Aptos Price Prediction for 2023 – 2032: Will APT Token Hold Bullish Hopes?
- Aptos Price Prediction 2023 – up to $15.32
- Aptos Price Prediction 2026 – up to $47.05
- Aptos Price Prediction 2029 – up to $142.43
- Aptos Price Prediction 2032 – up to $445.51
Millions of Aptos Labs’ APT tokens will be unlocked on Wednesday in a planned move that’s set to increase the token’s circulating supply by 0.5%. The unlock is expected to occur at 05:30 UTC. With this Aptos Price Prediction, you can project future profits if we decide to include the APT token in your investment portfolio.
The automatic release of new APT tokens into the open market is valued at over $50 million based on current prices. Cryptopolitan foresees risk factors moving from Bitcoin to Ethereum-specific risk factors with the increasing importance of market factors, providing evidence for a decoupling of on-chain and off-chain trading activity. So, it’s interesting to see how the token release will affect prices.
There was evidence that, unlike traditional financial markets, cryptocurrency volatility is not associated with market downturns. Observers also noted that, after gaining widespread attention and with many traders entering the market, the off-chain trading activity and risk evaluation have become more decoupled from on-chain activity.
APT rose nearly 8% in the past 24 hours, outperforming Bitcoin (BTC) and the broader market. The Aptos network has a market cap of over $2.3 billion. This was after the past few days, Tron lost over 13% to legal issues with SEC, while ApeCoin (APE) and Aptos (APT) struggled to recover from the bear’s claws
Contents
1 How much is APT token worth?
2 Aptos Overview
3 What Is Aptos Blockchain?
4 Founders Behind Aptos Ecosystem
5 How Does the Aptos Blockchain Work?
5.1 PoS with advanced BFT consensus
5.2 Light and full node clients
5.3 Move programming language
5.4 Parallel transaction processing
6 Solana Vs. Aptos
7 The Aptos Token (APT)
8 Latest Developments In the Aptos Network
9 Aptos Price Today
10 Aptos Technical Analysis
11 Aptos Price Prediction By Cryptopolitan
11.1 Aptos Price Prediction 2023
11.2 Aptos (APT) Price Prediction 2024
11.3 Aptos Price Prediction 2025
11.4 Aptos Price Prediction 2026
11.5 Aptos Price Prediction 2027
11.6 Aptos Price Prediction 2028
11.7 Aptos Price Prediction 2029
11.8 Aptos Price Prediction 2030
11.9 Aptos (APT) Price Prediction 2031
11.10 Aptos Price Prediction 2032
12 Aptos Price Prediction By Coincodex
13 Aptos Price Prediction By DigitalCoinPrice
14 Aptos Price Prediction By CryptoPredictions.com
15 Aptos Price Prediction By Market Sentiment
16 Conclusion
How much is APT token worth?
Today’s Aptos price is $10.22 with a 24-hour trading volume of $170,768,790. Aptos is down 0.63% in the last 24 hours. The current CoinMarketCap ranking is #32, with a live market cap of $1,925,488,631. It has a circulating supply of 188,471,600 APT coins and the max. supply is not available.
Aptos Overview
In 2022, layer-one protocols such as Ethereum, Solana, BNB Smart Chain, and Avalanche were hot topics, as the astronomical rise of non-fungible tokens (NFTs) exposed the limitations of many blockchains struggling to handle mainstream adoption.
Before Ethereum’s transition to Proof-of-Stake (The Merge), network congestion and sky-high transaction fees were prevalent, leading to the belief that only whales could take part in multiple DeFi initiatives on the platform.
Solana, though touted as a high-throughput chain capable of processing thousands of transactions per second (TPS), faced its own challenges, with multiple outages rendering the network unusable.
To solve these issues, a new player emerged, which is the Aptos Blockchain. Dubbed by many as “the Solana Killer,” Aptos is a “scalable, safe, reliable, and upgradable” network that has been in development for over three years. With the recent launch of its mainnet, Aptos aims to revolutionize the blockchain space, offering a seamless and robust platform for users and developers alike.
What Is Aptos Blockchain?
Aptos, the innovative layer1 blockchain, is built upon the Move programming language and can be considered the spiritual successor to Meta’s now-defunct Diem blockchain project.
