According to David Tso (@davidtsocy) and highlighted by Jesse Pollak (@jessepollak), recent onchain developments have included a rise in Layer 2 adoption, the deployment of innovative DeFi protocols, and increased NFT trading volumes. These advancements have led to higher transaction throughput and reduced fees on major blockchains, directly impacting crypto trading strategies by enabling faster settlements and improved liquidity (source: Twitter, May 20, 2025). Traders are leveraging these changes to optimize arbitrage and yield farming, with notable growth in cross-chain interoperability also supporting new market opportunities.

According to MilkRoadDaily, onchain stablecoin volumes on Ethereum ($ETH) have reached a new all-time high, signaling increased market activity and liquidity in the DeFi ecosystem (source: Milk Road, May 16, 2025). This surge in stablecoin transactions on Ethereum indicates strong trader engagement and may lead to higher volatility and more trading opportunities across major crypto pairs. Additionally, Milk Road highlighted trending topics such as Internet Capital Market tokens and recent high-profile crypto schemes, providing actionable insights for active traders monitoring emerging market narratives (source: Milk Road, May 16, 2025).

According to Pedro Gomes (@pedrouid), the Pectra upgrade represents a major technical advancement for Ethereum, but its trading impact will truly be realized as wallets, apps, SDKs, and services like WalletConnect implement the new EIP-7702 standard (source: Twitter, May 7, 2025). Traders should monitor adoption rates of EIP-7702 by major wallet platforms, as this could drive increased network efficiency, spur on-chain activity, and potentially boost ETH transaction volumes. The upgrade highlights Ethereum's continuing evolution, which could lead to higher volatility and new trading opportunities in the short term as developers and users adjust to the new infrastructure.

According to @DruxAMB, the introduction of a ₦30k reward in $RUSSELL for onboarding to the Base platform could increase onchain activity. This incentive aims to attract new users by offering tangible rewards, which might lead to increased trading volume and liquidity in the $RUSSELL market. Such initiatives are crucial for expanding user bases and encouraging participation in decentralized finance ecosystems.

According to @jessepollak, Coinbase Wallet aims to facilitate viral growth for apps, coins, and content, enhancing trading opportunities by increasing onchain activity. This strategy could potentially expand user engagement, offering traders new markets and liquidity sources as more users adopt blockchain technologies.