TLDR
Aptos (APT) rose 4.86% over the last 24h, outperforming Bitcoin (+4%) and Ethereum (+3.5%). Here are the main factors:
- Bitso Partnership (Bullish)
- WBTC Integration (Bullish)
- RWA Growth & Technical Breakout (Mixed)
Deep Dive
1. Bitso Partnership (Bullish Impact)
Overview: Aptos Foundation partnered with Bitso (9M+ users) to enable instant USDT/USDC transfers across Latin America. The deal targets high-volume corridors like U.S.-Mexico remittances, leveraging Aptos’ sub-second finality and near-zero fees.
What this means: Latin America accounts for 46% of Bitso’s stablecoin transactions. This integration could drive APT demand as users access APT for gas fees and cross-border settlements. Monthly stablecoin volume on Aptos already exceeds $50B, and Bitso plans APT deposits/withdrawals soon.
What to look out for: Adoption metrics in Q3 2025 – particularly remittance volume growth and APT liquidity on Bitso.
2. WBTC Integration (Bullish Impact)
Overview: Wrapped Bitcoin (WBTC) launched on Aptos via LayerZero/Stargate, enabling Bitcoin liquidity to flow into Aptos DeFi protocols like Aries Markets and Thala.
What this means: Bitcoin’s $265B market cap brings deeper liquidity to Aptos. DeFi protocols can now offer BTC-collateralized loans or yield strategies, potentially boosting APT’s utility as the base gas token.
What to look out for: TVL growth in Aptos DeFi – currently at $668M, up 56% in 30 days.
3. RWA Growth & Technical Breakout (Mixed Impact)
Overview: Aptos ranks #3 in tokenized RWAs ($538M TVL) behind Ethereum and zkSync. Meanwhile, APT broke above its 30-day SMA ($4.57) with bullish MACD divergence.
What this means: Institutional RWA activity (BlackRock’s BUIDL, Franklin Templeton) supports long-term demand, but APT remains 30% below its 2025 high. Technically, $4.89 (23.6% Fib) is the next resistance.
Key risk: 32.5% of APT’s supply remains locked, with monthly unlocks creating selling pressure.
Conclusion
Aptos’ price rise reflects strategic partnerships expanding real-world utility (Bitso, WBTC) and technical momentum from oversold levels. However, token unlocks and competition from Solana/Sui in RWAs could cap gains.
Key watch: Can APT hold above $4.60 (50-day EMA) amid Friday’s Fed speech and broader market volatility?