- Aptos saw a surge in deployed contracts, six times its previous peak.
- Monthly Active Users and Transactions reached multi-month highs.
Aptos [APT] has shown sluggish price action, a trend that has persisted for several days. The price struggled to move beyond $0.48.
However, analysis suggested a potential shift could be near. This is due to rising development activity and liquidity inflows, which could favor an altcoin upswing, according to AMBCrypto’s findings.
Smart contract deployments on Aptos hit 30-day high
Development activity on Aptos remained high, with a notable increase in smart contract deployments on the network over the past 24 hours, according to Nansen.
Reportedly, 1,200 contracts had been deployed, marking the highest single-day total in the last thirty days.
Source: Nansen
A spike in development often indicates that improvements or additions are being made to the chain. It also implies that APT usage may increase as a result.
On-chain analysis tracking APT usage confirmed a rise in activity and noted that the token is being purchased more frequently.
DEX Trading Volume nears $200M
During this market phase, Trading Volume on Decentralized Exchanges (DEXs) has surged.
According to Artemis, this surge pushed DEX Trading Volume to $196.1 million, nearing its recent peak of $202.6 million recorded on the 24th of June.
Source: Artemis
What’s notable here is the timing. A sideways market with climbing Trading Volume and high developer activity often signals stealth accumulation.
Traders aren’t dumping—they’re loading up.
AMBCrypto also identified supporting metrics hinting at a market rebound, with liquidity flow reinforcing the accumulation narrative.
Liquidity returns to Aptos with
As of the time of writing, liquidity inflow into Aptos protocols surged, with Total Value Locked (TVL) climbing once again.
Source: DeFiLlama
DeFiLlama data indicated that TVL jumped from $1.273 billion on the 23rd of June to $1.365 billion by the 28th of June. That’s a $92 million inflow in less than a week.
If this trend of inflow into DeFi protocols and Trading Volume continues, it could signal that APT is nearing a breakout.
On-chain activity and user growth fuel bullish outlook
That conviction isn’t just dev-deep.
Artemis data showed a clear spike in both Monthly Active Users (MAU) and on-chain activity.
MAU rose to 11.6 million, recovering from May’s decline and reaching the highest level in over a month.
Source: Artemis
Meanwhile, Transaction Count hit 5.3 million, the most since February. That’s a strong indicator of renewed network usage, not just passive holding.
This wave of users has contributed to increased liquidity and a rise in on-chain activity, confirming a bullish sentiment. Their participation could fuel APT’s potential breakout.
Source: https://ambcrypto.com/aptos-stalls-at-0-48-apt-traders-here-are-3-signs-for-a-possible-breakout/