Despite Stablecoin Surge, APT Price Slides Amidst Weak Momentum

Although Aptos’ stablecoin activity has skyrocketed, pushing it ahead of Ethereum in market cap, the APT price remains sluggish. Recent analysis shows a notable decline of around 11% over the past week, fueled by selling pressure and declining trading volume. This suggests that while the Aptos ecosystem enjoys significant growth, translating this into price gains is proving challenging. Our latest analysis dives deeper into this complex situation.