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- Aptos (APT) rose 10% after announcing a WLFI stablecoin partnership.
- Technical indicators show bullish momentum with $8 as a potential target.
- Success of USD1 integration will determine if Aptos sustains its rally.
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Aptos (APT), the native token of the layer-1 blockchain, surged by 10% in the past 24 hours following its partnership with World Liberty Financial (WLFI) to integrate the stablecoin USD1. The news has sparked fresh optimism in the market, driving both price and trading activity higher.
Partnership Sparks Market Optimism
On October 1, Aptos announced via its official X account that USD1 would launch on the Aptos blockchain by October 6, with support from multiple DeFi protocols on day one. The integration aims to boost liquidity across the Aptos ecosystem and expand its role in the stablecoin market.
Investors quickly responded. APT, which had dropped to $3.92 last week, rebounded to $4.86 at press time. The move coincided with strong technical signals, including a breakout from a symmetrical triangle and bullish momentum on the Awesome Oscillator (AO).
Technical Indicators Turn Bullish
Trading volume spiked above $540 million, reflecting rising investor interest. Analysts suggest that if momentum continues, APT could retest the $5.14 resistance level and possibly break higher.
On the daily chart, Aptos has exited a long-term downtrend, with the Bull Bear Power (BBP) showing positive momentum for the first time in weeks. This shift suggests that buying pressure is building, reducing the likelihood of a near-term correction.
Can Aptos Hit $8 Next?
If USD1 adoption proves strong, APT could push beyond $6.57 and aim for $8.25 at the 0.618 Fibonacci level. A further rally above $9.61 remains possible if stablecoin inflows accelerate.
However, if adoption falls short, selling pressure could return, dragging APT back toward $3.91. For now, market sentiment remains cautiously bullish, with Aptos’s latest partnership breathing new life into the project.
Aptos’s price surge highlights the growing importance of stablecoin integrations in driving blockchain adoption. With USD1 set to go live, APT faces a critical test that could determine whether this rally extends toward new highs—or fades back into consolidation.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Aptos $50M Token Unlock Fails to Move Price as Market Demand Weakens
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