- Despite Bitcoin’s price stability, altcoins are retracing sharply due to excessive leverage and speculative unwinding.
- SEI, SUI, and STRK are seeing declining ecosystem metrics, leading to 18–22% weekly price drops.
- BLUR and APT are underperforming due to NFT slowdown and weak DeFi activity, showing cracks in speculative altcoin sectors.
Bitcoin is holding firm near the $120,000 level, but altcoins are showing signs of stress, with multiple tokens suffering double-digit declines. The downturn is being attributed to excessive leverage, liquidations, and profit-taking in speculative sectors following a multi-week altcoin run-up. Five major altcoins: Sei (SEI), Sui (SUI), Blur (BLUR), Aptos (APT), and Starknet (STRK) have all recorded weekly losses exceeding 18%, highlighting the growing volatility in mid-cap markets.
Sei (SEI): Drops Over 21% as Early Gains Unwind and Volume Thins
Current price: $0.3179
Market price: $1.83B
SEI is down more than 21% over the past seven days, reversing its previous rally as derivatives markets see heavy unwinding of long positions. Analysts point to declining DEX activity and fading Layer-1 narrative momentum, which are contributing to its underperformance this week. Despite being an innovative project in the modular blockchain space, SEI appears highly vulnerable to shifts in trader sentiment and short-term rotations.
Sui (SUI): Ecosystem Momentum Cools After Sharp 18.7% Pullback
Current price: $3.66
Market price: $12.67B
SUI posted a loss of nearly 19%, driven by a drop in TVL and reduced speculation across Move-based Layer-1 platforms. The token, which had gained attention from developers and meme communities alike, is now facing a cool-off phase after an extended upside move.
While the long-term outlook for Sui remains remarkable, the current dip reflects concerns around the sustainability of short-term hype.
Blur (BLUR): NFT Market Correction Sends BLUR Down 22%
Current price: $0.1004
Market price: $244.59M
BLUR dropped 22% this week as NFT floor prices and marketplace activity weakened across Ethereum-based collections.
As NFT trading slows and incentives wind down, BLUR’s role as a profitable trading token is being questioned by speculative holders.
The token remains exceptional in NFT infrastructure, but its price action reflects deep dependency on volatile user behavior and airdrop dynamics.
Aptos (APT): Weak DeFi Growth and Liquidations Drag Price Lower
Current price: $4.66
Market price: $3.04B
APT saw a weekly decline of 19.4%, largely due to forced liquidations and weak follow-through in DeFi activity on the Aptos chain. Despite high throughput and investor funding, Aptos is now being viewed as overextended amid lackluster user metrics and ecosystem stagnation. Market data shows decreased wallet activity, making APT’s price action vulnerable in a market increasingly favoring active Layer-1s.
Starknet (STRK): ZK-Rollup Hype Fades, Leading to 20% Price Decline
Current price: $0.1284
Market price: $461.78M
STRK fell by more than 20% this week after ZK-rollup hype lost steam and early airdrop recipients began offloading tokens. Although Starknet offers revolutionary Ethereum scaling technology, the market is rebalancing from its prior overvaluation. Analysts note that STRK’s tokenomics and unlock schedules could place continued pressure on price over the coming weeks.
