APT surged 18% in 24 hours thanks to a surge in trading activity on the Aptos system following network upgrades, but the long-term structure remains "bearish" even as the price heads towards the $1.40–$1.50 range.
The cryptocurrency market's recovery has fueled APT surge, as changes such as adjustments to Staking rewards, Gas Price , and processing speed optimization have increased the adoption of the Aptos blockchain. The key question is whether APT has the momentum to expand by another 37% in the short term.
- APT leads the top 100 by market Capital with an 18% increase in 24 hours, while the overall market is up around 4%.
- Short-term technical setups are improving, targeting the upward trend of $1.40–$1.50, but the larger timeframe remains within a downtrend channel.
- The Decibel upgrade and Decibel Trade operations boosted trading, while TVL, according to defillama, stood at $44 million.
APT breaks through and targets the $1.50 region.
On the 6-hour chart, APT broke out of the ascending triangle pattern and moved above the Ichimoku Cloud, suggesting a short-term bullish structure with a technical target zone around $1.40–$1.50.
Price movements show APT regaining the $1 mark, with the upward movement starting around $0.90. According to the Volume Profile in the original text, liquidation is strongly concentrated at $0.90 and $1, implying these are areas with high trading activity and could act as important support/resistance levels.
If measured according to the "37% move" expectation mentioned, this range could push the price above $1.40. In practice, the $1.40 area is often a crucial testing point because it is both a psychological threshold after breaking above $1 and coincides with the midline of some bearish structures observed in the larger timeframe discussed in this article.
However, on the 3-day chart, APT remains within a large descending trend channel. The “mid-level” of the channel is described at approximately $1.40–$1.50, so although the short-term target coincides with this area, the price may encounter significant selling pressure when entering the region.
A positive sign is that APT has held the strong support zone of $0.80–$0.90, which also coincides with the support of the descending channel. This indicates that momentum for a reversal is accumulating, but the cautious conclusion is: the short-term trend is Bull, while the larger timeframe remains technically bearish.
The impetus for structural change stems from upgrades and on-chain operations.
The upgrades to Aptos and the surge in trading following the Decibel are the main catalysts for APT's short-term outlook, although the previous upward momentum had cooled after the rally earlier in the year.
The original text states that after the Decibel upgrade earlier this year, APT surged before cooling down. Recently, the community has further approved proposals to reduce Staking rewards to 2.6% from 5.19% and increase Gas Price tenfold. As described in the article, these updates help reduce block creation time, thereby speeding up transactions.
At the application level, the "on-chain trading engine" Decibel Trade has surpassed $1 billion in cumulative volume within just one month of its launch. This signals increasing demand and activity, which could support the ecosystem's growth story in the short term.
Regarding DeFi, according to defillama , as quoted in the original content, the Total Value Locked (TVL) stands at $44 million, described as decreasing but remaining stable. A lower TVL compared to many large chains may reflect the limited "stickiness" of DeFi Capital , even as volume on a particular product explodes.
The article also mentions revenue "standing at 4.35" at the time of recording, but does not specify the unit or time period, so further inferences cannot be made. Nevertheless, the "upward" trend suggests that fee-generating activities are showing signs of improvement in line with the increase in transactions.
The interest from the organization and RWA strengthens the Aptos system narrative.
Aptos is mentioned in programs and Use Case related to institutional growth and real asset value (RWA) growth, contributing to broadening the narrative beyond pure trading.
In the original text, Decibel's Foundation Manager explained why Aptos can operate a "global trading engine." While the article doesn't quote the argument verbatim, the emphasis on trading infrastructure suggests the focus is on performance and order execution experience.
In the institutional sector, Mastercard's Crypto Partner Program includes Aptos along with several other chains. The article also notes that APT is recording RWA growth for Ondo Finance (ONDO), indicating that Aptos is being used in asset-backed products.
For traders, it's important to distinguish between "ecosystem good news" and "technical structure." Based on the original text, APT may continue to benefit short-term from on-chain activity, but still needs to break above the $1.40–$1.50 range to change its technical status on the larger timeframe.
Frequently Asked Questions
Why has APT increased sharply in the last 24 hours?
According to the original content, APT increased by 18% in 24 hours as the cryptocurrency market recovered and activity on Aptos increased after upgrades, especially the effect from Decibel and the increased trading volume on Decibel Trade.
Where does APT 's $1.50 price target come from?
The 6-hour chart shows APT breaking out of the ascending triangle pattern and sitting above the Ichimoku Cloud, while the $1.40–$1.50 region also coincides with the “mid-level” of the descending channel on the 3-day timeframe, thus being XEM a key target/resistance zone.
Has APT broken out of its long-term downtrend yet?
No. The original text emphasizes that APT is still trading within a large descending trend channel on the 3-day timeframe. Although short-term signals have turned positive and the price is holding the support zone of $0.80–$0.90, the larger timeframe structure remains "bearish".
What does Decibel Trade mean for the Aptos system?
Decibel Trade has been described as a driving force behind trading activity, with cumulative volume exceeding $1 billion in just one month after its launch. This indicates a significant short-term increase in demand for the Aptos app.
What is Aptos ' current TVL (TVL) level and what does that indicate?
According to defillama in the original content, Aptos ' TVL is at $44 million, decreasing but remaining stable. This suggests that the overall DeFi Capital flow has not yet exploded in proportion to the volume of some applications, so further monitoring of the sustainability of growth is needed.
