As per Cryptofrontnews, Aptos is facing growing scrutiny as its total value locked (TVL) falls below $650 million and daily network revenue slows to $1.4K, raising concerns about the blockchain's long-term sustainability. The APT token, valued at $3.7B fully diluted, is seen as overvalued amid declining liquidity, shrinking user activity, and weak on-chain earnings. According to CryptoCondom on X, the chain lacks a competitive moat and is struggling to maintain investor confidence, with APT's price down 61% year-to-date.
Aptos Ecosystem Struggles as TVL Drops Below $650M and Daily Revenue Slows
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