Ankr (ANKR) Surges 24% After Becoming Aptos Blockchain RPC Provider

Ankr Integrates with Aptos Blockchain as RPC Provider

Ankr (ANKR) has made a significant move by becoming one of the first Remote Procedure Call (RPC) providers for the Aptos blockchain network. This integration aims to simplify the process for developers building secure, scalable, and upgradeable decentralized applications (dApps) on the Aptos blockchain.

Price Surge and Market Impact

The price of ANKR has surged by over 24% in the last 24 hours, reaching $0.03392 at press time. This upward momentum is also reflected in its performance against Bitcoin (BTC) and Ethereum (ETH), with gains of 21.46% and 21.29%, respectively. The 24-hour trading volume for ANKR has skyrocketed by 1,612.76%, reaching $237,748,136.

Technical Analysis and Market Outlook

ANKR’s price has broken above the 9 and 20 Exponential Moving Average (EMA) lines, signaling strong bullish momentum. The Relative Strength Index (RSI) has also entered overbought territory, indicating potential profit-taking by investors. Traders are advised to monitor ANKR’s price closely, as the current parabolic move may not be sustainable.

Developer Benefits and Future Prospects

With Ankr’s support for the Aptos Testnet Community and Premium RPC, developers can now access tools to build dApps more efficiently. This integration positions Ankr as a key player in the Aptos ecosystem, potentially driving long-term growth for the token.

Disclaimer

Investors should conduct their own research and due diligence before making any decisions. The information provided is for educational purposes only and does not constitute financial advice.

The integration of Ankr as an RPC provider for the Aptos blockchain highlights its growing influence in the crypto space. While the recent price surge is promising, market participants should remain cautious and monitor for potential corrections.