Aptos Transaction Volume Surges, But Fee Revenue Declines Amid On-Chain Asset Migration

According to the latest statistics from crypto data platform Token Terminal, the Aptos (APT) network has experienced a significant increase in transaction volume over the past three months, with the average daily number of transactions exceeding 10 million. This growth is mainly attributed to its extremely low transaction costs—averaging only about $0.00007 per transaction, almost close to zero.

Despite the continued increase in transaction activity, the high transaction volume has not translated into corresponding revenue growth. Data shows that Aptos' average daily transaction fee revenue is about $20,000, ranking 139th among global blockchain networks. In the past 30 days, its average transaction fee revenue has even declined by 23%, reflecting the direct impact of the low fee rate strategy on the economic model.

Analysis points out that a large-scale "on-chain asset migration" is currently taking place, with more and more financial assets shifting from traditional systems to blockchain infrastructure. Tokenized assets are gradually becoming the preferred choice for institutional and individual investors due to their low cost, high efficiency, and convenience. This trend is expected to accelerate further in the future. It is worth noting that the number of tokenized asset holders in the Ethereum ecosystem is also climbing simultaneously: stablecoin holders reached 21.4 million, tokenized fund holders 31,300, tokenized commodity holders 116,800, and tokenized stock holders 21,000, all hitting historical peaks. This indicates that the trend of on-chain financialization is deepening across the board, whether in high-performance public chains or mainstream ecosystems.