CandleFocus Aptos Sees Major Uptick in Transactions: APT Targets Yearly High of $20
2024-10-22
Author: Content Editor
The Layer 1 blockchain Aptos (APT) has experienced a significant increase in network activity, leading to a surge in its native token's value. On-chain data shows a rise in user activity and daily transactions on the network, with the decentralized finance (DeFi) sector seeing substantial growth. The DeFi total value locked (TVL) on Aptos has reached an all-time high. The altcoin's price has also seen impressive gains, and technical indicators suggest the possibility of an extended rally. However, profit-taking activity could invalidate this bullish projection, potentially leading to a price drop.
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