Mask Network (mask) 
Layer-1 blockchain ecosystem Aptos is gearing up for a new collaboration with NFT marketplace Rarible as the network experiences a spike in daily transactions.
Aptos, a layer-1 blockchain network based on the proof-of-stake consensus mechanism, is set to collaborate with Rarible, a marketplace for non-fungible tokens (NFTs), to achieve what the blockchain describes as a significant milestone for both platforms.
In a forum post on Aug. 22, a global community manager for the Aptos Foundation, under the alias “Angel,” hinted that Rarible might soon add support for the network, bringing the potential for novel NFT use cases leveraging Aptos’ technology. “Whether it’s a full marketplace launch or another form of collaboration, this teased alliance between Rarible and Aptos is definitely one to watch!”
Rarible, which already supports networks like Ethereum, Base, and Celo, has not yet integrated Aptos. However, the marketplace has hinted at a possible collaboration with Aptos on its social media channels, though the details remain unclear.
The news of the potential partnership coincides with a significant surge in activity on the Aptos network. On Aug. 14, daily transactions on the blockchain nearly hit 144 million, according to data from Aptoscan. While the reason behind this surge remains unclear, it marks a significant uptick in on-chain activity.
The surge in activity occurred just days before Tether announced that its U.S. dollar-pegged stablecoin (USDT) would soon be available on the Aptos network. While the exact launch date remains undisclosed, Tether highlighted Aptos’ robust developer community and extremely low gas fees as major reasons for the move.
Tether emphasized that Aptos’ low transaction costs make it economically viable for a broader range of use cases, from microtransactions to large-scale enterprise operations.
“Aptos’ low transaction costs make it economically viable for a broader range of use cases, from microtransactions to large-scale enterprise operations.”
Stay updated with the latest news on the evolving world of cryptocurrencies, investing, and finance by exploring more stories on Global Crypto News.