Centered on scalability, reliability, safety, and upgradeability, Aptos aims to bring ground-breaking concepts to the layer 1 space, featuring novel consensus mechanisms, performance optimization, system security, and smart contract designs.
The Aptos whitepaper is here. ?
Let’s break down the innovations that make up the network. ?https://t.co/ctiffjvxOZ
— Aptos (@Aptos_Network) August 11, 2022
With a vision to recreate the cloud infrastructure that powers web2 in a decentralized manner, Aptos strives to establish a comprehensive blockchain solution that paves the way for rapid mainstream adoption of web3. Concurrently, the project is committed to accelerating a dApp ecosystem that addresses real-world challenges.
Marking its genesis on Oct. 12, 2022, Aptos quickly followed up with the launch of its blockchain mainnet, dubbed “Aptos Autumn,” on Oct. 17.
Aptos has successfully captured the attention of investors, securing millions of dollars in funding thus far. In July 2022, the project raised a remarkable $150 million in a Series A round led by FTX Ventures and Jump Crypto. Prior to that, Aptos attracted $200 million from prominent venture capital firms such as Tiger Global, Multicoin Capital, and a16z, among others.
Further boosting its momentum, Binance Labs revealed in September that it would make a follow-on investment in Aptos as part of its strategic investment program. This announcement propelled Aptos’ valuation to an impressive $4 billion, showcasing the project’s immense potential and strong backing from industry giants.
Founders Behind Aptos Ecosystem
Aptos was brought to life by Aptos Labs, a company co-founded by Mo Shaikh (CEO) and Avery Ching (CTO). Both Shaikh and Ching are former Meta employees with years of experience as senior developers and engineers in the blockchain industry under their belts.
Aptos Labs boasts a diverse and experienced team of skilled designers, engineers, researchers, and strategists working together to drive the project forward.
A significant factor contributing to the buzz surrounding the Aptos crypto project is its intriguing history. While Aptos is an independent blockchain with its unique vision and technology, it has roots in Meta’s discontinued Diem blockchain initiative. In fact, a substantial portion of the Aptos team was directly involved in the creation, design, and development of Diem, adding to the project’s interesting narrative.
How Does the Aptos Blockchain Work?
PoS with advanced BFT consensus
Aptos is a robust proof-of-stake (PoS) blockchain that employs a sophisticated Byzantine Fault Tolerance (BFT) consensus mechanism, working in tandem with a group of validators responsible for receiving, processing, and validating transactions.
Holders of APT tokens can stake their tokens with validators, which in turn grants each validator a consensus voting weight proportional to the number of tokens staked in their custody. Validators can then utilize their voting weight to actively participate in the consensus process and governance of the blockchain.
Light and full node clients
Aptos categorizes its clients into two distinct groups — full node clients and light clients.
Full node clients maintain a complete copy of the Aptos transaction ledger, while light clients store a streamlined version of the same. Both types of clients communicate with validators to inquire about the ledger’s history and current state before submitting transactions to be appended to the ledger.
Move programming language
Aptos’ whitepaper states that it employs the Move programming language’s object model to depict the state of its ledger. Move, a relatively new programmable platform for blockchains, smart contracts, and other applications, was initially developed for Facebook (now Meta) for its discontinued crypto/blockchain projects, Libra and Diem.
The Aptos team asserts that Move’s advanced smart contract language is ideal for facilitating swift and secure transactions. Move simplifies the auditing and analysis of the blockchain and smart contracts that utilize it.
Parallel transaction processing
The Aptos blockchain supports parallel transaction processing, which is essential for achieving high scalability and throughput. By optimizing a multi-threaded, in-memory parallel engine using BlockSTM, it can deliver over 160,000 non-trivial Move transactions per second.
The entire underlying infrastructure is designed for complex atomic transactions, ensuring transaction viability protection. Each transaction is fully completed or doesn’t occur at all. This approach enables secure peer-to-peer trustless transactions with no intermediary.
Solana Vs. Aptos
Solana currently stands as one of the top-performing layer 1 blockchains in the market. In terms of speed, Aptos is on par with Solana, as both blockchains utilize engines capable of executing parallel computations. However, Solana’s reliability has been called into question due to its recurring network issues.
