$APT Market Analysis
Current price: $0.856, down 4.14% over 24 hours. The 24-hour range is $0.7613–$0.896, with approximately $19.77 million in trading volume. The price has rebounded noticeably from its intraday low, but remains down over 24 hours, trading sideways in the short term between $0.80 and $0.90.
1. On October 9, the Aptos Foundation announced tokenomics reforms: permanently locking and staking 210 million APT (with a commitment not to sell or distribute them), setting a hard cap of 2.1 billion tokens on total supply, reducing the annualized staking yield from 5.19% to 2.6%, raising gas fees tenfold and burning all fees, and exploring a buyback program. On-chain governance proposal #183 passed by a wide margin, with 335.2 million votes.
2. On October 12, the four-year internal vesting period officially ended. Monthly new issuance fell from 11.31 million tokens to 4.54 million, a decrease of about 60%, while annual issuance dropped from approximately 135.7 million to 54.5 million tokens. The final unlock (about 11.31 million tokens, worth around $9.5 million and equal to 0.64% of circulating supply) took place on the 12th.
3. On the technology front, a proposal for the MonoMove execution engine upgrade was introduced on October 6. Tests showed withdrawals becoming 55 times faster and throughput increasing 11-fold, with a mainnet launch targeted for 2027. Shelby, a decentralized data infrastructure project, entered private testing on October 7.
Although the supply-side reforms are positive for the long term, staking is still resulting in net issuance (the official dashboard estimates net monthly additions of about 1.4 million tokens, and burns would need to increase roughly ninefold to offset them), making the short-term impact on price neutral to bearish. On the macro front, U.S. spot ETFs continue to see net outflows, and CPI data is due soon, weighing on sentiment toward risk assets. After the announcement, APT initially rose about 11%, then fell roughly 10% on the 12th, indicating that the market remains divided on how to price the reforms.
In the short term, watch the $0.80 psychological level and the 24-hour low of $0.76 as support. The $0.90 area is resistance, marking both the 24-hour high and a potential breakeven selling zone. The supply inflection point has passed (monthly issuance down 60%), and large internal sellers have exited—an improvement in the medium-term structure. However, the short-term price is still likely to track the broader market and macroeconomic data, so chasing the rally is not advisable. Strategy: wait for a pullback to $0.78–$0.80 to stabilize before assessing the strength of a rebound; if it falls below $0.76, stand aside for now.
Current price: $0.856, down 4.14% over 24 hours. The 24-hour range is $0.7613–$0.896, with approximately $19.77 million in trading volume. The price has rebounded noticeably from its intraday low, but remains down over 24 hours, trading sideways in the short term between $0.80 and $0.90.
1. On October 9, the Aptos Foundation announced tokenomics reforms: permanently locking and staking 210 million APT (with a commitment not to sell or distribute them), setting a hard cap of 2.1 billion tokens on total supply, reducing the annualized staking yield from 5.19% to 2.6%, raising gas fees tenfold and burning all fees, and exploring a buyback program. On-chain governance proposal #183 passed by a wide margin, with 335.2 million votes.
2. On October 12, the four-year internal vesting period officially ended. Monthly new issuance fell from 11.31 million tokens to 4.54 million, a decrease of about 60%, while annual issuance dropped from approximately 135.7 million to 54.5 million tokens. The final unlock (about 11.31 million tokens, worth around $9.5 million and equal to 0.64% of circulating supply) took place on the 12th.
3. On the technology front, a proposal for the MonoMove execution engine upgrade was introduced on October 6. Tests showed withdrawals becoming 55 times faster and throughput increasing 11-fold, with a mainnet launch targeted for 2027. Shelby, a decentralized data infrastructure project, entered private testing on October 7.
Although the supply-side reforms are positive for the long term, staking is still resulting in net issuance (the official dashboard estimates net monthly additions of about 1.4 million tokens, and burns would need to increase roughly ninefold to offset them), making the short-term impact on price neutral to bearish. On the macro front, U.S. spot ETFs continue to see net outflows, and CPI data is due soon, weighing on sentiment toward risk assets. After the announcement, APT initially rose about 11%, then fell roughly 10% on the 12th, indicating that the market remains divided on how to price the reforms.
In the short term, watch the $0.80 psychological level and the 24-hour low of $0.76 as support. The $0.90 area is resistance, marking both the 24-hour high and a potential breakeven selling zone. The supply inflection point has passed (monthly issuance down 60%), and large internal sellers have exited—an improvement in the medium-term structure. However, the short-term price is still likely to track the broader market and macroeconomic data, so chasing the rally is not advisable. Strategy: wait for a pullback to $0.78–$0.80 to stabilize before assessing the strength of a rebound; if it falls below $0.76, stand aside for now.