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.