Echelon Market, a leading money market protocol, is taking a big step by integrating Chainlink Price Feeds on the Aptos blockchain. This upgrade, which was announced today, enhances one of the largest DeFi platforms on Aptos by providing tamper-proof, high-quality data that fuels lending markets.
Chainlink reported the development on X with Echelon explaining that the move enhances scalability, risk management, and long-term growth. The protocol aims to accelerate adoption as it builds on Aptos’ infrastructure, which has already proven its strength.
According to Echelon, Chainlink Price Feeds now deliver the essential data that will drive the platform’s long-term growth.
Besides, Aptos Labs also apart from the partnership revealed adoption numbers for its EXPO2025 Digital Wallet. According to a report by Business Insider, a blockchain infrastructure provider said the wallet has gained over 500,000 new accounts and processed more than 4.37 million transactions by August 18. This surge coincides with Japan’s summer holiday season and rising visitor traffic at Expo 2025.
Aptos Labs CEO Avery Ching explained the achievement. He said, “Half a million accounts and millions of transactions show how Aptos can power delightful, real-world experiences at global scale.” Moreover, he stressed that this is what true mass adoption of Web3 looks like: seamless, secure, and accessible to everyone.
Meanwhile, Chainlink co-founder Sergey Nazarov gave a bold outlook for crypto. He said, “Our industry is gonna boom through the merging of DeFi and TradFi… tens of trillions of dollars in market cap.” He highlighted that stablecoins, tokenized funds, equities, and commodities will drive most of this growth.
In a similar action, Bitwise Asset Management filed with the SEC for the first Link ETF in the US. This fund, known as Bitwise Chainlink ETF, will be supported by LINK tokens, with Coinbase Custody acting as custodian.
This filing creates new opportunities for institutional investors wishing to gain exposure to Chainlink, though approval is still pending.
Chainlink’s integrations, Aptos’ growth, and Bitwise’s ETF signal a pivotal shift toward mainstream Web3 adoption and institutional entry.