Aptos has an advantage when it comes to reliability due to its redundancy measures. The Aptos network incorporates redundancy, making it significantly less susceptible to failures. The mechanism works as follows: the Aptos blockchain synchronizes all its nodes with neighboring nodes and leader nodes. If a leader node encounters a failure, another node steps in to maintain the network’s functionality and uptime.
In summary, Aptos seems to present a more dependable alternative. However, it is still relatively new and must maintain its exceptional performance over time to surpass Solana.
The Aptos Token (APT)
The Aptos token (APT) serves as the native cryptocurrency within the Aptos ecosystem. At one point, the project faced controversy when it planned to launch the Aptos token without providing any public information—no details on total supply, distribution, or even a general roadmap. However, after receiving backlash from the community, the Aptos team made amends and shared most of the necessary details through a blog post.
The Mainnet officially launched on October 12, 2022, with an initial token supply of 1 billion. APT features eight digits of precision, and each minimal unit is referred to as an Octa.
Category | Initial distribution |
Community | 51.02% |
Core contributors | 19% |
Foundation | 16.5% |
Investors | 13.48% |
Latest Developments In the Aptos Network
Aptos, a Layer 1 blockchain, has unveiled a delegated staking feature designed to make staking on its network more user-friendly, as announced in a Thursday blog post. The new feature enables users to earn staking rewards without the need to operate nodes themselves. It reduces the amount of the blockchain’s native token, Aptos (APT), required for participating in staking. Now, users can stake their tokens with the blockchain by holding only 11 APT, valued at approximately $169 at the time of publication.
Introducing Aptos ‘Delegated Staking’—a new feature on Aptos that makes staking more accessible and user-friendly.
Users can now delegate their staking power to a trusted network validator and earn rewards as an individual—providing options outside of the previous threshold. pic.twitter.com/wF07fXlDbU
— Aptos (@Aptos_Network) April 20, 2023
Delegated staking allows users to rely on a trusted validator to stake on their behalf. This approach enables token holders to benefit from locking up their cryptocurrency for set periods without the need for specialized hardware or incurring fees to verify blockchain transactions.
Aptos Price Today
The Aptos cost is currently trading at $9.94 with a 24-hour trading volume of $423.68 million, a market cap of $1.85 billion, and a market dominance of 0.16%. Over the last 24 hours, the APT price has decreased by -2.83%.
On January 30, 2023, Aptos reached its all-time high of $19.86, while its all-time low of $3.08 was recorded on December 29, 2022. Since its ATH, the lowest price reached was $9.76 (cycle low), while the highest APT price since the last cycle low was $14.43 (cycle high). These fluctuations in price highlight the volatility of the cryptocurrency market and the importance of keeping a close eye on price movements for investors.
Aptos Technical Analysis
Analyzing the 4-hour price chart, the APT token has witnessed a massive plunge recently following the dead hype within the network. APT token’s price has witnessed intense selling pressure near $10-$11 due to a massive selloff in the market.
Source: TradingView
As of writing, APT price trades at $9.94, declining over 1.27% from yesterday’s rate. The BoP indicator has made a minor decline, and it is now trading in a bearish territory at 0.13, hinting at further dips.
The RSI-14 trend line has formed a bottom level as it trades below its midline at the level of 36, placing SMA-14 just above it. This movement may bring more price drops if bulls don’t get control soon. The APT token is trading way below the EMA-20 trend line, which brings more confidence among bears. If the Aptos coin drops below $9.6, it may trigger a sharp decline below the 0.038 Fib level at $9. On the other hand, a bullish rally may emerge if the APT price surges above $11, pushing the price to a resistance at $12.8.
Aptos Price Prediction By Cryptopolitan
Year | Minimum ($) | Average ($) | Maximum ($) |
2023 | 13.15 | 13.56 | 15.32 |
2024 | 18.23 | 18.77 | 23.08 |
2025 | 26.6 | 27.54 | 31.77 |
2026 | 40.22 | 41.59 | 47.05 |
2027 | 58.77 | 60.44 | 71.45 |
2028 | 82.26 | 85.28 | 101.73 |
2029 | 118.12 | 121.53 | 142.43 |
2030 | 168.81 | 174.88 | 202.77 |
2031 | 252.89 | 261.64 | 299.8 |
2032 | 363.39 | 376.48 | 445.51 |
Aptos Price Prediction 2023
Cryptopolitan’s current price predictions are optimistic. In 2023, the price of Aptos is expected to reach a minimum value of $13.15, with the potential to climb as high as $15.32 while maintaining an average value of $13.56.
