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Cryptocurrency Aptos outperforms Solana in terms of price growth

11:15 am, October 4, 2024

The Aptos digital token APT $8.79 Aptos -1.35% Market capitalization $4.42 billion VOL. 24 hours $33.65 million has shown high resilience compared to Solana SOL $146.38 Solana 2.49% Market capitalization $68.59 billion VOL. 24 hours $0.19 billion during the recent market downturn. Over the past 30 days, the value of the virtual coin has increased by 36.5%, according to CoinGecko.

Over the past 14 days, APT’s price has risen by 22.9%, and over the past 24 hours, it has risen by another 2%. In contrast, Solana showed only 8.8% growth over 30 days, an 11% decline over the past seven days, and a 3.2% drop over the past 24 hours.

An important factor in Aptos' growth was the announcement by Franklin Templeton of the launch of its OnChain U.S. Government Money Fund (FOBXX) on the blockchain of the same name. This gave investors the opportunity to access the fund through the Benji Investments platform and manage their wallets on the Aptos network.

Aptos is also expanding into the Japanese market through the acquisition of HashPalette, a subsidiary of HashPort Inc. This expansion will allow HashPalette to migrate its blockchain infrastructure and applications to the Aptos network by 2025. Aptos will also be the exclusive blockchain technology provider for the digital wallet system at Expo 2025 in Osaka.

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BTC

$62,847.57

1.13%

ETH

$2,447.83

1.51%

BNB

$567.72

0.78%

XRP

$0.54

1.27%

SOL

$146.38

2.49%

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