Ah, dear readers, how delightful it is when a token manages to catch the attention of both analysts and traders alike! Aptos (APT) finds itself perched near $4.6 with a most impressive daily volume of about $815 million. The token has gained over 8% in the last 24 hours, and nearly 7% over the week-surely, a cause for celebration (or perhaps a small glass of wine, if you’re so inclined). 🍷
The USD1 Stablecoin: Will Aptos Be the Star of the Show? 🤔
The much-anticipated announcement from the Aptos Foundation has arrived! The World Liberty Financial’s USD1 stablecoin is set to grace the platform on October 6. The token will make its debut as the first Move-based blockchain to support USD1-a design, mind you, that stems from Meta’s *wildly* ambitious Libra project (we all remember that, don’t we?).
One can hardly wait to see USD1 embraced across various Aptos DeFi protocols such as Echelon, Hyperion, Thala, and Tapp. And naturally, wallets and exchanges like Petra, Backpack, OKX, OneKey, Bitget Wallet, Nightly, and Gate Wallet will be there to ensure a seamless experience. It’s as if the heavens themselves are aligning for Aptos’ grand moment. 🌟
Breaking Resistance: A Dream or Reality? 🧐
Analyst Lennaert Snyder, always the optimistic one, has noted that APT is now testing the $4.7 resistance level. Ah, the very level that has long held its downward journey at bay. According to our dear Snyder, if APT breaks through this level, we may indeed witness the “reversal” of its extensive downtrend. Fancy that-$6.77 could be within reach, with a series of take-profit levels scattered along the way like breadcrumbs for eager traders. 🍞💰
$APT is pumping to key $4.70 resistance as mentioned a couple of days ago.
If we break that, we confirm the reversal on a very long downtrend.
Testing $6.77 resistance is a realistic target with multiple TP’s in between.
Close eye on @Aptos.
– Lennaert Snyder (@LennaertSnyder) October 1, 2025
And then, we have Captain Faibik, ever the chart enthusiast, who notes that APT is still nestled within a *falling wedge* formation. Yes, you read that correctly-bullish, not bearish. As Faibik suggests, “A massive bullish rally” is on the horizon, though patience is still required. Oh, but what’s a little more waiting when a potential rally toward $9.7-$10 looms on the horizon? 🏰
Support, for those curious, remains firmly planted near the $3.9-$4 range. You know, just in case you were worried. 🙄
On-Chain Metrics: Are People Actually Using Aptos? 🤷♀️
Data from Artemis reveals that daily active addresses on Aptos have been quite active, ranging between 700,000 to 1.2 million. And when price strength enters the picture, the activity soars! It would seem that user and token price activity are linked in a most favorable way. Oh, what a tangled web we weave, dear Aptos. 🌐
In a similar vein, DefiLlama tells us that Aptos’ total value locked (TVL) stood at a respectable $739 million, with decentralized exchange trading volume above $170 million as of October 1. While these numbers may not be as grand as those from mid-2025, they are still far above the all-time lows of 2023. And surely, that counts for something? 📊
As APT tests the $4.7 resistance, it’s clear that a significant shift in on-chain activity, coupled with the upcoming USD1 launch, could signal the end of its long-term downtrend. A breakout in favor of APT could very well lead us to the promised land of $6.77-and beyond. 🌈
Read More
- Gold Rate Forecast
- Brent Oil Forecast
- 12 Saddest Backstories in My Hero Academia, Ranked
- Jujutsu Kaisen: Gege Confirms Yuji Itadori’s New Role in JJK Modulo
- Dead Cells, Rogue Legacy 2, And Other Roguevanias To Best Understand The Genre
- EUR ZAR PREDICTION
- One Piece: 8 Swordsmen Better Than Roronoa Zoro
- Sonic Rumble Speeds Onto PC and Mobile in Early November
- Top 8 UFC 5 Perks Every Fighter Should Use
- When is The Outer Worlds 2 Review Embargo Date?
2025-10-01 20:26