AmnisFinance Staking Sees a 25%+ Surge! But What’s the Bigger Picture?
Since the start of 2024, the total staked APT on AmnisFinance has grown by over 25%!
On January 30, 2024, the staked amount stood at 27M+ APT.
Now, it has surpassed 34.2M APT!
What Does This Really Mean?
While a rising staking volume often signals growing confidence, we need to assess this in the context of APT’s price decline since the start of the year.
Increased Staking = Lower Circulating Supply
More APT being locked up reduces available supply, which can be bullish in the long run.
Confidence or Strategic Staking?
Higher staking could indicate trust in Amnis Finance, but it’s also possible that users are seeking yield to offset losses rather than making a bullish bet on APT itself.
Yield Optimization in a Bearish Market
With APT’s price down, more investors may be staking to maximize passive income while waiting for a market recovery.
Final Takeaway
The rise in staked APT is a positive development, but it doesn’t necessarily reflect direct confidence in APT’s price action. Instead, it could be a strategic move to secure rewards amid market uncertainty.
What’s your view—bullish signal or just smart staking?