Aptos sinks 30% to $0.61 all-time low as active users collapse

Aptos (APT) hit a new all-time low of $0.61 on June 7, extending its weekly decline past 30% despite 1.7 billion network transactions.

APT fell 30% to a record low of $0.61 on June 7, with daily active users dropping to 68,800 from over 1 million earlier this year.

The divergence between transaction throughput and user engagement has widened to its largest gap on record, network data show. Daily transactions on Aptos rose to between 15 million and 19 million in recent weeks, up from 5 million to 7 million earlier this year, while daily active users fell to 68,800 from more than 1 million.

The breakdown below the $0.82 support level — a zone that had attracted buyers since February — triggered accelerated selling. Chaikin Money Flow remains below zero and continues to trend lower, pointing to sustained capital outflows. The Gaussian channel has also turned bearish, confirming the downside momentum.

With APT now trading in price discovery on the downside, the next support lies at the $0.60 psychological level, with a potential move toward $0.50 if selling pressure persists. A recovery above $0.82 would be needed to shift the trend, with resistance at $0.95 and then $1.15.

The selloff highlights a growing decoupling between on-chain activity and token price. While Aptos has processed more than 1.7 billion transactions over the past 180 days — a figure that rivals established Layer 1 networks such as Solana — the collapse in active users suggests a small cohort of applications or automated processes may be driving the bulk of network activity rather than organic user growth. The network's high transaction throughput, enabled by its Move-based architecture, can inflate transaction counts through bot activity and spam without corresponding user adoption. This pattern has been observed on other high-throughput chains where transaction volume and user growth have diverged.

Token supply dynamics may also be weighing on price. Aptos has faced periodic token unlocks since its mainnet launch, with early investors and team allocations gradually entering circulation. The combination of declining user participation and ongoing supply inflation creates a challenging environment for price recovery, particularly as Bitcoin dominance remains elevated above 55 percent, drawing capital away from altcoins across the market.

For a sustained turnaround, APT would need to reclaim the $0.82 level as support and attract renewed buying interest, evidenced by a CMF move above zero. Until then, the broader trend remains bearish, and any short-term bounces are likely to face selling pressure near resistance zones. The next major catalyst for Aptos could be its scheduled network upgrades or new ecosystem partnerships, though no specific dates have been announced.

This article is for informational purposes only and does not constitute investment advice.