Aptos Climbs 75% – What Keeps APT Green in Last 7 Days

Aptos has moved upward through internal development in the ecosystem. According to Coin GeckoAPT is up 75% in a two-week time frame, making its biggest gains this January.

Aptos Ecosystem Maint was only released on October 12, 2022, making it one of the youngest blockchains on the market. But that didn’t stop Aptos as it quickly gained popularity, with more than 70 projects being built or in development.

With the recent developments, the APT token is expected to be listed at a higher level this year.

Positive developments for Aptos

On-chain developments have been very rapid for the ecosystem. On January 2, Meta pixels The team announced That they are building a blockchain game on the Aptos network. It’s called Gran Saga: Unlimited, an MMORPG that will be based on NPixel’s original game of the same name.

The test launch will take place in the first quarter of this year with the full launch later this year. Polygons And Flow Blockchain Also embrace ecosystem research on consensus algorithms and parallel engines, both key components of Aptos’ Block STM technology.

This development could shed more light on the Aptos technology and it would be an interesting development if Polygon and Flow both use the technology as well.

Moralis, a Web3 API company, also recently announced that it will support Aptos. Blog post via the network on January 17.

Image: Aptosfoundation.org

APT at $13.70 – What’s Next for the Token?

Since the beginning of the year, APT has increased by more than 300 percent. Charts In which there may or may not be a correction in the next few days. If a correction ever occurs, APT investors and traders can rely on several key levels for a bullish recovery.

But a corrective phase near its current support at $11.82 may not be ideal for bears. Recent on-chain developments and APT’s correlation with major cryptocurrencies have prevented any attempts to retest bearish support and regain lost ground.

Crypto total market cap at $995 billion on the daily chart | Chart: TradingView.com

With both Bitcoin And Ethereum Continuing its bullish trend, APT investors and traders will benefit greatly as a gain for BTC and ETH also means a gain for APT.

For now, investors and traders can be confident of reaching new highs as the broader crypto market looks up to 2023. However, if the token finds itself in a correction phase, APT bulls may have to focus on consolidation for a healthy bullish run. .

Featured image of NFT News Pro

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