Despite facing pressure this year, Aptos (APT) has shown strong on-chain metrics. The number of active addresses on the network has grown significantly, reaching over 1.2 million from less than 100,000 in August last year. Additionally, the number of transactions has continued to rise, with a 30-day transaction volume increase of over 30% to 156 million. The total value locked in the Aptos ecosystem has also been rising, currently standing at over $1.05 billion. Top players in the ecosystem include Aries Markets, Echo Protocol, Amnis Finance, and Thala. However, the APT token has experienced a decline in price, falling from its peak of $15.40 to around $8. On a positive note, there are indications of a potential bullish breakout, as the coin has formed a falling wedge chart pattern and the MACD and Relative Strength Index indicators have formed a bullish divergence pattern. If the coin breaks above the initial resistance at $10.53, it could see further gains, with the next resistance level at $15.40, representing an increase of 85% from the current level.



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