Aptos Pours $50 Million Ecosystem Fund: Will It Surge Past $1?

▲ Aptos (APT) ©Godasol

Aptos (APT) is firmly solidifying the $1.00 mark, staging a four-day consecutive rally fueled by the news of an unprecedented $50 million ecosystem development fund. With a breakthrough above the long-term downtrend line, technical bullish signals have also been activated, and expectations for institutional-level infrastructure construction are strongly stimulating individual investors' buying sentiment.

According to investment specialist media FXStreet on May 8 (local time), the Aptos Foundation and Aptos Labs announced on Friday that they would invest more than $50 million in ecosystem development, including a strategic fund for artificial intelligence (AI) and trading partners. Following this news, Aptos rose above $1.00, recovering its highest price level since late March.

This $50 million fund will be primarily used to strengthen its product line, research and development, and expand protocol infrastructure. Special emphasis is placed on institutional-grade execution capabilities and the construction of autonomous solutions. Aptos plans to sequentially introduce features such as encrypted mempool construction, improved institutional connectivity through multi-leader consensus, and privacy-centric perpetual trading functions that maximize performance through token burning and staking.

Expectations for ecosystem expansion are directly translating into excitement in the derivatives market. According to Coinglass data, Aptos futures open interest increased by over 2% in the last 24 hours, reaching $110.24 million. This indicates a noticeable increase in active positions and leverage exposure. Simultaneously, the open interest-weighted funding rate recorded 0.0029%, clearly showing a bullish sentiment among traders willing to pay a premium to take long positions.

Technical trends are also supporting the short-term rally. Aptos, currently trading around $1.0430, has broken through the downtrend resistance line of $0.9850 and is finding stable support above the 50-day Exponential Moving Average (EMA) of $0.9746. The Relative Strength Index (RSI) on the daily chart is at 63, rising towards the overbought zone, and the Moving Average Convergence Divergence (MACD) also suggests that buying pressure is gradually strengthening above the signal line.

Experts predict that if there is a further upward movement, the high of March 24 at $1.1250 and the 100-day EMA at $1.1360 will serve as the primary resistance levels. Surpassing these could target the February 1 high of $1.3020, which could break the broader bearish structure. Conversely, on the downside, $0.9850 and the 50-day EMA at $0.9750 are key defense lines, and if this zone breaks, a deeper correction towards previous lows could occur.

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