According to Pedro Gomes on Twitter, WalletConnect is at the forefront of the new onchain internet era, emphasizing user choice, control, and composability. The upcoming launch of WCT (WalletConnect Token) is expected to enable billions of secure and seamless connections worldwide, suggesting a significant increase in onchain activity and user onboarding. For crypto traders, this development signals potential surges in user engagement, transaction volumes, and utility for WalletConnect-integrated tokens and DeFi protocols. Source: Pedro Gomes on Twitter (May 11, 2025).

According to @jessepollak, Base has become the largest single customer of Ethereum, contributing significant value and helping onboard millions of users and tens of thousands of developers onchain (source: Twitter/@jessepollak). This strong partnership highlights Ethereum's increasing adoption through layer-2 scaling solutions like Base, which boosts network activity and transaction volume. For traders, this signals ongoing demand for ETH and related ecosystem tokens, supporting positive sentiment and liquidity in the cryptocurrency market.

According to Milk Road (@MilkRoadDaily), the Dune Index, which aggregates fees, transfer volume, and transaction count, has displayed consistent onchain adoption growth since 2021. Each decline in the index has aligned closely with broader market corrections. The current dip in the index mirrors the patterns observed during the 2023 and 2024 corrections, suggesting a cyclical trend. Traders should note that previous similar dips were followed by significant recoveries, indicating a potential opportunity if historical trends persist (source: Milk Road on Twitter, May 4, 2025).

According to jesse.base.eth on Twitter, the Base Batches kickoff event will begin in 45 minutes, featuring insights on how builders are expected to accelerate global onchain adoption. This event highlights Base's focus on expanding its ecosystem, which could influence trading volumes and user activity on Base-based tokens and DeFi projects (source: twitter.com/jessepollak/status/1915779415684047257). Traders should monitor announcements from the event for potential changes in Base's roadmap or new partnership integrations that could create volatility in related assets.

According to paulgrewal.eth, they have successfully resolved SEC disclosure comments without requiring restatements or amendments, enhancing investor confidence. This resolution could potentially increase market activity as the company's focus remains on onboarding the next billion users onchain, which might influence trading volumes positively.

According to Milk Road, onchain adoption is expanding beyond the Ethereum ecosystem, presenting new opportunities for traders and investors. A recent report by Milk Road provides insights on how to capitalize on this growth, suggesting a strategic approach to diversifying investments across different blockchain platforms.