Aptos (APT) is currently trading at $0.8765, as of February 21, 2026, up 1.82% in the past 24 hours, with a 24-hour trading volume of $52.97 million, down 12.2% from the previous day. Over the past week, APT has risen 7.82%, holding near $0.87.
Declining Volume Hints at Seller Exhaustion
Crypto analyst Chris Md noted that APTis in the final phase of a multi-wave bearish Elliott Wave structure, currently trading below all major moving averages.
“Momentum indicators show oversold conditions, and RSI recovery from 35 suggests short-term relief is possible if support levels hold,” Chris Md said. Key technical levels for traders are resistance at $0.9080, $1.0180, and $1.2010, with support at $0.8600, $0.8200, and $0.7500.
Chart analysis on the 8-hour timeframe shows lower highs and lower lows, confirming the ongoing downtrend. While the trend remains bearish, declining volume during recent pullbacks indicates possible seller exhaustion.
If APT consolidates near $0.8600 and RSI climbs above 40–50, analysts suggest a corrective bounce could occur, targeting $1.0180, $1.2010, and $1.3500.
However, failure to hold $0.8600 may trigger a continuation of the downtrend, with $0.8200 and $0.7500 as potential bearish targets. Traders are advised to watch volume closely, as strong buying above $0.9080 would be required to shift the short-term structure bullish.
Aptos Foundation Introduces Major Tokenomics Overhaul
Separately, the Aptos Foundation has proposed major tokenomics changes aimed at reducing inflation and improving long-term token sustainability.
The plan sets a hard cap of 2.1 billion APT, with approximately 904 million tokens available for future distribution. Once the cap is reached, new issuance would stop, and validator rewards would primarily come from transaction fees.
Annual staking rewards are proposed to drop from 5.19% to 2.6%, with incentives for long-term stakers. Network fees would increase tenfold, though stablecoin transfers would remain extremely low, at about $0.00014 per transaction, and all gas fees would be burned, permanently removing tokens from circulation. Additionally, 210 million APT is slated for permanent staking to fund operations and potential buyback programs.
If approved, these changes could increase token scarcity, reduce inflationary pressures, and align Aptos with other major blockchain projects such as Aave and Uniswap that focus on sustainable tokenomics.
Also Read | Aptos APT Price Set to Soar: $10.50 Target in Sight!