Aptos (APT) is about to break out as institutional capital rises to the sky.

The price of Aptos (APT) recorded a strong rebound in the first week of August, marking a return after the previous deep correction.

The issue currently concerning investors is whether APT can maintain its momentum to emerge from the bleak period. Previously, this coin had plunged 28%, from a peak of $5.6 in July to a local bottom of nearly $4 on August 2.

This recent decline partly reflects the general trend of the market, while also being influenced by the latest token unlocking event. However, as of the time of writing, APT has recovered to $4.8 — equivalent to an increase of more than 15%, indicating that short-term selling pressure has temporarily eased.

APT/USDT daily chart | Source: TradingViewFrom a long-term perspective, APT is still fluctuating near its historical bottom, opening up the opportunity for a strong breakout if the market experiences a large-scale recovery wave. However, the series of token unlock events still pose a significant barrier, preventing the upward momentum from truly exploding.

Nevertheless, some recent positive signals, especially the practical applications of APT, are igniting hopes for a potential growth phase in the near future.

Major financial institutions "choose to trust" Aptos – A positive signal for APT price

The recent adjustment of APT seems to have opened a new window of opportunity. The long-term prospects of the Aptos network are being viewed positively, especially as the "big players" in the financial world begin to turn their attention to this ecosystem.

Franklin Templeton, Apollo, and BlackRock are among the leading names reportedly launching projects on Aptos. Notably, BlackRock has launched the BUIDL fund to promote development activities within the network.

Source: XThe highlights lie not only in the enormous scale of capital but also in the global influence of these organizations in the financial sector. Their presence can become a catalyst, attracting more organizations to participate, thereby significantly expanding the scope and power of the Aptos ecosystem.

The ongoing projects promise to bring many practical applications soon. Currently, Apollo and Franklin Templeton are focusing on the tokenization of real-world assets (RWA) on Aptos — one of the most powerful booming trends in the cryptocurrency industry.

According to the latest market data, the total value of RWA deployed on Aptos has surpassed 700 million USD. Notably, Aptos currently ranks third globally in total value of locked RWA assets (TVL), affirming its increasingly solid position in the blockchain race.

Aptos Network Performance – The Numbers Speak

Although receiving attention from large corporations, their impact has not yet been clearly reflected in the core performance metrics of the network.

For example, the number of active addresses has declined sharply since the beginning of February. From a peak of 1.58 million addresses on February 1, this number plummeted to just 543,000 by the end of July. Nevertheless, thanks to a slight recovery of the market in recent days, the number of active addresses has increased to over 760,000.

Aptos Operating Address | Source: The BlockAlthough still significantly lower than at the beginning of the year, activity on decentralized exchanges (DEX) of Aptos has recorded strong growth over the past 4 months. Daily trading volume on DEX once fell below 6 million USD in mid-March, but then surged multiple times, reaching a peak of over 255 million USD on July 9. Even during the recent correction, the lowest level still maintained above 136 million USD.

The DEX volume of Aptos | Source: DeFiLlamaHowever, compared to leading blockchains, Aptos still has a significant gap, indicating that the path towards mainstream adoption is still long. Nevertheless, the medium to long-term outlook remains promising, especially as the RWA sector continues to grow. This could become the main driving force behind the adoption of Aptos and the demand for APT, especially in the context where the US is encouraging traditional financial institutions (TradFi) to step into Web3.

SN_Nour