If you break down the market in 2025, you will find that there are many lines being spoken: AI Agents, everything can be RWA, BTCFi, Restaking, multi-chain DeFi, with media taking turns labeling them, producing reports, and drawing K-lines. But if you layer these lines back into one picture, you will find a more brutal consensus: no matter how the narrative is repackaged, it ultimately boils down to one question — who will bring 'reality' into the contract?
RWA has increased from 5 billion US dollars in 2022 to over 24 billion by mid-2025, becoming the second fastest-growing sector after stablecoins, especially in private credit, which has surged to 14 billion, essentially locking in the direction of 'institutions going on-chain.' On the other hand, industry forecasts clearly outline the main themes after 2025: AI Agents, RWA, stablecoins, and a compliance-friendly regulatory environment will be the key narratives in this round of crypto expansion. Looking a bit deeper, the Bitcoin ecosystem is vying for the BTCFi narrative, crafting stories around BTC L2 and RWA government bond combinations, while teams like RedStone, which specializes in RWA oracles, have clearly stated in their reports that 'complex pricing oracles are the key infrastructure for institutional-level RWA.'
In this pile of narratives, APRO's position is actually very clear: it is a decentralized AI Oracle network that started for the Bitcoin ecosystem and then expanded to multi-chain, providing reliable, fast data and customizable computation for DeFi, RWA, and BTCFi through off-chain computation and on-chain verification. It is not just feeding a BTC price line, but trying to create a 'reality input bus': from prices, interest rates to PoR fields, audit reports, and even multi-modal data needed by future AI Agents. AT is the token of this AI-oracle network, and it now has stable liquidity and a market value in the tens of millions on the BNB Chain, actively participating in various innovative areas of DEX and CEX. You can see it as 'another Oracle token', or you can take a different perspective—seeing it as a lever for the entire 'real-world access rate.'
Why do I say this? Because these few mainlines of 2025 actually have a common point: they are all competing for 'who can more deeply touch reality'. RWA brings government bonds, private credit, commodities, and real estate onto the chain, fundamentally transforming 'offline cash flow + legal structure' into programmable assets; BTCFi aims to turn BTC into collateral, interest rate assets, and risk assets, ultimately needing to see whether real yields, PoR, and cross-chain liquidity are stable; AI Agents want to have agency on-chain, requiring constant calls to real-world data and on-chain states to make decisions, place orders, and adjust positions. Each line amplifies dependence on Oracle and is no longer satisfied with just 'feeding one price to complete the task.'
APRO's AI-Oracles are doing something very 'engineering': off-chain nodes connect dozens of chains, several CEXs, and various off-chain providers to perform multi-source aggregation and pattern recognition; AI models are responsible for cleaning up this data, identifying which are noise and which are structural changes, especially for complex assets like RWA and PoR, directly reading NAV, compliance fields, and audit reports; on-chain, there is a layer of verification and settlement, writing data feeds into contracts for multi-chain DeFi, RWA protocols, BTC L2, and AI Agents. You can think of it as an Oracle network that can 'read reports by itself, guess sentiments by itself, and cross-check by itself', where the focus is not on how flashy the computing power is, but on how it breaks down 'reality' into multiple billable dimensions: frequency, latency, multi-source depth, AI verification strength, PoR thickness.
The places where AT intervenes are in these specific and concrete indicators. Nodes need to enter the market; it's not enough to just hang an RPC and shout 'decentralization', but they need to stake AT and put their reputation on the line that 'I am willing to be responsible for the quality of this feed'; protocols need to use APRO, not just write a contract address and be done, but need to choose the level of service they want and then use AT to pay for the cost of this AI-oracle channel. This relates to the 'security budget', 'black swan defense line', 'SLA written into tokens' we discussed earlier, but this time I want to pull the lens back a bit: treating AT as a 'penetration rate indicator of multiple narrative intersections.'
Imagine three types of users:
One type is those involved in RWA, looking at where the numbers written in those reports are headed. RedStone's data has already indicated that RWA has risen from 5 billion to 24 billion, with a growth rate of 380%, private credit reaching 14 billion, and oracles becoming a necessary facility for institutional entry. For this type of user, APRO breaks down PoR reports, custodial structures, maturity dates, and risk terms into machine-readable data, and then through AI cross-checking, converts it into 'collateral parameters' and 'risk control rules'. How much AT they are willing to pay for this essentially reflects their willingness to give up part of their earnings to the 'reality check layer.'
The second type is those who are opening leverage, doing liquidation, and structuring on BTCFi and multi-chain DeFi. They care about BTC/stablecoins, interest rates, basis, and cross-chain liquidity, often using high-frequency, low-latency feeds. For these people, APRO pulls a 'unified reality' line between BTC L2 and BNB Chain: no matter which chain you open a position on, you see the same set of prices that have been verified through multi-source aggregation and AI checks. The amount of AT used here is not only for security but also to ensure that their strategies respond quickly to reality. How much more you are willing to pay for this directly determines whether you are cut off by long wicks in extreme conditions or discover at the first moment that 'this is not an opportunity, the quote is broken.'
The third type is the AI Agents, who are being hyped up. In the narrative of 2025, AI Agents will be a main character: they will run strategies, do liquidations, manage positions, look at PoR reports, and even judge the impact of regulatory news. These Agents inherently need to consume data madly—multi-chain prices, liquidity, volatility, financing rates, audit fields, on-chain events. Their consumption of Oracle may be more exaggerated than all human traders combined. If there isn't something like AT to explicitly lock this AI-oracle network, Agents will eventually drag the system to some extreme limit. How much AT budget you allocate to an Agent, in a sense, is how much 'real-world access rate' you allow it to experiment with.
By stacking these three types of people together, you will find that the curve of AT is not the same script as the traditional 'governance token'. It does not simply correspond to 'how much TVL we've added today, how many chains have integrated', but rather resembles an answer to the questions of the next three to five years: when RWA, BTCFi, and AI Agents really start to take off, and if multi-chain DeFi really wants its liquidation lines and PoR rules to be sensitive to reality, will they be willing to continuously pay for this AI Oracle channel? If the answer is no, then all of this narrative will ultimately just be going in circles—protocols continue to pretend there are no data issues until the next Oracle incident wipes out a bunch of positions; if the answer is yes, then what you see is not just the growth of APRO itself, but the 'real-world access rate' being priced by the market: from cheap, unstable, and dispensable, it gradually rises to an expense that must be seriously recorded in the cost sheet.
Looking back at AT from this perspective, it is still just an Oracle token with a market value of several tens of millions of dollars and liquidity just starting on the BNB Chain. You can certainly treat it as a purely speculative chip, looking at K-lines, turnover, and who is lurking on-chain; or you can see it as a slower but more honest indicator: in this round of narratives interwoven by AI, RWA, BTCFi, and Agents, how much real budget has started to be allocated to 'we need to seriously address reality'. The former mode of play emphasizes speed, while the latter emphasizes patience—and those who truly rely on APRO / AT at the DeFi foundation often care more about the latter.
The above is my personal understanding of AT and does not constitute investment advice. Every time you use AT to participate in staking, payment, or governance, at the moment you press confirm, the responsibility lies with you. As for whether you want to see AT as an 'AI Oracle index token' or just as a high turnover story carrier, this choice itself is a bet on your view of future real-world access rates.
