The Aptos [APT] stablecoin supply grew from $430M in late December 2024 to almost $1.13B

The Aptos [APT] stablecoin supply grew from $430M in late December 2024 to almost $1.13B in May 2025.

The Aptos [APT] stablecoin supply saw a nearly 3X rise in five months, indicating rapid growth on the chain.

According to Token Terminal data, the Aptos stablecoin supply grew from $430M in late December 2024 to almost $1.13B in May 2025.

The five months of activity on the Aptos chain led to a nearly 3X rise, showing the rapid growth on the chain.

Among the stablecoins, USDT was early to move, but in March 2025, USDC’s growth spiked as institutions became more involved. At the time, the U.S. political parties were receiving roughly the same support, about $565M each.

The surge in these protocols can be an indication of more DeFi projects, greater interest in liquidity or upcoming connections with other services.

Even though stablecoin supply doesn’t always affect price, steady growth in stablecoin supply tends to happen before broader use, which may favor APT in the long run.

APT price action and liquidation impact

Taking a look at the price action, the Order Block (OB) at $4.59 provided strong support for APT, which bounced and went on to surge strongly after the Fair Value Gap (FVG) was filled.

After the support at $5.80 was breached, the price of Aptos saw an increase of about 9% in a day.

If the upward pressure does not weaken, APT may hit $6.13 again, with another focus on $7.60. Further gains could take price to $10 which was a high supply resistance, though it had been a tough opposition point before.

If APT closes below $5.20, it could move back into the OB zone. If selling drops below $4.92, it could stop the bullish trend.

As a result, the pattern showed momentum was strong on the bullish side, yet bulls must confirm the break above $6.13 to maintain an upward trend.

Meanwhile, the map from APT Liquidation showed that there were many advisors holding heavily leveraged positions close to the price of $5.90.

APT might see a rapid price increase if it breaks above $6.00, which could lead to a strong short squeeze.

Alternatively, if APT falls below $5.30, sellers might trigger a sell order, creating additional selling. The volatility was due to leveraged positions congregated near these price levels.

At any rate, the two zones around $6.00 and $5.30 demonstrated why traders needed to pay close attention to the manner in which prices interact there.

Whale accumulation action surges

The addresses that held APT that were more than 100K were buying.

Since early 2025 until the end of the year, these large holders increased their portfolio by a combined total of 17.5 million APT, from 132.5 million to 150 million tokens.

Such a clear focus in a few areas could show that bourses had strong long-term views or preferred strategies which could change the position and stability of prices. Yet, trouble may occur if whales sold their APT.

This trend reflected greater demand from institutional or wealthy individuals for APT, which could steer future market trends by how they proceed.