Aptos blockchain burned 174,100 APT tokens in the past 30 days, accelerating its total burn to 1.9 million since launch. This increase is driven by a tenfold rise in gas fees, which boosts token burning from transaction fees. However, staking rewards mint about 1.5 million new APT monthly, outpacing the burn rate and causing net supply growth of roughly 1.4 million APT per month. For investors, this means the token supply remains inflationary, potentially diluting value unless on-chain activity rises significantly to increase burns further.
Aptos token burn activity provides context for cryptocurrency market trends. For readers following digital assets, here is Pluang's market snapshot as of Oct 17, 2026 09:21 WIB: Among 50 major cryptocurrencies priced on Pluang, 13 rose and 36 fell today. Notable movers include AAVE at Rp2.776.763 with a 1-day change of -2.46% and a typical hold time of 106 days, ONE at Rp27 with a -2.43% change and 152 days hold time, and MANA at Rp1.584 with a -2.34% change and 156 days hold time. Pluang order activity shows varied buy/sell splits across these assets.
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Google's new Willow quantum chip significantly reduces errors in preparing 'magic states,' a crucial step in quantum computing that could eventually break Bitcoin wallet security. The chip achieves about 99.99% fidelity in these states but only succe...
