# Aptos Network Records Remarkable Growth in 2024: Everstake Report
According to the latest report from Everstake, the Aptos (APT) network marked significant growth across key metrics in 2024, including user growth, a substantial surge in Total Value Locked (TVL) for liquid staking, and increased transaction activity. The report analyzes that meme coins played a significant role in driving user engagement, contributing to the network’s expansion.
# Monthly Active Users Surge by 531%, Staking Growth Continues
Throughout 2024, the Aptos network’s Monthly Active Users (MAA) surged by 531%. As of January, the network had 1.6 million active accounts, with an average of 96,000 new accounts being added daily. By December, the total number of active accounts had soared to 10.1 million, with an average of 891,000 accounts operating daily.
The past year also saw a notable increase in the number of delegation nodes within the Aptos ecosystem. APT holders can both earn staking rewards and participate in governance through these delegation nodes. The number of delegation pools grew from 18 to 41, and the total number of nodes in the network expanded from 123 to 151.
This change reflects a shift from traditional staking pools to delegation nodes. At the beginning of 2024, the proportion of delegated staking was 12.9% (118 million APT) but rose to 37.7% (339 million APT) by year-end, indicating a decreasing trend in the market share of traditional staking pools.
# Record Transactions and 780% Increase in Liquid Staking TVL
In 2024, Aptos’s total TVL surpassed $1 billion, with liquid staking TVL experiencing a growth rate of 780%. Including liquid staking and borrowed coins, the TVL increased by 1,100%. Focusing solely on liquid staking, it grew 246% from $56.8 million to $417.6 million.
This growth was driven by five major liquid staking projects: Amnis Finance, Thala, TrueFin (TruStake), Tortuga Finance, and Ditto.
Alongside the increase in active accounts and staking, the number of transactions also rose rapidly. In 2024, the total number of transactions on the Aptos network exceeded 1.43 billion.
Remarkable transaction volumes were recorded at specific times. On May 24, 97 million transactions occurred in a single day, and a day later, the number hit 156 million. On August 15, the volume reached a peak of 326 million transactions, and during the three-day Tapos game event in August, a record 533 million transactions were executed.
Even excluding these short-term spikes, the daily transaction count showed a steady upward trend, demonstrating the high throughput capability of the Aptos network.
# Continued Growth of Aptos User Base Anticipated
With the activation of various projects within the Aptos network, meme coins have emerged as a critical factor driving user participation. Everstake’s report identifies liquid staking, stablecoins, and participation from traditional finance (TradFi) firms, alongside meme coins, as major growth drivers.
Due to Aptos blockchain’s enhanced mempool functionalities and rapid transaction propagation, meme coin trading became highly active. Notable projects include GUI, CHEWY, LOON, UPTOS, DONK, and SHRIMP, which, supported by strong community bonds, contributed to attracting new users to the digital asset market.
In 2024, the Aptos network pursued both technological improvements and ecosystem expansion. Particularly from the third quarter, as user numbers increased, major metrics showed rapid growth. The report assesses that based on this consistent upward trend, Aptos has positioned itself as one of the fastest-growing ecosystems in the blockchain industry.
Aptos Network is expected to sustain its growth trajectory through continuous technological innovation and ecosystem expansion into 2025.
