The Aptos (APT) layer-1 blockchain has once again crossed the significant psychological barrier of $5 for the second time this June, revitalizing bullish sentiment as developments surrounding exchange-traded funds (ETFs) gather pace.
After a steep decline from $8 in February, APT has been trading within a range of $4.19 to $6.08, establishing double bottom patterns in April and again on June 22—technical indicators that suggest a potential breakout could be on the horizon.
Source: Finance Newso
As of the latest updates, APT is priced at $4.99, reflecting a daily increase of 7% after reaching a session high of $5.297, following a low of $4.68 earlier in the day.
This increase has allowed the layer-1 blockchain to surpass the $3 billion market capitalization mark, alongside a significant 75.59% rise in trading volume that has generated over $447 million in APT exchanges in the past 24 hours.
Bitwise Files for First-Ever Aptos ETF—Wall Street Coming?
The recent upward momentum coincides with a key regulatory announcement made on June 26, when the U.S. Securities and Exchange Commission (SEC) provided updates indicating a potential launch of an Aptos ETF, based on Bitwise Investment’s amended S-1 filing to list such an offering.
Bloomberg analyst Eric Balchunas noted that a significant improvement in the amendment is the inclusion of “in-kind” creation and redemption mechanisms, which were not part of the original filing made in March.
One HUGE update to the filing is ‘in-kind’ creations and redemptions. That was nonexistent in initial filing in Jan. Near-lock at this point that in kind will be allowed in spot ETFs across board. pic.twitter.com/Zzv3ve8l41
— Eric Balchunas (@EricBalchunas) June 26, 2025
In addition to ETF developments, the Aptos ecosystem has seen significant growth with the launch of Shelby, a decentralized storage protocol that has bolstered the network’s adoption. Shelby has enhanced Aptos’s Real World Asset (RWA) capabilities, establishing it as a cloud-grade, Web3-native storage solution rivaling established platforms like Arweave and Filecoin.
The Aptos blockchain has now achieved over $540 million in on-chain RWAs, securing a place among the top three blockchains for real-world asset tokenization.
BREAKING:
→ Aptos breaks +540M in RWAs on-chain
→ Aptos enters the Top 3 chains in RWAs
Shelby, Aave, Bitwise, WYST—nonstop momentum.
We told you… Real World Aptos. pic.twitter.com/onBcgkBItC
— Aptos (@Aptos) June 27, 2025
According to data from DefiLlama, Aptos has also surpassed the $1 billion milestone in total value locked (TVL) for on-chain assets, positioning it in competition with well-established networks such as Avalanche, Sui, and Hyperliquid, which form part of the exclusive $1 billion TVL club.
Source: DefiLlama
$1 Billion Milestone: Aptos Layer-1 Blockchain Crushes TON, Cardano in Stablecoin Race
Aptos has emerged as the top-rated blockchain for stablecoin integration, reflected in considerable growth in stablecoin issuance across its network.
The circulation of stablecoins on Aptos has exceeded the $1 billion mark, surpassing its competitors by at least $500 million, including TON, Cardano, and Sei blockchain.
Source: DefiLlama
Seasoned cryptocurrency traders are predicting substantial price growth for APT due to the convergence of growth drivers and favorable technical analyses.
First1Bitcoin, a Bitcoin investor with a history dating back to 2015, noted that Aptos is exhibiting strong reversal signals following a prolonged downtrend.
$APT is showing signs of a strong reversal after a prolonged downtrend.
Price bounced perfectly from the key demand zone near $5 and is now aiming for higher resistance levels at $8 and $10.
If momentum holds, $APT could surprise.
What’s your next move? pic.twitter.com/kYdUTcUtuy
— First1Bitcoin (@First1Bitcoin) June 27, 2025
After seeing a price recovery from the critical demand zone around $5, he identifies $8 and $10 as the next logical price targets.
Another market analyst highlighted that Aptos has bounced off long-term support levels while successfully positioning itself above the 50-day exponential moving average, forecasting a potential price increase of 100-200% from current levels.
Falling Wedge Breakout Targets 65% Surge to $8 Level
The daily chart for APT/USDT exhibits a bullish breakout from a lengthy falling wedge pattern, a classic reversal formation.
After several months defined by declining highs and lows, the price action has conclusively closed above the upper trendline, suggesting a possible trend reversal.
Source: TradingView
This breakout pattern indicates an upside target of around 65.19%, suggesting a rise to the $8 mark based on the height of the wedge formation.
The technical framework indicates that sustained trading above the previous wedge resistance (now acting as support) could lead to further price increases in the short to medium term.
The weekly timeframe for APT/USDT displays a robust multi-touch support zone in the $4.00-$4.20 range, which has facilitated several bullish rebounds since late 2022.
Price is currently recovering from this critical zone, having formed a potential double bottom pattern that signals renewed bullish interest if the level is retained.
Source: TradingView
The technical structure recommends that a sustained close above this support would trigger a fresh upward cycle, initially targeting the $10.52 level, followed by intermediate resistance points at $15.26 and $19.43.
The optimistic outlook is contingent on APT maintaining its trading above the vital demand zone; a drop below this level would invalidate the bullish setup and shift market sentiment negatively.
