Aptos is experiencing a boom in activity, as its Decentralized Exchange (DEX) volume skyrocketed to new highs, signaling strong potential growth. This surge has been attributed to increasing DeFi adoption and rising institutional interest. 24-hour DEX volume recently hit an all-time high of $183 million, exceeding previous levels and suggesting a robust weekly performance as well. This rapid growth coincides with a sharp increase in app revenue, further fueling the network’s success. 10.9 million addresses were active in early February, and more than half a million new ones joined the network this past week. The combination of growing liquidity and activity points towards substantial adoption within the Aptos ecosystem. The increased DEX volume also shows positive correlation with app fees, indicating a direct link between user engagement and network performance. While Aptos’ native coin (APT) did see a price surge in late 2022, it experienced a subsequent downturn before recovering modestly in recent weeks. This recovery may be limited due to a significant token unlock scheduled for this week, which could dilute the price. Despite this, robust network growth and growing DeFi adoption suggest strong underlying sentiment, paving the way for more substantial price recovery.