Token

Aptos

Million

Layer 1 (L1) blockchain platform Aptos has experienced a significant surge in key metrics, accompanied by a 12% price rally of its native token <a href="https://www.newsbtc.com/aptos-apt/aptos-market-cap-skyrockets-574-million-worth-of-apt-tokens-set-to-shake-the-market-in-q1-2024/" target="_blank" rel="noopener ">APT </a>within the past 24 hours. On Tuesday, the token’s price approached its all-time high (ATH) level of $19,92, reaching above $19. 
<h2 id="apt-eyes-20-milestone">APT Eyes $20 Milestone</h2> 
Despite the recent price correction across the broader cryptocurrency market, Aptos’ APT token has been on an impressive <a href="https://www.newsbtc.com/news/defi/sui-overtakes-bitcoin-aptos-defi/" target="_blank" rel="noopener ">uptrend </a>since early March. Over the past 30 days, the token has surged by more than 94%, showcasing its strong performance. 
Aptos has also gained recognition in crypto, climbing to the 23rd position among the largest cryptocurrencies by market capitalization. Currently valued at $7.3 billion, the token has experienced a substantial increase from the $4 billion recorded at the beginning of the month.&nbsp; 
The trading volume of Aptos (APT) has seen a significant surge, reaching $542,531,437 in the last 24 hours, a notable 90.70% increase from the previous day, according to CoinGecko <a href="https://www.coingecko.com/en/coins/aptos" target="_blank" rel="noopener nofollow">data</a>. 
<img loading="lazy" decoding="async" class="size-large" src="https://www.tradingview.com/x/6ll6Hbzm/" alt="Aptos" width="1815" height="858"> 
Analyzing the daily APT/USD chart, no significant resistance levels are observed, indicating that reaching the $20 milestone may be within reach, which would mark a new all-time high for the token.&nbsp; 
The sustainability of the bullish momentum and the ability of investors to hold on to their gains will play a key role in determining the coin’s future performance. Nevertheless, a possible retest of the next support level at $17.36 cannot be ruled out in the event of profit-taking and selling pressure. 
If the $17.36 support level fails to hold, the next significant support level for APT is at $16.31. However, it is important to note that APT’s <a href="https://www.newsbtc.com/news/aptos-tvl-soars-to-a-record-74-million-reflecting-growing-investor-confidence/" target="_blank" rel="noopener ">bullish structure </a>remains intact as long as the $12.14 support level remains unbroken, suggesting that the bulls currently have the upper hand as long as a sharp 30% decline does not occur. 
<h2 id="aptos-attracts-11-million-tokenholders-in-30-days">Aptos Attracts 11 Million Tokenholders In 30 Days</h2> 
Coupled with the increase in the price of its native token, Aptos has seen significant growth in key metrics over the past 30 days. According to Token Terminal <a href="https://tokenterminal.com/terminal/projects/aptos" target="_blank" rel="noopener nofollow">data</a>, token holders have grown significantly, increasing by 3.4% to 11.79 million individuals over the past 30 days.&nbsp; 
<img loading="lazy" decoding="async" class="size-large wp-image-599883" src="https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot_88.jpg?w=655&amp;resize=655%2C377" alt="Aptos" width="655" height="377" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot_88.jpg?w=655&amp;resize=655%2C377 655w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot_88.jpg?w=460 460w" sizes="(max-width: 655px) 100vw, 655px" data-recalc-dims="1"> 
In terms of fees generated, Aptos has seen a notable uptick. Over the past 30 days, fees generated were $209.16 thousand, representing a growth rate of 87.8%. Annualized fees reached $2.54 million, a slight increase of 0.2%. 
In a longer time frame, the Aptos token’s <a href="https://www.newsbtc.com/news/solana-aptos-ape-more-token-unlocks-this-september/" target="_blank" rel="noopener ">trading volume</a> has experienced significant expansion, reaching $10.82 billion over the past 30 days, indicating a significant increase of 178.2%.&nbsp; 
Featured image from Shutterstock, chart from TradingView.com

Aptos (APT) Surges 94% And Approaches All-Time Highs: Will It Break The $20 Barrier?

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