Aptos Breaks New RWA Milestone as TVL Surpasses $530 Million, APT Price to $6?

Key Insights:

• Aptos’ real-world asset TVL increased by 56.28% over the past 30 days to $538 million.
• The Aptos network has gained popularity for its speed, ecosystem updates, collaborations, and relevance in the DeFi space.
• APT price eyes bullish breakout, fueled by rising trading volume and ecosystem growth.

Aptos (APT), a Layer-1 Proof-of-Stake (PoS) blockchain, has achieved a new milestone in the Real-World Asset (RWA) industry.

Notably, the RWA Total Value Locked (TVL) on Aptos surged to over $530 million in the past 30 days.

Market participants now watch to see whether the latest network achievement can fuel higher prices for APT.

Aptos Becomes Third-Largest RWA Platform

Aptos ecosystem contributor, Cryptodad on X, noted that RWA TVL on the network increased by 56.28% over the past month. This growth pushed Aptos Network’s real-world asset TVL to $538 million.

As a result, Aptos became the third-largest RWA network after Ethereum and zkSync Era.

Aptos’ increased TVL came from private credit, institutional alternative funds, and U.S. Treasuries.

Aptos recorded the highest activity in private credits, which contributed $420 million to the TVL. The private credit set comprises tokenized debt tools and financial products.

These instruments have gained popularity due to their revenue potential in a low-interest international ecosystem.

With on-chain private credit, retail and institutional investors are exposed to financial products that are generally inaccessible.

Aptos presents an innovative option to legacy systems by capitalizing on the increasing interest in transparency, reduced settlement times, and streamlined access.

The second-highest RWA activity on Aptos was tokenized U.S. Treasury securities, which totaled $86.93 million.

Next on the list was institutional alternative funds, adding $30.7 million to the total value locked.

Tokenized Treasuries are important for fund managers and institutions. They offer faster settlement and access than traditional markets while prioritizing compliance.

Venture capital groups, hedge funds, and other top players have found Aptos suitable for experimenting with blockchain-centric asset management.

How Aptos is Navigating the Crypto Space

Aptos is growing rapidly in comparison with other chains. From fast transactions to real assets, the Aptos network is bridging the gap between Traditional Finance (TradFi) and the crypto world.

The network has demonstrated that the combination of speed and structure is a winning tool for real-world asset adoption in Web3.

Aptos uses the Move programming language, a Rust-based language optimized for secure and flexible smart contract execution.

Recent data suggests Aptos could emerge as one of the fastest-growing blockchains this year.

Some factors that support this claim include ecosystem upgrades, strategic collaborations, and growing relevance in Decentralized Finance (DeFi).

In May, Aptos DEX volume surged above $183 million, the highest seen in its history. This rally coincided with an acceleration in app revenue this year.

In a more recent development, Wyoming, a state in the U.S, selected Aptos as the top blockchain network candidate to host its WYST stablecoin.

The Aptos growth is significant, considering it generally pales concerning more popular protocols like Ethereum and Solana.

However, there is a subtle recognition of Aptos for its performance among institutional investors. With the crypto market in a major breakout phase, Aptos is finally ready to lead the RWA trend.

Implications for APT Price

The RWA TVL milestone and the recent ecosystem developments position Aptos and its native coin, APT price, for future growth.

However, APT reflected bearish sentiments, declining 0.5% and 4.7% on the daily and weekly charts, respectively. At press time, APT was priced $4.4 per coin.

Nevertheless, the market activity remained high as indicated by the rising trading volume. In the past 24 hours, the metric increased by 10.3% to $99.5 million.

If trading volume continues to rally high, a slight improvement in the market could see APT regain bullish momentum.

Market analysts predicted that APT could experience substantial growth if the price crosses the $20 resistance in the long term.

They added that a successful breakout from $20 could send APT to $100.