Aptos Stablecoin Supply Triples to $1.13 Billion in Five Months

The stablecoin supply on the Aptos blockchain experienced a significant surge, growing from $430 million in late December 2024 to nearly $1.13 billion by May 2025. This rapid expansion, amounting to a nearly threefold increase in just five months, indicates a robust growth trajectory for the platform. The surge in stablecoin supply is often seen as a precursor to broader adoption and increased activity within the ecosystem, which could bode well for the long-term prospects of Aptos.

The growth in stablecoin supply was not limited to Aptos alone. USDC, another prominent stablecoin, also saw a spike in growth in March 2025, driven by increased institutional involvement. This trend suggests a broader shift in the market, with institutions playing a more active role in the stablecoin ecosystem. The political landscape at the time was relatively balanced, with both major U.S. political parties receiving roughly equal support, indicating a stable environment for market growth.

The surge in stablecoin supply on these protocols can be interpreted as a sign of growing interest in decentralized finance (DeFi) projects, increased liquidity, or upcoming integrations with other services. This heightened activity could lead to more DeFi projects being developed on the Aptos blockchain, further enhancing its ecosystem and attracting more users and developers.

While stablecoin supply does not always directly impact the price of the native token, steady growth in stablecoin supply often precedes broader use and adoption. This could be beneficial for Aptos in the long run, as increased usage and liquidity tend to support higher token prices. The price of Aptos (APT) experienced a notable surge, rising by approximately 9% in a single day after finding strong support at $5.00 and tapping into the Order Block at $4.50. This price action indicates a bullish sentiment among traders and investors, with the potential for further gains if the upward momentum continues.

If the upward pressure on APT's price does not weaken, it could reach $6.13 again, with another focus on $7.60. Further gains could push the price towards $10, which has historically been a high supply resistance level. However, this level has proven to be a tough opposition point in the past, and breaking through it would require sustained bullish momentum. On the other hand, if APT closes below $5.20, it could move back into the Order Block zone, and if selling drops below $4.92, it could halt the bullish trend. The pattern suggests strong momentum on the bullish side, but bulls must confirm the break above $6.13 to maintain the upward trend.

Meanwhile, the liquidation map for APT showed that many advisors were holding heavily leveraged positions close to the price of $5.90. If APT breaks above $6.00, it could trigger a rapid price increase and a strong short squeeze. Conversely, if APT falls below $5.30, sellers might trigger a sell order, creating additional selling pressure. The volatility in APT's price is due to the concentration of leveraged positions near these price levels, highlighting the importance of monitoring price interactions in these zones.

Additionally, there has been a surge in whale accumulation, with addresses holding more than 100,000 APT tokens actively buying. From early 2025 to the end of the year, these large holders increased their portfolios by a combined total of 17.5 million APT, from 132.5 million to 150 million tokens. This trend indicates a strong long-term view or preferred strategies among these large holders, which could influence the position and stability of APT's price. However, if whales were to sell their APT holdings, it could potentially disrupt the market and lead to price volatility.

Overall, the surge in stablecoin supply on the Aptos blockchain, coupled with the bullish price action and whale accumulation, suggests a positive outlook for APT. The growing interest in DeFi projects, increased liquidity, and potential integrations with other services could further drive the adoption and usage of Aptos, supporting higher token prices in the long run. However, traders and investors should remain cautious and monitor price interactions in key zones to navigate the market effectively.