Boosted by positive news, the prices of altcoins Aptos (APT) and Axelar (AXL) surged more than 15% during the session.
The price of Aptos (APT) rose more than 15% on Thursday, as issuers filed S-1 applications for both the coin and Axelar (AXL), buying interest in the session drove the altcoin's price up to a high of $6.14, while AXL reached a peak of $0.43.
AXL/USD and APT/USD Price Chart, Source: CoinMarketCap
As the SEC disclosed, asset management company Bitwise submitted an S-1 application for a trust linked to the Aptos (APT) coin. Canary Capital also filed an S-1 application for a trust linked to the Axelar (AXL) coin.
Both Aptos and Axelar are new generation blockchain platforms launched in 2022. Among them, Aptos is a Layer-1 blockchain network platform focused on developing Web3.0 infrastructure, with APT serving as its native token.
On the other hand, Axelar is an interoperability infrastructure that connects various blockchain networks, assets, and applications, with AXL serving as its native token.
Earlier this year, issuers like Invesco and DEFIGNTOLI already filed S-1 applications for altcoins such as LTC, SOL, XRP, and ADA. The recent filings for APT and AXL are expected to contribute to a new wave of interest in the cryptocurrency market.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
