Aptos price prediction indicates that APT could cross $20 by the end of 2024 and cross $100 by the end of 2030.
What is Aptos (APT)?
Aptos is a layer-1 blockchain focused on scalability. Unlike bulky and slow proof-of-work blockchains, it uses proof of stake to secure its chain and keep it light. At present, Aptos can process roughly 160k transactions per second. Users on the platform use it mainly to build dapps that solve real-world problems with the use of blockchain technology.
Fundamentals
Aptos is one of the highly scalable chains with the fastest TPS rates across the board. Such chains have a wide range of applications, specifically in areas where the demand for high network throughput is felt, such as metaverses, supply chain management, trading platforms, retail transactions, cashback platforms, and many more.
We feel APT is one of the few cryptocurrencies that can survive even the worst of market crashes due to its intrinsic value, which, despite several price crashes, has risen back to $10+ levels twice since its launch.
Further, as crypto is seen being adopted more by large institutions, it might be one of the top Layer-1s in the long term.
Technical Analysis
We have used daily charts for APT because the crypto was recently launched (2022) and has little price history.
A look at the APT/USD technical charts reveals that the crypto is seeing the formation of a long-term rounding bottom pattern, which is an extremely bullish recovery sign. The pattern is expected to be completed in a two-week timeframe, and when it does, it could take APT to $20 levels from the current price zone.
Further, both technical indicators, MACD and RSI, have been indicating a period of high growth in the near term. MACD is under a positive crossover, and RSI has corrected from upper levels but has support around 60, which is still bullish.
Aptos Price Prediction
We expect APT to cross $20 in the short term and $100 by 2030 in the long term.
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APT Price Prediction 2024
APT could easily cross $20 as soon as the crypto markets are in full swing, and both momentum indicators are positive for APT.
Aptos Price Prediction 2025
By the year 2025, we assume APT could cross $35, or if the markets are highly bullish, as they are now, it may even cross $40.
APT Price Prediction 2026
Based on current estimates, by the peak of the alt season, APT could cross $50 and reach as high as $57.
Aptos Price Prediction 2027
The year 2027 is expected to bring corrections in the crypto markets, and we may see APT fall around 10% to reach $45 to 50.
APT Price Prediction 2028
The pre-halving rally in APT, along with a highly supportive regulatory environment, could spin APT towards $70.
Aptos Price Prediction 2029
In the latter part of 2028 and early 2029, we might see another rally in APT that may take it above $100 as Layer-1 chains are expected to perform many general tasks that increase their utility and, hence, lift revenues.
APT Price Prediction 2030
In the long term, we might expect APT to grow consistently (if not higher) at a high rate, probably crossing $120 by the end of 2030.
