APT Surges 10% as 11.31M Token Unlock Puts Bulls Under Pressure

- APT surged 10%, supported by stronger network activity, RWA flows, and reduced token supply.
- Aptos burned 1.523 million APT last month, strengthening the supply reduction narrative.
- An upcoming 11.31 million APT unlock could increase selling pressure and challenge bulls.
Aptos โ APT, has suddenly grabbed traders' attention after jumping more than 10% in 24 hours. Daily trading volume also climbed above $109 million during the move. Strong network activity and token burns have added fuel behind the rally. However, bulls now face a major test as 11.31 million APT tokens approach the market. The upcoming unlock could increase selling pressure just as buyers target higher resistance levels.
Aptos Supply Crunch Supports the Latest Rally
Aptos has gained momentum from more than just a technical breakout. The network has experienced stronger activity alongside rising real-world asset flows. RWA net flows reached $145 million during the past seven days. That placed Aptos second behind Ethereum, which recorded $149 million. Transaction activity also points toward renewed interest across the Aptos network. Active addresses reached 57,047 on September 3.
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