The post Here’s why Aptos price may jump 85% as active addresses soar appeared on BitcoinEthereumNews.com.

Aptos price has remained under pressure this year even as the network experienced strong on-chain metrics.  Aptos (APT) retreated to $8.35 on Sunday, its lowest level since Nov. 5 last year. It has crashed by about 45% from its highest level in November.  Aptos has strong on-chain metrics Third-party data shows that Aptos is doing well as its ecosystem continues growing. According to Nansen, the number of active addresses on Aptos has continued growing in the past few months. It has over 1.2 million active addresses, up from less than 100,000 in August last year.  Aptos active addresses | Source: Nansen More data shows that the number of transactions in Aptos has continued rising this year. Its 30-day transactions jumped by over 30% to 156 million. Meanwhile, the total value in its ecosystem has continued rising. According to DeFi Llama, the network has a total value locked of over $1.05 billion. Aries Markets, Echo Protocol, Amnis Finance, and Thala are the biggest players in its ecosystem.  13/ TL;DR Aptos DeFi is built for speed, efficiency, and accessibility. From high-leverage trading to innovative credit systems, the possibilities to participate in diverse yield opportunities on Aptos are endless. What are you waiting for, anon? — Aptos (@Aptos) January 26, 2025 Sui also has over $792 million in stablecoins, higher than Sui’s (SUI) $465 million. Stablecoins like Tether and USD Coin are widely used in the DeFi, NFT, and gaming industries.  Top Aptos networks are also seeing higher volume in the decentralized exchange industry. The volume in the last seven days jumped to $133 million, with Thala, LiquidSwap, and Cellana Finance being the biggest players in the ecosystem. Aptos price technical analysis APT price chart | Source: crypto.news The APT token peaked at $15.40 on Dec. 7, and has now crashed to about…

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Filed under: News - @ January 26, 2025 5:18 pm