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Aptos has surged 4.02% with a high trading volume as the network’s stablecoin supply hits $1 billion.
Aptos, a layer 1 proof-of-stake (PoS) blockchain using smart contracts to boost web3 adoption, has seen its token APT surge 4.02% in the past 24 hours. APT has been trading inside a falling wedge pattern on the daily chart in Q1, 2025, and has broken out with a 25% surge in trading volume.
Aptos was consolidating at around $5.11 as of this writing, per CoinMarketCap. Technical analysis suggests $6 as APT’s mid-term target while eyeing $9.7 following this breakout. According to Crypto King25, the total supply of natively minted USDC and USDC on the network has hit $1 billion.
Following a breakout and high stablecoin supply on the network, Aptos could be poised for an uptrend in the following weeks. Traders a closely watching APT’s next move following this breakout.
