ChainCatcher news, Swiss bank Sygnum stated that with the improvement of digital asset regulation and increased user participation, altcoins are expected to rebound in the second quarter of 2025. Although Bitcoin's market dominance reached a four-year high in April, Sygnum believes that regulatory progress in the U.S., such as President Trump's establishment of a digital asset reserve and the advancement of stablecoin regulation, could drive broader cryptocurrency adoption. Sygnum expects that protocols that successfully engage users will outperform the market, while Bitcoin's dominance may decline. The market's increased focus on economic value has intensified competition, driving better product development, which will ultimately benefit consumers. The report noted that while high-performance blockchains address the limitations of Bitcoin, Ethereum, and Solana, they still face challenges in achieving widespread adoption and revenue.

ChainCatcher news, the user engagement of the decentralized social media protocol Farcaster has reached an all-time high, with the number of independent casters exceeding 73,700 last week, reaching a historical peak. The protocol has generated 611.03 ETH in revenue.One possible reason for the surge in users is the announcement by founder Dan Romer that they are developing a new tool for in-app payments using USDC. This feature aims to address the long-standing issue of having to look up someone's alphanumeric wallet address and allows users to send directly via Farcaster ID.