Aptos sets for a bullish surge after shattering transaction records and strategic partnerships. The Aptos blockchain is set for a bullish surge, having processed over 115 million transactions in 24 hours, breaking SUI’s record. This increase is driven by the Tapos top-to-earn game. Data from Coinglass shows Aptos outperformed Solana in transaction volume.
1/ Since January 2024, Aptos has attracted nearly 6M new users—with 54% from DEX and DeFi platforms such as @CellanaFinance, @AriesMarkets and @AmnisFinance (via @FlipsideCrypto 👉 https://t.co/enKK3kKDRW)
— Aptos (@Aptos) May 28, 2024
👀 Want more? Dive into the latest DeFi activity unfolding on Aptos 📊🧵
Additionally, APT announced a strategic partnership between ‘Thala’ and Mountain Protocol, facilitated by LayerZero, to strengthen its blockchain network. This collaboration aims to diversify token offerings within the Aptos ecosystem, including real-world assets (RWA). The integration of the USDM token with LayerZero will connect existing USDM liquidity to the APT ecosystem, significantly enhancing liquidity and functionality for users and stakeholders.
Key Aptos Levels To Watch – May 28
The market has recovered from its oversold state, as indicated by the RSI (Relative Strength Index). During the recovery, the price headed upward, causing a change in the market’s environment.
A CHoCH (Change of Character) to the upside has occurred. This followed the invalidation of the diagonal resistance. APTUSD is likely to keep heading upward as the market flips bullish.
APTUSD Key Levels
Resistance Levels: $10.40, $14.40, $19.50
Support Levels: $7.40, $4.70, $3.10
APTUSD Metrics
Total Market Capitalization: $2.55T
Aptos Market Capitalization: $4.17B
Aptos Volume: $171.70M
Market Rank: #26
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