Aptos crypto has seen a significant increase in active users throughout 2024, reaching a peak in Q1 2025.
Phenomenal Aptos User Growth
Starting from a modest base in Q1 2024, Aptos managed to increase its user base to 10 million by the end of the year, and nearly 11 million by Q1 2025. This growth indicates the platform's scalability and efficiency. The rising user count also reflects heightened on-chain activity and possibly increased adoption across various applications.
Exchange Dynamics
Aptos shows contrasting inflow and outflow dynamics across various centralized exchanges (CEXs). Notably, Binance accounted for 47.6% of total inflows, making it a key accumulation hub for Aptos. Meanwhile, OKX leads the outflows, possibly attracting users for liquidation or transfers to different wallets. Such activity can exert short-term selling pressure on Aptos.
Aptos Price Volatility
Recently, Aptos formed a symmetrical triangle, signaling potential for a breakout that could propel prices above $20 if sustained buying pressure emerges. Currently, Aptos price touched a low around $10.42 and later rebounded, testing resistance levels converging around a previous high of $21.97. Maintenance or a breakout of this formation could influence future price movements.
Aptos continues to demonstrate significant growth in user base and activity, strengthening its market position. However, shifting exchange dynamics and cryptocurrency price require close monitoring in the future.
