Aptos (APT) surged 8% to $1.99 on Tuesday, buoyed by a broader cryptocurrency market rally as Bitcoin approached $93,500. The rise in APT comes amid renewed interest in altcoins, with Grayscale Investments considering Aptos for potential inclusion in its investment products. This development could drive further demand for the token.
Grayscale's updated list of assets under consideration includes Aptos, highlighting its growing appeal as a scalable Layer 1 blockchain. The potential listing of new exchange-traded products (ETPs) could attract significant capital inflows. The Aptos token, which has seen a negative trend since October, is now benefiting from network upgrades and cross-chain developments, positioning it for potential gains beyond the $2 mark.
Aptos (APT) Jumps 8% as Bitcoin Nears $93.5K Amid Market Rebound
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