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08 Oct 2024

Aptos Autumn

Aptos's APT is winning favor with speculators once more, but there are fundamental reasons to be bullish.
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TLDR
  • An altcoin market-wide shift has generated interest in so-called “VC coins” again, with SUI leading the way for the latest generation of major L1s.
  • Aptos’ APT has also shown signs of catching this bid, as some capital rotated into the L1’s token following Q4’s initial pullback.
  • The primary reasons to be bullish on APT go beyond tech though, as Aptos Labs have made a concerted effort to win market share in Asia – crypto’s strongest market for real world adoption.
  • Traditional finance behemoth Franklin Templeton has chosen to expand its on-chain fund to Aptos, positioning Aptos to benefit from the growth of the RWA sector.
  • We opt for APT exposure in Q4, but with some key caveats.
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