Aptos Price Setup Points to a Recovery to $0.95 as CCTP V2 Boosts Aptos Utility

Aptos (APT) price is showing signs of renewed bullish momentum after reclaiming a major horizontal resistance zone, according to crypto analyst Alpha Crypto Signal.

The recovery is an important technical development, as buying volume has expanded alongside the move, and if the APT price continues to hold above the reclaimed zone, it could become increasingly favorable for another upward move.

Apart from technical considerations, Aptos has been experiencing some developments within the blockchain ecosystem as well. Native USDC transfers have been enabled through Circle's Cross-Chain Transfer Protocol (CCTP) V2, which makes it possible for the USDC token to transition between supported blockchain networks via Circle's burn-and-mint system.