Aptos price (APT) is showing signs of life again after plunging to a yearly low of $2.22 earlier this month. The Layer-1 token has bounced nearly 8% in the past 24 hours, trading around $3.30.
This comes after institutional investors like BlackRock and Jump Crypto are bringing new energy to the Aptos network. This positions Aptos as a key player in the tokenization of real-world assets (RWA).
Institutional Adoption Fuels Aptos Rebound
BlackRock’s BUIDL fund expanded to Aptos on October 22, deploying $500 million in tokenized Treasuries and pushing Aptos into the top-3 RWA blockchains, trailing only Ethereum and zkSync Era.
Data shows over $1.2 billion in RWAs now tokenized on Aptos, a milestone that underscores rising trust from traditional finance.
This institutional endorsement signals more than just prestige; it brings liquidity and credibility. Aptos’ parallel execution and Move language give it a clear edge in compliance-oriented deployments, helping it stand out in the increasingly crowded L1 race for tokenized assets.
Jump Crypto’s launch of Shelby, a decentralized storage layer built on Aptos with sub-second latency and ultra-low costs, adds further momentum. Together, these moves paint a picture of a blockchain pivoting toward high-frequency, enterprise-grade use cases, from RWAs to AI-powered DeFi.
Aptos Price Prediction: Testing $3.50 Resistance
At press time, APT trades near $3.30, up roughly 4% on the day, with a market cap of $2.37 billion and 24-hour volume surging over 80% to $177 million.
Still, technicals show a cautious backdrop. On TradingView, the daily chart reflects multiple sell signals: 13 sells to 1 buy on moving averages, while oscillators remain mostly neutral. The Relative Strength Index (RSI) sits near 34, suggesting mild accumulation but far from overbought territory.
The immediate resistance level is at $3.50, while support is around $3.10. If the price breaks above $3.50, it could rise to $3.85. However, if it fails to maintain its current levels, it might drop to $3.00 or even retest October’s low of $2.22 if the overall market sentiment gets worse.
As Michaël van de Poppe noted, APT is at its “lowest valuation in years” and may offer “a good moment to be stepping in.” Yet the macro setup, lower liquidity, and choppy risk appetite mean upside could stay limited in the short term.
READ MORE: Ethereum Price Analysis: Why ETH May Rebound Soon
