APT is nearing a key demand zone, showing signs of potential bullish momentum. A notable increase in metrics like daily active addresses and transaction volumes on the Aptos network highlights this potential. Recently, the number of active addresses surged to 1.2 million, coupled with daily transaction volumes hitting 4.5 million, indicating heightened network activity.

Technical analysis suggests APT could see a significant price rise if the 7.69 USD to 8.64 USD demand zone triggers a rally. Historically, this zone has been a catalyst for upward rallies, signaling bullish potential. Despite short-term struggles, positive market correlations and increasing network activity may support this upward momentum.

If current conditions persevere, APT might experience a rally of up to 76.17%, potentially reaching 15.33 USD. The rise in buying activity among spot and derivative traders further supports this outlook, with sentiment shifting bullish. However, APT might consolidate within the demand zone before a potential breakout to the upside.