Aptos Burns 174,000 APT In A Month, Yet Token Supply Keeps Rising

Aptos Burns 174,000 APT In A Month, Yet Token Supply Keeps Rising

Summary

Aptos burned about 174,570 APT through transaction fees over 30 days, while gross staking emissions were roughly 1.5 million APT monthly. Burns therefore reduced, but did not outweigh, issuance: net supply grew by around 1.4 million APT. With average transaction fees near $0.0006, substantial activity is needed for burns to materially affect supply. Token prices also depend on factors including unlocks, demand, staking and wider market conditions.