Aptos Hits 29ms Median Block Time
Aptos achieves 29ms median block time via Velociraptr upgrade, matching CEX speeds and boosting blockchain efficiency for global trading.
SourceAnalysis
Aptos just clocked a median block time of 29ms, propelled by the Velociraptr consensus upgrade that sharpens validator communication and block proposals, effectively rivaling centralized exchange speeds in this global trading engine push.
Zooming into the 4h chart for APT, price action lingers at $1.09 amid a bearish trend where the EMA50 at $1.1 caps upside as immediate resistance, while the EMA200 at $1.01 anchors long-term support below. MACD signals a death cross with a bearish 0.02 reading, underscoring weakening momentum, yet RSI at 44.49 stays neutral, hinting at no immediate oversold bounce. Volatility squeezes inside Bollinger Bands, with upper resistance at $1.25 eyeing exhaustion if bulls push, but lower support at $1.07 could trigger a swift test on any downside break—watch for confluence here as Bitcoin volatility spills over, potentially pressuring APT price prediction toward that EMA200 floor before any rebound in this crypto market downturn.
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@AveryChingCo-founder & CEO @ Aptos building a layer 1 for everyone - http://aptoslabs.com. Ex-Meta/Novi crypto platforms tech lead. Ex-Diem blockchain tech lead.