Aptos has witnessed a dramatic surge in its token price, with APT reaching $5.07 as transaction volumes soared by 189%, exceeding $643 million. This price spike aligns with a historic increase in Aptos’s stablecoin supply, nearing $1.2 billion and pointing to its growing relevance in the DeFi space.
Aptos’s Stablecoin Supply Nearing $1.2 Billion
The recent rebound of Aptos’s token price (APT) can be attributed to a favorable market sentiment, yet the network’s growth has been a significant catalyst. Data from Token Terminal reveals that the stablecoin supply on Aptos surged from $430 million in December 2024 to an all-time high of nearly $1.2 billion.
This remarkable growth occurred last in May 2025, indicating strong network activity, with leading stablecoins Tether (USDT) and USD Coin (USDC) contributing significantly to this liquidity boost.
ICYMI: Stablecoin supply on @Aptos is close to all-time highs at ~$1.2 billion. Average transaction fee on Aptos hovers around ~$0.0005. pic.twitter.com/NENHThCzFg
— Token Terminal 📊 (@tokenterminal) June 24, 2025
Following this growth, APT has seen a notable rise, particularly after the state of Wyoming selected Aptos for its WYST stablecoin pilot project. This momentum suggests further price increases might be on the horizon if adoption trends persist, a notion reinforced by Aptos’s latest developments. Concurrently, average transaction fees on Aptos have dropped to approximately $0.0005.
Launch of Shelby by Jump Crypto and Aptos Labs
In a positive development for the platform, Aptos Labs, in collaboration with Jump Crypto, announced the upcoming launch of Shelby, a decentralized hot storage protocol aimed at high-frequency web3 workloads. This initiative was announced on June 24, 2025, and exploits Aptos’s 600 ms finality along with ultra-low gas fees, allowing for cloud-speed storage for applications such as video streaming, AI pipelines, and DePIN flows.
Web3 wasn’t meant to run on Web2 infrastructure. Its potential to create value through data has been throttled. That ends now. @ShelbyServes is a decentralized hot storage protocol, designed to serve real-time data, and reward it.
✅ Sub-second access over dedicated fiber
✅… https://t.co/8LQbz9dlsB— Aptos Labs (@AptosLabs) June 24, 2025
Shelby is chain-agnostic, with plans to support Ethereum and Solana, and has already captured interest from brands like Metaplex and Story Protocol. According to Aptos Labs’s post on X, Shelby aims to blend web2 performance with web3 transparency, positioning Aptos as a leader in scalable infrastructure. The protocol’s capacity to foster inter-chain adoption could be vital for Aptos, with a developer-focused devnet scheduled for Q4 2025.
Meet William, a proud Bethel University alumnus with a fervent passion for lifestyle and culture topics. His keen interest doesn’t stop there; he’s also deeply engrossed in current events of all kinds. William dedicates himself wholeheartedly to this site, thriving on the collaborative energy he shares with Suzanne, his long-standing partner in crime.
Having navigated their university courses side by side for years, their teamwork on the site is nothing short of dynamic. Together, they bring a unique blend of insights, proving that two heads are indeed better than one in delivering compelling content.
