Aptos crypto has been demonstrating robust network activity and this could potentially boost APT’s performance in 2025.
The network just achieved new major milestones that underscore its performance.
Aptos achieved impassive growth in total value locked in 2024. It appears to be carrying on the same momentum this year because TVL just clocked a new ATH at 125.38 million APT on Tuesday.
Aptos crypto TVL and stablecoin marketcap / source: DeFiLama
The fact that Aptos crypto holders have been locking more of their coins demonstrates confidence in the network. It also reveals the state of value flowing into the ecosystem.
This also means liquidity is necessary to facilitate the flow of that value. Interestingly, Aptos stablecoin marketcap has achieved an even more impressive performance.
It hovered at $657.98 million at the time of observation after soaring to a new high last week.
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These observations underscore the state of the network which has been characterized by robust activity.
Recent data revealed that Aptos facilitated the transfer of more than $2 billion natively in its network in the last 30 days.
Source: X
Aptos Crypto Demand Makes Comeback After 4-month Support Retest
Aptos crypto TVL growth suggests that the cryptocurrency has been experiencing a demand resurgence despite APT price dip.
However, the cryptocurrency is currently could be on the verge of another rally following its latest support encounter.
APT showed signs of demand resurgence after tanking by over 25% last week.
Price found support just below the $8 price tag and has since then rallied to a $9.23 press time price level.
APT price action / source: TradingView
APT has been in a consolidation phase for the last 4 weeks including the first week during which there was a botched bullish rally.
Its RSI indicate that it has been building up bullish momentum which is bound to explode soon given its performance ballooning network activity.
In other word, Aptos crypto is signaling that it is ready to swing back up after the wave of sell pressure that it experienced in December. But just how much demand is APT enjoying this week?
The State of Demand as Price Shows Signs of Accumulation
APT open interest recently dipped lower than it was at the start of January as trading activity continued to cool off.
It dropped as low as $213.33 million on 14 January but has since shown signs of a pivot, with open interest bouncing back by 8.99% in the last 24 hours.
On-chain volume has been declining over the last 3 weeks too. For context, volume dropped as low as $182.31 million on 13 January.
This was the lowest daily volume figure recorded since the third week of September 2024.
APT volume / source: Coinglass
There was a massive spike in volume on 14 January during which it soared as high as $469.27 million. This was a day after price entered the 4-month support range.
This spike in volume aligned with positive liquidity flow and funding rates observed in the last 2 days.
A clear sign indicating that a substantial accumulation took place. More upside could be on the cards if Aptos crypto can drum up more demand in the coming days.