Aptos (APT) Price Prediction 2024
Moving forward to 2024, the price of Aptos could hit a minimum level of $18.23, while the maximum price may soar to $23.08, with an average trading price of $18.77.
Aptos Price Prediction 2025
By 2025, Aptos’ price is forecasted to reach a minimum level of $26.60, with the possibility of hitting a maximum value of $31.77 and an average forecast price of $27.54.
Aptos Price Prediction 2026
In 2026, the price of Aptos is predicted to reach a minimum value of $40.22, and it could potentially climb to a maximum value of $47.05, with an average trading price of $41.59.
Aptos Price Prediction 2027
Our deep technical analysis suggests that in 2027, the price of Aptos could reach a minimum level of $58.77, with a maximum potential of $71.45 and an average trading price of $60.44.
Aptos Price Prediction 2028
In 2028, the price of Aptos is forecasted to be around a minimum value of $82.26, while the maximum value could reach $101.73, with an average trading value of $85.28.
Aptos Price Prediction 2029
The price of Aptos is predicted to reach a minimum level of $118.12 in 2029, with the potential to climb as high as $142.43 and an average price of $121.53.
Aptos Price Prediction 2030
In 2030, Aptos’ price is forecasted to hit a minimum level of $168.81, with a maximum potential of $202.77 and an average forecast price of $174.88.
Aptos (APT) Price Prediction 2031
By 2031, the price of 1 Aptos is expected to reach a minimum level of $252.89, while the maximum level could hit $299.80, with an average price of $261.64.
Aptos Price Prediction 2032
In 2032, the price of Aptos is predicted to reach a minimum value of $363.39, with the potential to climb to a maximum value of $445.51 and an average trading price of $376.48.
Aptos Price Prediction By Coincodex
As per Coincodex’s recent Aptos price prediction, the value of Aptos is anticipated to decrease by 6.32% and touch $9.33 by April 30, 2023. Based on their technical indicators, the prevailing sentiment is bearish, while the Fear & Greed Index displays a neutral reading of 53. Over the past 30 days, Aptos has experienced 16 out of 30 (53%) green days, with price volatility of 5.74%. Considering Coincodex’s Aptos forecast, it is currently not an ideal time to purchase Aptos.
Aptos Price Prediction By DigitalCoinPrice
According to DigitalCoinPrice’s Aptos price prediction, the token may witness a bullish rally in the upcoming months. The price of APT is anticipated to surpass the $22.10 mark in 2024. By the end of the year, Aptos is projected to achieve a minimum price of $21.37. Furthermore, the APT price has the potential to attain a maximum level of $23.02.
In 2032, the price of APT is projected to surpass the $188.64 threshold. By the year’s end, Aptos is anticipated to attain a minimum value of $186.71. Moreover, the APT price has the potential to reach a maximum level of $191.28.
Aptos Price Prediction By CryptoPredictions.com
According to CryptoPredictions.com’s APT price forecast, Aptos is forecasted to commence May 2023 at $8.763 and conclude the month at $11.465. Throughout May, the highest predicted APT price is $12.167, while the lowest anticipated price is $8.273.
Aptos Price Prediction By Market Sentiment
According to recent technical analyses and expert forecasts, Aptos appears poised for continued growth in the coming years. Some experts predict that the APT token could reach new heights, driven by the platform’s unique features and growing adoption. With its innovative approach to decentralized finance, Aptos has captured the attention of both developers and investors, making the APT token an increasingly attractive asset. Hence, it is forecasted that APT price may even reach $100 by the end of 2023.
Conclusion
Since its inception, Aptos appears to have successfully integrated various projects associated with Libra and Diem into its ecosystem. This is a promising development, as it expands the ecosystem’s reach and potential for growth.
Furthermore, the project has gained momentum following the launch of its testnets. Based on initial community feedback, the network has achieved significantly higher TPS and time-to-finality rates compared to its competitors.
With its current trajectory of 160,000 TPS and sub-second transaction times, the Aptos crypto project holds the potential to surpass many of its rivals in the long run, provided it continues on this path. However, it is advised to do your own research and conduct good investment advice before investing in the volatile crypto market.