Aptos surged by over 10% in 24 hours, with daily trading volume exceeding $109 million. RWA net flows drove the network activity, with Aptos ranking second at $145 million, just behind Ethereum. The burning mechanism removed 1.523 million APT tokens in 30 days, with an annualized burn rate of 1.8 million tokens. However, a token unlock of 11.31 million APT, worth $6.88 million and equivalent to 0.65% of the released supply, is scheduled in a week, posing a significant downside risk that could offset recent gains.
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