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Aptos (APT) is proving its capability to thrive in the blockchain space. In mid-2024, it demonstrated scalability by reaching an amazing speed of 12,500 TPS, rivaling major networks like Solana and Ethereum. This achievement reinforces its readiness for large-scale usage. Later that year, the cryptocurrency saw an 18% price rise during a market pullback, showing that investors are optimistic about its potential.
Trump presidential inauguration is in just 4 days & expectations are sky-high
— Axel Bitblaze 🪓 (@Axel_bitblaze69) January 16, 2025
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Its total value locked (TVL) increased by 123% over three months, surpassing $700 million. This surge reflects a growing interest in its decentralized finance (DeFi) ecosystem. With ongoing technological improvements and rising adoption, Aptos appears well-positioned for long-term success. While challenges such as market resistance remain, its strong performance and expanding utility suggest significant room for further growth.
Key Aptos Levels To Watch – January 14
APTUSD has shown a bullish reversal near the $9.00 level, with RSI (Relative Strength Index) climbing from oversold territory. The price is trading above the SMA (9), signaling potential momentum to the upside.
A breakout above the $10.50 resistance could pave the way for a test of $11.10 and beyond. Sustained strength above the descending trendline may confirm a shift to a bullish trend.
APTUSD Key Levels
Resistance Levels: $10.40, $14.40, $19.50
Support Levels: $7.40, $4.70, $3.10
APTUSD Metrics
Total Market Capitalization: $3.53T
Aptos Market Capitalization: $5.32B
Aptos Volume: $279.10M
Market Rank: #29
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