Aptos User Growth Collapses as Active Addresses Drop 40%

Aptos User Growth Collapses as Active Addresses Drop 40%

In Summary

  • Aptos has not yet issued a statement addressing the decline.
  • Aptos active addresses fall over 40% since February peak
  • New addresses plunge more than 80% during the same period
  • Data points to weak long-term user retention
  • APT token price down 35% amid engagement slump


Catenaa, Saturday, May 03, 2025-Aptos has seen a sharp collapse in user engagement, with active and new addresses plunging over 40% and 80% respectively since peaking in February, according to publicly available reports.1

The seven-day moving average of active addresses fell to roughly 644,000, the lowest level since November 2024. The number of new addresses similarly peaked at 525,000 on Feb. 1 but has since cratered by more than 80%. 

The steep declines suggest the earlier rise in user activity, spanning August 2024 to February 2025, was fueled largely by newly created addresses that failed to sustain long-term engagement. Analysts point to low-value activity such as bots, airdrop farmers, and opportunistic participants rather than genuine users. 

The APT token has mirrored the drop, falling more than 35% in value since Feb. 1. 

The findings highlight concerns over the stickiness of user growth on emerging blockchain platforms. Despite the initial momentum, Aptos appears to struggle with retaining meaningful user engagement, potentially threatening its longer-term viability. 

The trends also reflect broader challenges facing smaller blockchain ecosystems as competition intensifies and users demand more value beyond speculative opportunities. 

Sources
  1. www.theblock.co: https://www.theblock.co/post/351380/user-growth-on-aptos-proves-fleeting-as-active-and-new-addresses-plunge-over-40[↩]
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