Validator Hotfix and Activity Lift APT
Aptos (APT) is having a stellar day, pushing up 9.5% to hit $0.8391 and landing firmly on the Rapid Riser lists. This aggressive move comes on the back of a recent breakout from a multi-month accumulation wedge. The momentum isn't purely technical, either, rising network activity and a recent validator-node hotfix have helped lift the price and drive fresh capital inflows into the ecosystem. With the price now sitting confidently above its key moving averages, the upside momentum is looking incredibly strong. If APT can hold this new floor, it looks like the Layer-1 rotation thesis is officially playing out. $APT
Not financial advice. DYOR and trade at your own risk.
Aptos (APT) is having a stellar day, pushing up 9.5% to hit $0.8391 and landing firmly on the Rapid Riser lists. This aggressive move comes on the back of a recent breakout from a multi-month accumulation wedge. The momentum isn't purely technical, either, rising network activity and a recent validator-node hotfix have helped lift the price and drive fresh capital inflows into the ecosystem. With the price now sitting confidently above its key moving averages, the upside momentum is looking incredibly strong. If APT can hold this new floor, it looks like the Layer-1 rotation thesis is officially playing out. $APT
Not financial advice. DYOR and trade at your own risk.