[3 reasons why Aptos is in the spotlight today]
Billions of dollars have been wiped out of the crypto market over the past few days, but Aptos (APT) has bucked the trend. Aptos surged 12.5% in the past 24 hours to hit $8.93, successfully recouping a week's losses.
Aptos' rebound came largely from a surge in trading volume. Trading volume increased 62% to $550 million, making it the market’s 17th largest traded asset, according to CoinMarketCap. Additionally, Aptos peaked at 1,051 transactions per second on October 3, according to AptoScan data, showing heightened network activity.
Aptos has gained 17.5% in the past month, attracting the attention of investors who expect that growth to continue.
In addition to Aptos, other cryptocurrencies such as Dogecoin (DOGE), XRP and Solana (SOL) are also gradually rebounding despite warnings of bear market risks.
