Aptos Price Surges 12% After Shelby Launch, Analysts Predict 50-70% Gain

Aptos (APT) has recently shown signs of a strong comeback, with its price breaking out of a falling channel that had constrained it for weeks. The price bounced from around $3.75 and has been steadily climbing since then. This breakout indicates a potential shift in the trend, with bulls possibly regaining control. The price is now just above the breakout area, attempting to maintain its position.

Crypto analyst Crypto Charts (@Cryptokartha) noted that the APT chart on the 4-hour time frame has already broken out of a bullish flag. He predicted a short-term rise of 50–70%. This breakout, following a prolonged downtrend, could lead to a significant rally. If APT can stay above the $4.80 level, the breakout is likely to remain strong, with the next major target between $6.50 and $7, aligning with earlier highs. As long as the price doesn’t fall back into the old channel, bulls may stay in control.

Aptos has recently experienced a significant shift in its price trajectory, flipping bullish and sparking speculation about a potential rally. The Layer-1 blockchain's price surged by 12% on Tuesday, reaching $4.85, following the unveiling of its decentralized hot storage network, Shelby. This network is designed to bring high-performance data on-chain, which has been a key driver of the recent price movement.

The bullish sentiment surrounding Aptos is further supported by several on-chain metrics. The decentralized exchange (DEX) volume hit $3.46 billion, stablecoin supply surged, and user activity rebounded, indicating growing momentum in the ecosystem. Analysts have noted that if Aptos can flip the 50-day Exponential Moving Average (EMA) and the 100-day Simple Moving Average (SMA), the price could stretch its rally above $6.

The positive momentum is also reflected in the broader market sentiment. The stablecoin supply surge and the increase in DEX volume suggest that more users are engaging with the Aptos ecosystem, which could lead to further price appreciation. Additionally, the launch of Shelby has been well-received, with Jump Crypto unlocking new possibilities for the network.

Looking ahead, the consensus among analysts is that Aptos has the potential for significant upside. Cautious estimates place the price near $3.50 by the end of 2025, while more bullish forecasts suggest it could reach $20 to $30 if the Web3 expansion and Shelby adoption gain traction. Some analysts even predict that Aptos could reach $40 to $60 by 2030, depending on the continued development and adoption of its technology.

The recent price movement and on-chain metrics suggest that Aptos is poised for a potential rally. However, it is important to note that the cryptocurrency market is highly volatile, and past performance is not indicative of future results. Investors should conduct their own research and consider their risk tolerance before making any investment decisions.