Gaining attention through significant development, the layer-1 proof-of-stake (PoS) blockchain known as Aptos has announced the integration of the Aptos Network with the major player in the technology industry, Microsoft.
Consequently, the value of its alternative coin, APT, has seen a remarkable upswing of nearly 18% within the past 24 hours, all in response to this exciting announcement.
In a thrilling update dated August 9th, the layer-1 blockchain Aptos revealed its plans to incorporate Microsoft’s Azure OpenAI Service into its network.Â
Aptos is taking a step forward by operating validator nodes on Azure, thus blistering the security of its blockchain through the utilization of Microsoft’s infrastructure and dependability.
Aptos Network’s Altcoin APT Witnesses Soaring Surge of 18%
After the exciting announcement, the native token of Aptos, APT, experienced a remarkable 18% surge on Wednesday. This substantial price leap propelled the APT token into the limelight, positioning it as one of the day’s leading gainers.
Currently, the APT token is trading at the $7.35 mark, reflecting an overnight gain of 10%. According to data from CoinMarketCap, the trading volume has seen a staggering 750% increase overnight, reaching $718.5 million. This surge in trading activity signifies the influx of new buyers and the resulting congestion in the market.
