{"id":644330,"date":"2024-09-24T08:00:12","date_gmt":"2024-09-24T08:00:12","guid":{"rendered":"https:\/\/uniquehot.com\/?p=644330"},"modified":"2024-09-24T14:36:54","modified_gmt":"2024-09-24T14:36:54","slug":"aptos-engagement-active-accounts-growth-fuel-36-apt-rally","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/aptos-engagement-active-accounts-growth-fuel-36-apt-rally\/","title":{"rendered":"Aptos: Engagement, Active Accounts Growth Fuel 36% APT Rally"},"content":{"rendered":"

Aptos rides the bullish wave that swept over the market. The token, according to the latest market updates, <\/span>registered<\/span><\/a> an almost 36% surge in price, which follows the movement of major cryptocurrencies such as Bitcoin and Ethereum, pushing forward the overall sentiment on the token.<\/span><\/p>\n

Related Reading: Bittensor (TAO) Explodes By 81% \u2013 Is $530 The Next Target?<\/a><\/div>\n

Investors are currently interested in a series of statistics showing Aptos has grown significantly since the start of the year. If the trend continues, we might see APT pushing boundaries in the coming days or weeks.\u00a0<\/span><\/p>\n

Growth And Developments Fuel Investor Confidence<\/strong><\/h2>\n

Recently, X user <\/span>@apt_everstake<\/span><\/a> released <\/span><\/a>an article on X regarding the platform\u2019s metrics last month which shows great promise in the long-term prospect of the protocol. <\/span>According to the article, Aptos’s active users rose to 3 million monthly active users–the numbers had surged by 11% from July. <\/span><\/p>\n

The highest point reached an active user on the platform was 450k, while average daily accounts exceeded 190k, and that increased the figures by 12% as compared to last July.<\/span><\/p>\n

\n

https:\/\/t.co\/dqi277ncfo<\/a><\/p>\n

\u2014 Aptos Nerd | Everstake (@apt_everstake) September 21, 2024<\/a><\/p><\/blockquote>\n

Aptos also boasted a high throughput, with a peak of 360 million transactions in one day and a transaction-per-second of 12,000.\u00a0<\/span><\/p>\n

\"\"<\/p>\n

On-chain activity with the likes of Aptos attracts partners and retail investors alike. These are clear signs that the platform has a somewhat clear trajectory in the future which makes it worth investing capital on.\u00a0<\/span><\/p>\n

In a tri-partnership between Aptos, Ankaa Labs, and OKX Ventures, Ankaa <\/span>announced<\/span><\/a> their first cohort of projects that will receive support from the Ankaa Accelerator program. According to the <\/span>blog post<\/span><\/a>, five projects were chosen by the partnered organizations as they saw their \u201c<\/span>significant potential to contribute to the Web3 ecosystem.\u201d<\/span><\/p>\n

APT is currently trading at $7.86. Chart: TradingView<\/a><\/figcaption><\/figure>\n

The program will fund these using their accrued $10 million investment from Aptos and OKX.\u00a0<\/span><\/p>\n

Momentum Peters Out At $8.24<\/strong><\/h2>\n

Although the token has moved quickly following the flip in investor sentiment, APT\u2019s attempt to break through the $8.24 resistance level has failed leading to the token attempting to stabilize above $7.76.\u00a0<\/span><\/p>\n

\"\"<\/p>\n

The previous price movement of APT led to the exhaustion of the bulls, leading to quite a bearish undertone on the otherwise great gains made in the past couple of days. The relative strength index (RSI) hints at a possible reversal in the momentum of the token, leading to a return to the $7.27 in the short to medium term.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin To Outshine Gold By 400% By 2025, Veteran Analyst Predicts<\/a><\/div>\n

However, the token\u2019s high correlation with Bitcoin and, by extension, the entire market will prove to be beneficial for the bulls in the coming days. With Bitcoin breaking the $60k barrier, we might see Aptos follow the same price movement if the market environment strengthens investor confidence.\u00a0<\/span><\/p>\n

