Aptos (APT) Surges 9% as Official Digital Wallet for Expo 2025
Aptos (APT) Overview
- Aptos has increased over 9% in the last 24 hours, driven by its role as the official digital wallet provider for Expo 2025 in Osaka, Japan.
- The blockchain processed over 558,000 transactions and added 133,000 new accounts since January.
- APT reached a daily high of $5.39, with trading volume increasing by almost 50%. It remains 72.95% below its all-time high but has risen 17% in the past week.
- The 20-day Exponential Moving Average (EMA) is at $4.90, indicating potential retesting in the coming days.
- Speculation exists around APT potentially reaching $10 due to new partnerships and institutional features.
Expo 2025 Integration
- The Expo 2025 Digital Wallet fully migrated to Aptos, offering payment capabilities, rewards, and collectible NFTs.
- 28 million visitors are expected between April and October 2025, showcasing Aptos's Web3 capabilities with significant initial user engagement.
Price Analysis
- Aptos is reclaiming key Fibonacci levels, breaking above the 0.618 level at $5.31, which now serves as support.
- Next resistance may be at $5.53, with upward targets of $5.81 and $6.63 possible if momentum continues.
- The MACD indicator shows bullish momentum, while the RSI at 58.20 indicates room for further upside.