APT surged 36%, from $3.66 to $5.01, within 24 hrs.
Spike followed news of Shelby, Web3’s “hot” cloud storage protocol.
Shelby targets AI, streaming, DePIN with low-latency, chain‑agnostic design.
Aptos Pumps on Shelby Announcement
APT saw a massive 36% price increase in under 24 hours after Aptos Labs and Jump Crypto unveiled Shelby, a new decentralized cloud storage protocol. Designed for next-gen Web3 infrastructure, Shelby focuses on delivering lightning-fast “hot” storage for data-intensive uses like AI, streaming, and decentralized physical infrastructure networks (DePIN).
What Is Shelby?
Shelby aims to solve one of Web3’s most persistent problems—reliable, high-speed data access—by combining decentralized storage with cloud-like performance. The protocol features:
Sub-second data access via global edge caching and a fiber backbone.
Smart contract integration for token-gated access and content monetization.
Chain-agnostic design with native Aptos support but compatibility across ecosystems like Ethereum and Solana.
By offering both performance and programmability, Shelby positions itself as a key foundation for AI pipelines, live media feeds, and tokenized data flows.
$APT (@Aptos) pumped over 36%, from $3.66 to $5.01 in less than 24 hours.
The move came after Aptos Labs and Jump Crypto announced Shelby, a decentralized cloud storage network built for Web3, AI, and DePIN apps. pic.twitter.com/X0sznq7NMc
— Satoshi Club (@esatoshiclub) June 24, 2025
Impact on the Ecosystem
Infrastructure leap: Shelby’s launch puts Aptos at the center of a decentralized storage arms race, rivaling centralized giants.
Market response: APT’s 36% pump reflects strong investor confidence and growing recognition of the Aptos ecosystem’s long-term potential.
Developer tools incoming: A devnet release is scheduled for Q4 2025, followed by a public testnet—bringing new apps and services closer to launch.
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