Featured image from Medium, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Aptos rides the bullish wave that swept over the market. The token, according to the latest market updates, registered an almost 36% surge in price, which follows the movement of major cryptocurrencies such as Bitcoin and Ethereum, pushing forward the overall sentiment on the token. Related Reading: Bittensor (TAO) Explodes By 81% \u2013 Is $530 The Next Target? Investors are currently interested in a series of statistics showing Aptos has grown significantly since the start of the year. If the trend continues, we might see APT pushing boundaries in the coming days or weeks.\u00a0 Growth And Developments Fuel Investor Confidence Recently, X user @apt_everstake released an article on X regarding the platform\u2019s metrics last month which shows great promise in the long-term prospect of the protocol. According to the article, Aptos’s active users rose to 3 million monthly active users–the numbers had surged by 11% from July. The highest point reached an active user on the platform was 450k, while average daily accounts exceeded 190k, and that increased the figures by 12% as compared to last July. https:\/\/t.co\/dqi277ncfo \u2014 Aptos Nerd | Everstake (@apt_everstake) September 21, 2024 Aptos also boasted a high throughput, with a peak of 360 million transactions in one day and a transaction-per-second of 12,000.\u00a0 On-chain activity with the likes of Aptos attracts partners and retail investors alike. These are clear signs that the platform has a somewhat clear trajectory in the future which makes it worth investing capital on.\u00a0 In a tri-partnership between Aptos, Ankaa Labs, and OKX Ventures, Ankaa announced their first cohort of projects that will receive support from the Ankaa Accelerator program. According to the blog post, five projects were chosen by the partnered organizations as they saw their \u201csignificant potential to contribute to the Web3 ecosystem.\u201d The program will fund these using their accrued $10 million investment from Aptos and OKX.\u00a0 Momentum Peters Out At $8.24 Although the token has moved quickly following the flip in investor sentiment, APT\u2019s attempt to break through the $8.24 resistance level has failed leading to the token attempting to stabilize above $7.76.\u00a0 The previous price movement of APT led to the exhaustion of the bulls, leading to quite a bearish undertone on the otherwise great gains made in the past couple of days. The relative strength index (RSI) hints at a possible reversal in the momentum of the token, leading to a return to the $7.27 in the short to medium term.\u00a0 Related Reading: Bitcoin To Outshine Gold By 400% By 2025, Veteran Analyst Predicts However, the token\u2019s high correlation with Bitcoin and, by extension, the entire market will prove to be beneficial for the bulls in the coming days. With Bitcoin breaking the $60k barrier, we might see Aptos follow the same price movement if the market environment strengthens investor confidence.\u00a0 Featured image from Medium, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":644339,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,87237,85692,1558],"class_list":["post-644330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-apt","tag-aptos","tag-cryptocurrency"],"acf":[],"yoast_head":"\nAptos: Engagement, Active Accounts Growth Fuel 36% APT Rally<\/title>\n<meta name=\"description\" content=\"Aptos rides the bullish wave that swept over the market. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Aptos: Engagement, Active Accounts Growth Fuel 36% APT Rally","url":"http:\/\/uniquehot.com\/news\/aptos-engagement-active-accounts-growth-fuel-36-apt-rally\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/aptos-engagement-active-accounts-growth-fuel-36-apt-rally\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/a_60297d.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/a_60297d.png?fit=1400%2C767"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","apt","aptos","cryptocurrency"],"dateCreated":"2024-09-24T08:00:12Z","datePublished":"2024-09-24T08:00:12Z","dateModified":"2024-09-24T14:36:54Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Aptos: Engagement, Active Accounts Growth Fuel 36% APT Rally\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/aptos-engagement-active-accounts-growth-fuel-36-apt-rally\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/aptos-engagement-active-accounts-growth-fuel-36-apt-rally\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/a_60297d.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/a_60297d.png?fit=1400%2C767\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"apt\",\"aptos\",\"cryptocurrency\"],\"dateCreated\":\"2024-09-24T08:00:12Z\",\"datePublished\":\"2024-09-24T08:00:12Z\",\"dateModified\":\"2024-09-24T14:36:54Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/a_60297d.png?fit=1400%2C767","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/644330"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=644330"}],"version-history":[{"count":4,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/644330\/revisions"}],"predecessor-version":[{"id":644357,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/644330\/revisions\/644357"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/644339"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=644330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=644330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=644330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}