Layer-1 blockchain ecosystem Aptos is gearing up for a new partnership with NFT marketplace Rarible as the network sees a spike in daily transactions.
Aptos (APT), a layer-1 blockchain network based on the proof-of-stake consensus mechanism, will partner with Rarible, a marketplace for non-fungible tokens, to achieve what the blockchain describes as a “game-changer.” for both platforms.
In a forum post on August 22, a global community manager for the Aptos Foundation under the alias “Angel” hinted that Rarible could soon add support for the network, bringing the potential for “new NFT use cases leveraging the technology of Aptos.”
“Whether it’s a full market launch or some other form of collaboration, this teased alliance between Rarible and Aptos is definitely one to keep an eye on!”
Angle, global community manager for the Aptos Foundation
Rarible, which already supports networks like Ethereum, Base and Celo, has not yet integrated Aptos, according to its FAQ page. However, the marketplace has also hinted at a possible partnership with Aptos on its social media, although the details remain unclear.
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News of the potential partnership coincides with an unprecedented increase in activity on the Aptos network. On August 14, daily transactions on the blockchain reached nearly 144 million, according to data from Aptoscan. While the reason behind this increase remains unclear, it marks a significant increase in activity in the chain.
The increase in activity occurred just days before Tether announced that its US dollar-pegged stablecoin (USDT) would soon be available on the Aptos network. While the exact launch date has not yet been announced, Tether highlighted Aptos’ “robust developer community” and “extremely low gas rates” as key reasons for the move.
Tether emphasized that Aptos’ low transaction fees make it “economically viable for a broader range of use cases, from microtransactions to large-scale enterprise operations.”
Read more: Aptos unveils a $10 million ecosystem growth fund backed by OKX Ventures
