What to Know:
- ApeCoin gains 5M+ new users as volume doubles and 96% of traders turn bullish.
- Court rules APE and Bored Ape NFTs aren’t securities, clearing regulatory fears.
- OpenSea reunites with Yuga Labs; multi-chain launch boosts APE’s ecosystem.
ApeCoin ($APE) is back in the news. The token behind the Bored Ape Yacht Club is starting to come back to life. ApeCoin seems to be getting back into the swing of things. In the last 30 days, it has gained more than 5 million new users, its trading volume has doubled, and 96% of traders are now bullish.
Legal Clarity Brings Back Confidence
The biggest boost came earlier this month when a U.S. court ruled that ApeCoin and Bored Ape NFTs are not securities. The lawsuit, which had been hanging over Yuga Labs for more than a year, was dismissed. The judge said there was no proof that people were buying Apes as investments tied to Yuga’s success.
That ruling cleared up one of the biggest sources of fear in the ApeCoin community, the risk of regulatory action. Investors now feel safer holding APE, and the decision may even set a positive example for other NFT and crypto projects facing similar uncertainty.
Chuck Mounts, Yuga’s Chief DeFi Officer, called it “a big step toward restoring confidence.” And it shows in just a few days after the ruling, ApeCoin’s daily trading volume nearly doubled, and social sentiment flipped strongly positive.
Expansion Across Chains
Another key reason behind the APE momentum is its multi-chain expansion. ApeCoin has officially gone beyond Ethereum, launching on Solana, Arbitrum, and Hyperliquid under a new initiative called Project R.A.I.D.
This change makes transactions go faster, costs less, and gives APE more uses in gaming, DeFi, and cross-chain swaps. Now that Hyperliquid is available, APE can be used for liquidity farming on platforms like Orca and Jupiter.
APE holders can also earn up to 25% APY in staking rewards. Wallchain’s 100,000 APE airdrop has made things even more exciting. These changes suggest that ApeCoin is changing from a meme-era token into a useful asset that can be used on more than one blockchain.
The OpenSea x Yuga Reunion
Perhaps the most awaited comeback of all is the reunion between OpenSea and Yuga Labs. After parting ways during the NFT royalty debates, the two giants are back together. OpenSea has become the exclusive marketplace partner for Yuga’s collections, including Bored Ape Yacht Club, Otherside, and Mutant Ape Yacht Club.
In OpenSea’s words, “The Yacht Club is sailing home.” This partnership marks a return to the roots of NFT culture, when Yuga and OpenSea helped shape what digital ownership could mean. For ApeCoin, it’s more than nostalgia, it’s renewed trust, visibility, and momentum.
Community Hype
The ApeCoin community’s energy is back as well. Thousands of holders and fans are expected to come to ApeFest Vegas this week. The BAYC Poker Classic and limited-edition digital drops are also keeping people interested. The team also teased upcoming gaming partnerships and metaverse experiences, suggesting APE will have a bigger role in Web3 entertainment moving forward.
After the news is out, Apecoin price shot up by 4.78% percent in the last 24 hours and is steadily climbing up. At the time of writing ApeCoin price sits at $0.4279. $APE is still down more than 20% over the past week and nearly 30% in a month. Prices remain far below the 2022 peak, reminding investors that recovery won’t happen overnight.
The Bigger Picture
ApeCoin isn’t just going up; it’s also rebuilding. Yuga Labs and its supporters are in it for the long haul, as shown by the mix of clear laws, growth across multiple chains, and a revival of the community.
While traders try to make quick money, early movers are getting ready for what could be the start of ApeCoin’s second act. What about the rest of the market? Still waking up. The Apes say, “We’re just getting started.”
Also Read: Solana Price Holds Key Support as VanEck Updates Staking ETF Filing
