Farcaster was acquired, Lens changed hands, platforms shut down one after another—on the surface, decentralized social appears to be declining, but the underlying data of identity, wallets, and prediction markets tell a completely different story. This article originates from an article written by Mask Network and has been edited and translated by Blockchain.News. (Previous recap: What is Terafab? Musk says global chip shortage needs 2%, how to build a factory "bigger than TSMC"?) (Background supplement: 72 hours before fleeing Tehran: $200 exchanged for 160 million in cash, Iran's fiat currency collapse and the real demand for stablecoins) Table of Contents Toggle Macro market: DID increases 18 times in a decade Identity data: The real user profile behind 17.76 million mappings User spectrum: 1% deep participation vs 20% identity reserve N

OTHER/BTC tested historic support while RSI reached extreme lows. AURA and MASK show stabilization within DeFi and infrastructure segments. TROLL and PEPE reflect compressed meme-token volatility near support. For the first time since 2021, the OTHER/BTC chart has tested a

XMTP has announced a new strategic partnership with Mask Network that has the potential to dramatically improve the ability to communicate across decentralized social media platforms. As DeSoc continues to evolve rapidly, communication between users has become increasingly fragmented across

Bitcoin’s sharp rallies mask a deeper bear market that could end in a brutal crash, as speculative optimism fades, corporate exposure grows riskier, and digital gold narratives unravel, according to longtime crypto critic Peter Schiff. Bitcoin Rallies Are Traps, Peter Schiff Says, ‘Sell the

The crypto market has been locked in a deep, prolonged winter since early 2025, but signs suggest the downturn may be closer to its end as institutional flows mask pain, retail capitulates and sentiment reaches classic late-stage extremes. Bitwise Predicts Crypto Winter Ending Soon, Setting up

Farcaster co-founder Dan Romero announced that Neynar will acquire the Farcaster app, protocol, and Clanker tech stack. The day before, Lens protocol management rights were transferred to Mask Network. The simultaneous handovers mark a new phase in on-chain social, with Vitalik strongly supporting the change, emphasizing the need for teams genuinely interested in social engagement rather than pursuing short-term speculation.

Summary BTC and ETH retraced and recovered from lows; risk-averse sentiment among funds increased, flowing into tokenized commodities, payments, and privacy-focused blue-chip sectors. Solayer established a $35 million ecosystem fund to accelerate the deployment of high-performance on-chain applications. Ondo expanded to Solana, adding tokenized stocks and ETF assets. Vitalik proposed a native Ethereum DVT solution; Mask Network took over the Lens protocol. Ark Invest's "Big Ideas 2026" report predicts that by 2030, the total crypto market cap will reach $28 trillion, with Bitcoin price around $762,000. Market Analysis Market Commentary BTC Market — Over the past week, BTC stabilized after a rapid decline, with the price

Decentralized social protocols Lens and Farcaster have successively changed managers, marking a shift in the industry from technical development to user operation. Mask Network took over Lens, emphasizing product development, while Neynar's takeover of Farcaster continues the ecosystem infrastructure. These changes reflect that decentralized social platforms require more professional product operations to achieve ecological prosperity. Although the market's response has been pessimistic, industry experts believe that the protocols still possess resilience.