current status of the network, and what potential impact might this development have on it?
Aptos APT-20 completes its first Inscription
Aptos Inscription recently announced the successful completion of its first platform inscription. As per APT-20 statistics, more than 1,000 inscriptions have been deployed.
Also, over 5.5 million inscription transactions have been done. Furthermore, the platform now has over 32,000 holders.
With the rise in popularity of inscriptions on Bitcoin [BTC], the most notable impacts were observed in fees and transactions. The network experienced a substantial increase in transaction numbers, setting new records during this period.
The increased transaction activity also resulted in a significant rise in fee volumes, reaching record figures simil
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