Aptos is one of the chains that has seen its fortune change the most in 2024 as it has made the best of the bull market. Just as L1 tokens and platforms were slowing down, Aptos managed to draw in all the elements it needed to become a growth leader.
Digital assets traded upward today as altcoins recovered from last week's double-digit declines on BTC's latest uptick past $98K. Meanwhile, Aptos (APT) remains in the woods after gaining over 5% over the past day. Ecosystem developments signal impending dips for APT from current levels.
Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.
On December 6, Aptos (APT) boasted a market cap of nearly $8.25 billion. However, as of now, the market cap has plunged to $6.36 billion, shedding almost $2 billion in just five days.
Aptos Foundation is opening a regional office in Abu Dhabi in a bid to foster partnerships and support projects focused on the Aptos ecosystem.
Palo Alto, United States, 11th December 2024, Chainwire
Bitcoin is again outperforming, sliding just 3% back to $95,000.
The layer-1 blockchain, a descendant of Facebook's Libra/Diem project, attracted the likes of Stripe, Franklin Templeton and Blackrock in 2024.
The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.
Aptos (APT) has been gaining significant attention in the crypto world, with its recent surge past the $14 mark igniting discussions about the potential for further growth. Traders and analysts are now closely watching whether Aptos can continue its upward momentum and reach the $20 mark before the end of 2024.
Aptos added to its TVL over the past few months, but its development activity dropped.
Aptos surges past $14, with analysts eyeing $20 amid bullish momentum and key support holds.
Bitcoin and crypto are still generally on the up. However, some cryptocurrencies are showing indications that they are perhaps reaching a top.
Solana has become the top blockchain largely due to the success of the Raydium Protocol, which leads the decentralized finance (DeFi) space on Solana. Recent reports show that Solana has around 139.3 million active addresses and 5.9 million daily active users, indicating strong user engagement and growth.
Aptos wants to address the scalability limitations of other blockchains, co-founder and chief technology officer Avery Ching said at India Blockchain Week 2024.
Bitcoin (BTC) is back above $96,000 after suffering a slight pullback which dragged the price to a low of $93,645 late on Tuesday. The cryptocurrency is marginally up over the past 24 hours and is trading around the $96,500 mark, consolidating between $94,000 and $98,000.
Aptos co-founder Avery Ching said at the India Blockchain Week that controlling which content can be trained on by AI is something blockchain can help with.
The Aptos Network is starting December on a high note, showcasing remarkable network activity and growth. As most top blockchains experienced a slowdown at the end of November, Aptos maintained its upward trajectory, breaking multiple records.
Most on-chain activity is inefficient, with networks spending more for incentives than they receive in fees. Aptos, an early-stage L1 network, is the most inefficient, though it managed to grow its user base in 2024.
A recap of Aptos network's latest noteworthy growth, as well as evaluating APT's potential as December commences.
Token unlocks may heighten market volatility, impacting investor sentiment and potentially influencing long-term crypto market dynamics. The post Cardano, Jito, and Aptos set for $700M token unlock this month appeared first on Crypto Briefing.
Historically, December has been a strong month for the crypto market, and December 2024 could follow that trend, particularly for altcoins. BeInCrypto has identified key altcoins to watch as the year comes to a close.
Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.
Echelon, a decentralized lending protocol on Aptos, has launched Echelon Chain, a debt-driven Move appchain. The appchain, built on Initia's Interwoven Stack, leverages Celestia's modular blockchain technology, the Echelon team announced on Nov. 28.
Aptos holds key support at $10.70, with technicals and on-chain data signaling a rally to $17.
Aptos (APT) is emerging as one of the most promising blockchain projects, especially in the realm of AI and decentralized finance (DeFi). As the cryptocurrency market continues to evolve, Aptos stands out with its innovative approach, robust funding, and an enthusiastic community of developers and investors.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Michael Sonnenshein and Kevin Weil will help bolster Aptos's growth in artificial intelligence, institutional adoption and other endeavors.
Michael Sonnenshein, the former CEO of Grayscale Investments, has joined Aptos Labs as an adviser alongside OpenAI's chief product officer, Kevin Weil. Aptos Labs said it will harness Sonnenshein's knowledge to bring more traditional financial institutions to the network.
APT is positioned for a significant breakout, with forecasts pointing to a 67% rally that could push its price to $24.
Circle's USDC and CCTP integration with Aptos enhances blockchain interoperability, bridging TradFi and DeFi worlds.
Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe's payment services and the stablecoin USDC. Stripe's payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project.
A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a double-digit breakout.
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Circle has announced the upcoming launch of its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on the Aptos blockchain. This move marks a new phase in Aptos' evolution as a scalable layer-1 blockchain designed for diverse Web3 applications.
The Aptos Foundation announced a new partnership with Circle and Stripe, hoping to revolutionize its network functionality. Circle's CCTP and USDC stablecoin will enhance blockchain interoperability, while Stripe will attract TradFi by simplifying fiat interactions.
TL;DR Aptos integrates native USDC and Circle's CCTP protocol, improving interoperability and security in transactions across eight major blockchains. The native version of USDC replaces the bridged USDC, simplifying settlement and increasing transaction security. Stripe will offer fiat-to-USDC conversion services, connecting traditional finance with Aptos' blockchain ecosystem.
Circle will integrate native USDC and the Cross-Chain Transmission Protocol (CCTP) on the Aptos blockchain.
Aptos integrates Stripe crypto payments and Circles USDC, enhancing cross-chain DeFi solutions and fiat on-ramps for global transactions. The post Stripe and Circle's USDC integrate into Aptos ecosystem appeared first on Crypto Briefing.
The integrations aim to boost global payments and decentralized finance on the Aptos network.
Aptos Foundation announced that Circle's USDC stablecoin and Cross-Chain Transfer Protocol will launch on the Aptos blockchain.
Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.
Sui Network (SUI) has recently demonstrated impressive growth in its decentralized exchange (DEX) trading volume, surpassing Aptos (APT) by a significant margin. SUI's trading volume reached $28 billion, three times that of Aptos, which recorded $9.4 billion.
Aptos (APT) recently hit a 7-month high before facing a near-term downturn.
Yesterday, the world's largest asset manager, Blackrock, disclosed that it had expanded its tokenized money fund to other blockchains, including Move-programmed Apots (APT). This development sparked speculation that the Aptos token price could gain from it.
SUI and APT surged, but SUI may outpace APT in gains because of strong market metrics.
BlackRock announced on Wednesday that it is expanding its tokenized liquidity fund, the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), to operate on multiple blockchain platforms.