- Aptos (APT) shows strong ecosystem growth, with active addresses surpassing 1.2 million and transactions increasing over 30% in 30 days.
- Key integrations like Chainlink Data Feeds enhance Aptos’ scalability, ensuring secure, real-time data access for advanced Web3 solutions.
Michaël van de Poppe, founder of MN Capital, sees Aptos (APT) as a strong option for accumulation. In a post on X, he highlights that surpassing $8 could serve as a pivotal moment, potentially propelling the token’s value to $10.50 or even $15-$20 as the next rally gathers momentum.
APT Market Performance and Derivatives Insights
As of press time, APT is swapped hands at about $7.55, up 3.32% over the last 24 hours. This drives the token market cap above the $4.2 billion mark.
Although the volume has dropped by 38.46% over the last 24 hours, derivatives data from CoinGlass indicates that APT’s trading volume on several exchanges hit $246 million. With APT trade volume of $136.85 million, Binance exchange leads; then follows Bybit with $48.86 million and OKX with $34.83 million.
On the APT/USDT pair on Binance, the long/short account ratio came out at 3.0032, suggesting that most market players have positive views of APT.
Aptos Ecosystem Expansion and Chainlink Integration
The Aptos ecosystem has developed really nicely. The prior CNF report states that since its August 2022 debut, the Aptos network has had 1.2 million more active addresses than ever. Over the last 30 days, the network recorded 156 million transactions, a clear 30% growth.
The Aptos ecosystem now boasts a total value locked (TVL) of $1.05 billion, thanks to major contributions from Thala, Echo Protocol, Amnis Finance, and Aries Markets.
To further the dependability and scalability of decentralized apps (dApps), Aptos has also integrated Chainlink Data Feeds. By this development, developers can access safe, premium off-chain data, therefore enabling the creation of increasingly sophisticated Web3 solutions.
Using Chainlink’s infrastructure allows Aptos to offer tamper-resistant, real-time data, therefore lowering the risk of failure connected with a single data source.
Aptos Expands into Asia Amid Competition with SUI
In October 2024, as we previously noted, Aptos Labs acquired HashPalette Inc., the creator of Japan’s Palace Chain blockchain. This strategic move was designed to deepen Aptos’s presence in Asia, especially in Japan, which boasts a dynamic and growing crypto community. However, Aptos faces stiff competition from the SUI blockchain, which was also developed by former Meta engineers.
While Aptos is making strides in artificial intelligence and DeFi, SUI holds an edge with its larger market value and well-established ecosystem.
Conversely, in December 2024, Aptos changed its leadership when Mo Shaikh, co-founder and CEO of Aptos Labs, declared his departure. In his speech, Mo shared that after helping Aptos become one of the most innovative blockchains in recent years, he’s ready to start a new chapter in his life.
Fascinating debates have surfaced about Aptos’s possibilities of leading the crypto bull run in 2025. Aptos’s fast-expanding ecosystem and emphasis on using new technologies help to draw interest even now.
