In a period when volatility is increasing again in the cryptocurrency markets, Aptos (APT) and Arbitrum (ARB), altcoins that are in the focus of investors, attract attention with their performances in the last 24 hours. While both projects exhibit horizontal and unstable price movements in the short term, developments on the ecosystem side and general market sentiment continue to be decisive on prices. In this analysis, we discuss in detail the price movements of APT and ARB in the last 24 hours, market expectations and prominent developments in the last week.
What Happened in Aptos (APT) in the Last 24 Hours?
Aptos (APT) has been in the slightly negative zone in the last 24 hours. According to data at the time of writing, the price of APT is trading around $1.66, and the altcoin has experienced a slight decline compared to the last close, with a daily high of approximately $1.73 and a low of approximately $1.61.
Aptos, whose current market value is approximately $1.2 billion, ranks 55th in the cryptocurrency rankings. On the other hand, 24-hour volume indicators point to moderate activity, indicating that investor interest has remained stable.
In addition, analysts’ short-term expectation is that APT will break its current horizontal trend and test upper resistance levels or fluctuate within the current range. Technical indicators show that sudden price fluctuations are possible in APT due to high volatility.
In the longer term, some investors expect a potential recovery thanks to developments in the Aptos ecosystem, particularly the growth of DeFi applications and increasing DEX volumes on the network. However, tight stop-loss levels are recommended for investors with low risk appetite.
In addition, although there was no significant news flow in the ecosystem regarding APT in the past week, the volatility in the general crypto market and the movements of Bitcoin and Ethereum put pressure on APT. This caused the price of APT to remain in a limited band.
Arbitrum (ARB): Market Dynamics and Latest Developments
When looking at Arbitrum (ARB), it is seen that it has an unstable chart in the last 24 hours. According to data at the time of writing, the price of ARB is trading around $0.208 and has seen an intraday high of approximately $0.216 and a low of approximately $0.198.
The popular altcoin’s current market cap is around $1.2 billion and is ranked in the top 56 cryptocurrency rankings, according to CoinMarketCap. On the other hand, 24-hour trading volume indicates solid liquidity; This indicates that ARB is still actively traded among traders.
In addition, the Arbitrum community has long been expecting the token’s Ethereum Layer-2 usage increase and DeFi activity to be positively reflected in the ARB price. Some market participants note that ARB could form a strong support zone if it declines below the $0.20 level. However, in the short term, the price trend is not clear due to volatility; It can be said that there is a tight struggle between bulls and bears.
In addition, the increasing trend in the use of layer-2 projects in the Arbitrum ecosystem is welcomed by investors. Market sentiment is also generally in favor of uncertainty, especially Bitcoin and Ethereum price movements play a decisive role on ARB.
