$APT Bullish momentum dominates after Aptos Labs and Jump Crypto unveiled Shelby (June 24) – a decentralized cloud storage protocol targeting AI/DePIN use cases. APT rallied 36% in 24 hours, with traders now eyeing $5.20–$7

.40 (SashawhyN). However, bearish concerns linger:

- Competition: Solana/Sui rivalry in scalable Layer 1s

- Token unlocks: 32.5% of supply remains to be unlocked by 2028

Shelby’s potential: Chain-agnostic design (Ethereum/Solana compatible), sub-second data access, and edge caching for streaming/AI

DeFi growth: Stablecoin market cap doubled YTD to $1.4B; weekly active addresses rebounded to ~1M