Aptos gains 10% as bridged TVL triples and APT targets $1

  • Aptos rose as network activity and market participation strengthened.
  • Bridged TVL climbed from $550 million to about $1.89 billion in two weeks.
  • APT broke above its June-to-mid-September broadening wedge after retesting $0.70.

Aptos rose 10% over 24 hours and more than 55% in seven days as the broader crypto market recovered and sentiment shifted toward greed. The move was supported by a sharp rebound in bridged TVL (assets transferred from other networks), rising transactions and increased token volume. Bridged TVL climbed from $550 million after a September 6 decline to about $1.89 billion in roughly two weeks, while daily transactions reached between 10 million and 15 million. Daily token volume increased from about $42.76 million to more than $150 million, reaching a monthly high of $267 million on September 19. CryptoQuant data showed elevated activity in both futures and spot markets, with Spot Taker CVD (net aggressive buying pressure) dominated by buyers. Aptos stablecoin holders exceeded 1.50 million, including about 1 million USDT holders and the remainder holding USDC. Technically, APT broke above a broadening wedge pattern that had persisted from June to mid-September after a retest at $0.70. The setup places $1 as the next supply zone and $1.20 as a potential target if that level becomes support, while losses of prior demand could send APT back toward $0.70 or $0.55. Rising MACD bars support bullish momentum, but an overbought Stochastic RSI and crossing signal lines indicate that a correction may be approaching.

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Aptos gains 10% as bridged TVL triples and APT targets $1 - CoinPost Terminal