$APT Aptos is structurally weak right now. The price has bled from mid‑single digits to around 1.6-1.7 USD with heavy downside all year, as volumes shrinks.

This kind of grind down plus fading volume is very similar to how KDA & other “VC L1s” decayed once narrative & fresh inflows dried up.

Apt founder Mo Shaikh stepped down as Aptos Labs CEO to start a new chapter, though staying on as an advisor. But a founding father leaving from his project early hurts confidence with retail & some funds, which makes harder to sustain a strong long‑term narrative.

Not forgetting Repeated unlocks into weak demand mechanically add sell pressure, which matches the pattern of steady price compression we see in 2025.

For a reversal, Apt needs a real user growth on, clear killer apps, evidence of reduced effective sell pressure from unlocks, & a proof which the new leadership can attract fresh ecosystem capital rather than just rotating existing VC bags.