On-chain data tells two very different stories. On one hand, the Total Value Locked (TVL) has dropped by 5.98% to $1.443 billion, signaling some capital outflows from long-term protocols.
At the same time, DEX activity has exploded, with 24-hour volume hitting $165.7 million and weekly volume rising by over 26%.
This jump shows that short-term speculation and trading activity are heating up.
Therefore, while long-term yield participation weakens, active liquidity remains vibrant, offering potential fuel for a near-term recovery—if broader market confidence returns.Aptos is gaining developer and trader momentum, but the price still lags. Bulls must reclaim the $5–$5.5 zone to break free.
Until then, increased leverage, spot demand, and DEX flows may keep things active, but without broader conviction, a lasting reversal remains out of reach.
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