Aptos just shipped something that years of zero-knowledge research made possible. Confidential APT is live, bringing opt-in privacy features to the Aptos network at sub-second transaction speeds and sub-cent costs and the combination of those three things in a single product is what makes this worth paying attention to. The announcement came from Aptos Labs and was discussed publicly by Aptos Labs’ Avery Ching alongside The Block’s Gary Jenks, with the technical framing making clear this was not a quick build. The infrastructure behind Confidential APT was purpose-built from the ground up, custom cryptography, multiple years of zero-knowledge R&D, and

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The Aptos ecosystem has experienced a heretofore unseen growth spurt, with a number of platforms and projects racking up some impressive achievements. This week’s recap notes the not-so-quiet progress made by stablecoins, lending and re-borrowing platforms, NFTs, and decentralized exchanges (DEXs), among others, over on the Aptos network. Aptos stablecoins have reached nearly a total supply of $800 million, with USDT accounting for an eyebrow-raising 79% of the totals. USDC comes in, in what appears to be second place, at 12.94%. At this point, it seems a fair question to ask just what is going on with stablecoins on Aptos.

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Aptos native token has joined the current altcoins recovery with 15% gains in the last 24 hours. However, the price has remained trapped in a tight range as it continued to maintain a bearish trend daily. APT’s price appeared to have reached a crucial trading area on the daily chart since the price fell to $4.57 in February. It has struggled to regain momentum as it subjected the trend to a sideways movement following an extreme drop in the volatility. The sideways movement is captured in a range, and as we can see on the daily chart, the price is

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APT started this week at a loss following a sudden price rejection from $7 a week ago. However, it has bounced back from a key level and is now gaining traction daily, though its bearish pattern remains intact. The month of February has been quite boring for most swing traders as APT’s price remains relatively indecisive, subjecting the trend to a sideways movement amid bearish. Although, it attempted a surge but failed after tapping $7 on February 20. That led to a false breakout and the gains washed away. It closed that week bearishly and crossed over into a new

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Following an impressive gain in the last 24 hours, APT showed strength and surged to a three-week high. It remained bearish in the mid-term but the trend is likely to shift soon as demand increases. APT’s trajectory is still looking bearish on the short-term trend but it appeared to have reached an exhaustion point following early month crash to $4.6. This brought a market reset but the price has recovered briefly since then. While this has brought a temporal relief, the price may roll back anytime soon. However, it has shown signs of strength as it appeared poise for an

The post APTOS PRICE ANALYSIS & PREDICTION (February 20) – APT Taps $7 as Demand Rises Amid Latest Surge, More Buys Ahead? appeared first on The Merkle News.

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The tokenized money market fund will launch on nearly half a dozen new blockchain networks.

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Aptos suffered a five-hour outage, coincidentally in the same week that the network launched this time last year.

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