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Arthur Hayes Says This Solana Rival Could Become Preferred Chain for ICO Launches

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Crypto veteran Arthur Hayes thinks the affordability of 1 Solana (SOL) rival may assist it emerge as the popular alternative for future preliminary coin choices (ICOs).

In a brand new evaluation, the BitMEX co-founder highlights the low per-transaction price of the layer-1 blockchain Aptos (APT).

“In 2017, it was not unusual for a sizzling ICO to render the Ethereum community inoperable. Gasoline charges would spike, and nobody may use the community affordably. In 2025, the price of block house on Ethereum, Solana, Aptos and different layer-1’s will likely be extraordinarily low cost. The present order throughput is orders of magnitude larger than in 2017. If a staff can garner a broad base of help from avid degen speculators, their means to lift funds is not going to be hampered by a gradual and costly blockchain.

Given the insanely low per-transaction price of utilizing Aptos, there is a chance for them to turn into the popular chain [for] ICO launches.

Common transaction charge in $:

Aptos: $0.0016
Solana: $0.05
Ethereum: $5.22″

In June, Hayes predicted Aptos would overtake Solana in some unspecified time in the future on this market cycle.

Aptos’ native token, APT, is buying and selling at $13.25 at time of writing. The Thirtieth-ranked crypto asset by market cap is down greater than 8% up to now 24 hours.

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