The recent surge in Aptos (APT) token prices, alongside a remarkable increase in stablecoin liquidity, highlights the growing momentum of the Aptos blockchain. On the back of Bitcoin’s resurgence, APT has seen gains of nearly 17%, reaching a peak of $5.07. This development comes as Aptos Labs and Jump Crypto roll out new innovations aimed at enhancing its infrastructure for decentralized applications, further solidifying its position in the competitive blockchain landscape.
Stablecoin Supply Nears Record Levels of $1.2 Billion
As the overall market sentiment has influenced the rebound of Aptos, network-related growth has surfaced as a primary catalyst. Data shared by Token Terminal indicates that the stablecoin supply on Aptos has skyrocketed from $430 million in December 2024 to nearly $1.2 billion, marking a historical high.
This surge has been attributed to major stablecoins like Tether (USDT) and USD Coin (USDC), which have significantly contributed to the liquidity within the network. Notably, this milestone echoes the robust network activity witnessed in May 2025.
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
A notable uptick in APT prices has also been registered following Wyoming’s decision to test a stablecoin pilot, WYST, on the Aptos blockchain. This momentum hints at the potential for further price increases as adoption of the platform continues to grow, coinciding with optimistic updates concerning Aptos.
Meanwhile, transaction fees on the network have fallen to an impressive average of $0.0005, reinforcing its appeal among users.
Launch of Shelby by Jump Crypto and Aptos Labs
Adding to the positive sentiment around Aptos, Aptos Labs, in partnership with Jump Crypto, has announced the forthcoming launch of Shelby, a decentralized hot storage protocol explicitly designed for high-frequency web3 workloads. The development was revealed on June 24, 2025.
Shelby takes advantage of Aptos’ 600 ms finality and ultra-low gas fees to provide cloud-speed storage optimized for applications such as streaming video, AI pipelines, and decentralized physical infrastructures (DePIN).
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— Aptos Labs (@AptosLabs) June 24, 2025
The protocol is chain-agnostic and plans to support both Ethereum and Solana, attracting early interest from brands such as Metaplex and Story Protocol. According to Aptos Labs’ X account, Shelby aims to deliver web2 performance with web3 transparency, positioning Aptos as a frontrunner in scalable infrastructure.
“Web3 wasn’t intended to run on Web2 infrastructure. Its potential to create value through data has been limited. That ends now. ShelbyServes is a decentralized hot storage protocol designed to serve real-time data and reward it,” stated Aptos Labs.
The capacity for Shelby to enhance cross-chain adoption could be vital for Aptos, with a developer-focused devnet anticipated for release in Q4 2025.
