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Ankr Becomes Early RPC Provider for the Aptos Blockchain

Published 10/18/2022, 07:19 AM
Updated 10/18/2022, 07:30 AM
Ankr Becomes Early RPC Provider for the Aptos Blockchain
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  • ANKR becomes one of the first RPC (NYSE:RES) providers for the Aptos blockchain network.
  • The price of ANKR has surged more than 24% over the last 24 hours.
  • Investors and traders may look to take profits following ANKR’s latest gain.

Ankr (ANKR) has become one of the first Remote Procedure Call (RPC) providers to the Aptos blockchain network. This integration will make it easier for developers to build safe, scalable, and upgradeable decentralized applications (dApps) on the Aptos blockchain.

With the Ankr network now supporting Aptos, developers will also be able to access the Aptos Testnet Community and Premium RPC, make request calls, as well as receive accurate information in return – similar to running an Aptos full node.

In terms of price, ANKR has risen 24.03% over the last 24 hours to boost its price up to $0.03392 at press time according to CoinMarketCap. ANKR has also strengthened against the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 21.46% and 21.29% respectively.

The 24-hour trading volume for ANKR has also increased by a whopping 1,612.76%, taking the total daily trading volume to $237,748,136.

ANKR/USDT daily chart (Source: CoinMarketCap)

ANKR’s price has soared past the 9 and 20 Exponential Moving Average (EMA) lines today following a significant spike in trading volume. This has also turned the slope of the Relative Strength Index (RSI) line parabolic towards the overbought territory, as it also finds itself positioned above the RSI SMA line.

This parabolic move in ANKR’s price may not be sustainable as traders will look to take profit. Therefore, token holders need to keep an eye on ANKR’s price over the coming hours. There is bearish pressure currently being applied to the altcoin’s price as can be seen by the wick present above the candle.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post Ankr Becomes Early RPC Provider for the Aptos Blockchain appeared first on Coin Edition.

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