Why is Aptos (APT) rising? Key drivers behind today’s price jump

• Aptos price jumped 10% as Bitcoin rallied past $94k
• The broader market gained amid macroeconomic developments, with news of trade war de-escalation.
• Aptos is up amid gains in user onboarding and wallet growth in Japan.

Aptos (APT) price performance in the past 24 hours, up more than 10%, has caught the market’s attention.

The notable price surge for Aptos today comes as Bitcoin rallies and broader market catalysts align. APT is also riding a wave of positive developments, including Aptos’ pivotal role in a major global event in Japan.

Aptos price spikes double-digits

Aptos has posted impressive gains, climbing more than 10% in the past 24 hours and 17% over the past week.

Despite this rally, APT remains 73% below its all-time high of $19.90, reached on January 30, 2023. Today’s trading volume has surged by 68% to over $192 million, this coming amid fresh market interest.

Meanwhile, the intraday price action saw APT fluctuate between a low of $4.84 and a high of $5.35, signaling strong bullish momentum.

What’s behind the Aptos price surge today?

The Aptos price rally coincides with Bitcoin’s push above $94k. The leading cryptocurrency has spiked to above $94,300 and could see bulls reclaim the psychological $100,000 mark as risk markets bounce.

Aptos’ bullish backdrop, aligning with BTC and broader altcoins, comes amid fresh developments on the macroeconomic front. After the escalation in tariff war with China, President Donald Trump has expressed openness to engaging Beijing.

This potential to ease concerns over punitive tariffs that have recently weighed on global markets is helping BTC higher. De-escalation of trade tensions is among catalysts analysts are eyeing for stocks and crypto.

Bitcoin is rallying because they broke the economy. And the way they’ll “fix” the economy will make bitcoin rally harder.

— Matt Hougan (@Matt_Hougan) April 22, 2025

However, Aptos price is also likely getting tailwinds from the announcement that the layer 1 blockchain is the official digital wallet provider for Expo 2025 in Osaka, Japan. In one week of the event, the Aptos blockchain has processed over 558,000 transactions and onboarded 133,000 new accounts.

With user feedback positive, it’s likely the upside momentum has more leg room.

Is $10 the next target for Aptos bulls?

Aptos’ price 4-hour chart shows a pattern of higher highs and higher lows, a hallmark of a strong uptrend.

This indicates that buyers are firmly in control, with buying pressure building steadily. Technical analysis suggests key resistance levels at $6 and $7.8.

A breakout above these could propel APT toward $10, a psychological and technical target.

On the downside, support is evident around $4.2, with a potential drop to $3.5 if bearish pressure emerges. The bullish momentum, backed by strong fundamentals and market tailwinds, positions Aptos for a potential breach of the $5 mark in the near term.