Sasha why NOT

Aptos $APT is showing strong growth, but faces competition and technical challenges.

Top drivers:

* DeFi activity surged: $ 3.2B DEX volume in May, stablecoins up $1.13B

* Real-world adoption: tokenized medical data in the UAE

* Tech upgrades: RapidLane (12x TPS), MoveEVM for safer contracts

* Institutional capital: BlackRock invested \$53.4M via BUIDL

* Regulatory boost: CEO testified before US Congress, price jumped 5%

* User growth: 2.5M new users in May, 130M transactions

Risks:

* Strong competition from Solana and Lightchain

* Token unlocks: 32.5% still to unlock by 2028

* Developer friction with Move language, Sui gaining traction

* Price underperformed: down 13.8% over the past month

Technical levels:

* Support: $4.46–$4.60

* Resistance: $5.18, $5.57, then $6.20– $ 7.40 if broken

* RSI at 42.5, volume up 20%, MACD slightly bearish

Outlook:

Neutral to bullish. Key to upside: scaling, turning AI and DeFi narratives into products, retaining developers.

Break above $5.57 may lead to $ 7+. Drop below $4.46 risks fall to $4.20.

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