- APT price jumps 15.35%, driven by high transaction speeds and rising daily active accounts on the network.
- Institutional adoption surges as Franklin Templeton integrates a $435M fund into the Aptos blockchain.
- Partnerships, including Expo 2025’s digital wallet system, strengthen Aptos’s market presence in Japan.
Aptos (APT) has shown a significant upward trend recently, fueled by rising institutional interest and increased network activity. Over the past 24 hours, APT surged by 15.35%, outperforming several other major cryptocurrencies, including SUI.
The surge in market value follows the integration of high-profile partnerships and a marked increase in blockchain usage, indicating growing investor confidence.
APTOS Network Activity on the Rise
Aptos’s blockchain network has processed over 1,051 transactions per second, reaching nearly 3.75 million active daily accounts. Such figures demonstrate heightened user engagement and growing adoption of the platform’s services.
Source: CoinMarketCap
This sharp increase in network activity has likely contributed to the rise in APT’s value, as the token becomes more integral to user operations on the blockchain.
Institutional Partnerships Driving Growth
A significant factor behind Aptos’s price rise is the expanding interest from institutional investors. Recently, Franklin Templeton integrated its $435 million Onchain U.S. Government Money Fund into the Aptos blockchain.
This aligned it with other major blockchain networks like Avalanche and Arbitrum. This move indicates a broader trend of institutional adoption, strengthening Aptos’s position in the market.
Additionally, Aptos Labs secured a partnership for the Expo 2025 in Osaka. This makes it the exclusive provider of blockchain services for the event’s digital wallet system.
This collaboration not only enhances Aptos’s global presence but also aligns it with significant technological and business developments in the Japanese market. This comes particularly after its acquisition of HashPalette, a subsidiary of HashPort Inc.
Technical Indicators and Future Outlook
Aptos’s price currently faces resistance at $10.7. Should bullish momentum continue, analysts suggest that APT could target levels as high as $19. However, the Relative Strength Index is nearing an overbought territory, signaling that a price correction could follow if the current surge loses strength.
The post APT Outperforms Major Cryptos with 15.35% Growth, Driven by High Transactions and New Collaborations appeared first on Crypto News Land.
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