According to @sns, decentralized social platform Farcaster has officially launched on Solana, backed by SNS as the primary sponsor. SNS distributed $10,000 in SOL directly to 10,000 users, with notifications already sent out to recipients (source: @sns on Twitter, May 22, 2025). This direct token distribution demonstrates growing support for Solana ecosystem apps and could spur increased user activity and DeFi interactions on Solana, potentially driving short-term demand for both SOL and SNS-related assets.

According to Cookie DAO (@cookiedotfun), over 13,000 Cookie Snaps invites have already been sent out and accepted, indicating significant early traction for the Cookie Snaps ecosystem. This rapid user adoption is seen as a bullish indicator for the COOKIE token, with increased community engagement likely to drive on-chain activity and token demand. Analysts note that early-stage user growth in DeFi projects often correlates with price momentum and trading opportunities, making COOKIE a token to watch for active traders seeking exposure to trending social and community-driven crypto projects (source: @cookiedotfun, May 22, 2025).

According to @binji_x, as shared by @pedrouid, the Ethereum Merge was a protocol-centric update, while the upcoming Pectra upgrade is designed to directly benefit users by improving transaction efficiency and scalability (source: Twitter, May 16, 2025). For traders, this signals potential for increased network activity, lower fees, and greater DeFi participation, which could lead to higher ETH trading volumes and price volatility tied to upgrade adoption. Monitoring the rollout and user response to Pectra is critical for capturing trading opportunities around Ethereum’s ecosystem growth.