The Aptos blockchain’s native coin, APT, has been making headlines lately for its impressive price increase.
In the past seven days alone, APT has more than doubled in value and climbed 47% to $18.46.
The reasons behind this surge are still being analyzed, but data shows that a significant portion of the trading volume has come from the South Korean won trading pair on Singapore-based exchange UpBit.
It’s also worth noting that Aptos has grown significantly in the past month, with DeFi volume on the platform going from $14 million to $51 million in January.
As the crypto market continues to evolve, it will be interesting to see how Aptos performs in the coming months.