$APT ran 11.7 million transactions in a single day and the coin still trades at $0.5455.
that's the number that matters this week for me. not the price, the usage. a chain pushing that kind of volume while parked at rank 87 is a gap that usually closes one way, and it isn't down.
Decibel, an Aptos dex, just went live with spot trading next to its perps market. that's more order flow staying on the chain instead of leaving for other venues. Circle also switched on CCTP V2 here, so native USDC moves across in seconds now, and that's the plumbing that stops stablecoin liquidity from routing around Aptos entirely.
up 15.02% on the week tells me the market already started noticing. i don't think that move is finished.
right now $APT trades at $0.545, with the 24h range running from $0.531 up to $0.547. if it holds $0.531, i think this grinds back through $0.547 and keeps climbing while the transaction counts stay this high. if it loses $0.531, i'm wrong on this and there's nothing to defend, and anyone long from here is looking at a slide well under that low with no floor to lean on.
so: $APT holding $0.531 or losing it?
that's the number that matters this week for me. not the price, the usage. a chain pushing that kind of volume while parked at rank 87 is a gap that usually closes one way, and it isn't down.
Decibel, an Aptos dex, just went live with spot trading next to its perps market. that's more order flow staying on the chain instead of leaving for other venues. Circle also switched on CCTP V2 here, so native USDC moves across in seconds now, and that's the plumbing that stops stablecoin liquidity from routing around Aptos entirely.
up 15.02% on the week tells me the market already started noticing. i don't think that move is finished.
right now $APT trades at $0.545, with the 24h range running from $0.531 up to $0.547. if it holds $0.531, i think this grinds back through $0.547 and keeps climbing while the transaction counts stay this high. if it loses $0.531, i'm wrong on this and there's nothing to defend, and anyone long from here is looking at a slide well under that low with no floor to lean on.
so: $APT holding $0.531 or losing it?
