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COINTURK NEWS > Altcoin News > APTOS Takes Bold Steps in Crypto Ecosystem
Altcoin News

APTOS Takes Bold Steps in Crypto Ecosystem

In Brief

  • APTOS offers a competitive alternative in the cryptocurrency landscape.

  • The integration with Chainlink enhances application reliability and innovation.

  • Developers can access essential data quickly and easily for their projects.

Fatih Uçar
Fatih Uçar 5 months ago
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The growth of cryptocurrency networks in the long term is contingent upon building more beneficial applications. Currently, many level 1 (L1) and level 2 (L2) platforms strive to survive in an increasingly competitive environment. Each network has its strengths and weaknesses, with some remaining overshadowed by their mediocrity. Where does Aptos fit into this landscape?

Contents
The Future of APTOSChainlink and APTOS

The Future of APTOS

Launched as a competitor to Solana $172 and utilizing the MOVE programming language, APTOS presents a swift and cost-effective alternative. It has already carved out a notable position within the industry. Despite strong competition in this field, alternatives like APTOS have significant roles to play in a multi-chain future.

Given that many users in the cryptocurrency ecosystem view paying several dollars for a single transaction confirmation as excessive, APTOS has the potential to thrive in the long run.

Chainlink and APTOS

We have previously discussed Chainlink $15, which has nearly monopolized blockchain-based Oracle services and dominates the DeFi world. This is not an exaggeration, as it is one of the oldest ventures in this space. Today, it has been announced that the APTOS network has integrated Chainlink price feeds.

Aptos now provides developers with the infrastructure needed to create safer and more innovative Web3 applications. Chainlink, known for its decentralized data standards, particularly offers price feeds for DeFi protocols.

Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs, expressed excitement regarding this recent development. He noted that the adoption of Chainlink standards by Aptos would enhance the reliability of applications built on the network and he eagerly anticipates the innovative solutions that developers will create.

Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation, also expressed satisfaction with developers’ ability to access fast, accurate, reliable, and user-friendly data for their protocols.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 9 January, 2025 - 11:15 pm 9 January, 2025 - 11:15 pm
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