Key Takeaways
Why are traders eyeing Aptos?
APT’s Open Interest rose 8.32% to $371.96 million, showing speculative inflows.
How is APT trending socially?
APT’s Social Dominance spiked to 0.388% as Ethereum dropped to 5.31%.
Since the announcement of Aptos [APT] partnering with the Trump family’s World Liberty Financial [WLFI] to integrate the USD1 stablecoin, the project has suddenly attracted intense market attention.
This collaboration not only boosts Aptos’ visibility but also positions it in a competitive space against Ethereum [ETH].
The partnership signals an effort to enhance adoption through stablecoin integration while aligning APT with high-profile backers.
Consequently, the blockchain has gained fresh momentum at a time when Ethereum continues to dominate but shows signs of cooling activity across multiple metrics.
Aptos sees Open Interest growth as Ethereum slows
Market sentiment reflected in Derivatives data showed diverging trends between APT and Ethereum.
Aptos registered a +8.32% rise in Open Interest (OI), pushing its value to $371.96 million, at press time. Conversely, Ethereum recorded a modest rise of 2.69%, settling at $55.36 billion.
While Ethereum’s scale remained unmatched, the contrast showed rising speculative interest in APT at a moment when Ethereum demand weakened slightly.
That divergence suggested traders were exploring alternatives, feeding the debate about Aptos’ ability to attract more developer interest.
Source: CoinGlass
Is Ethereum losing dominance as APT gains traction?
Alongside Derivatives, social activity revealed an intriguing picture.
Ethereum’s Social Dominance has plunged to 5.31%, as of writing, a steep decline from its peak of over 19% in August.
Meanwhile, APT experienced a notable spike, climbing to 0.388% from 0.080%, its strongest performance in months.
This surge coincided with the WLFI partnership announcement, suggesting investors and communities are increasingly discussing Aptos as a credible competitor.
Even so, Ethereum retained far greater visibility. Yet, the divergence showcased how new partnerships could quickly reshape narratives, pushing Aptos into the spotlight for developers and users alike.
Source: Santiment
Can APT attract developers away from Ethereum?
Momentum around Aptos is building. OI has climbed, social chatter is rising, and the WLFI partnership has added credibility to the project.
Meanwhile, Ethereum remains firmly rooted in its massive developer ecosystem and robust infrastructure.
While Aptos isn’t likely to replace Ethereum anytime soon, its growing traction positions it as a compelling alternative.
APT could gradually attract developers looking for faster and more cost-effective solutions, though Ethereum’s dominance remains a significant hurdle in the short term.