Farcaster clarifies continued operation with a stable monthly active user base of 250,000

2026-01-23 08:20:11

Abstract generation in progress

【Crypto World】Recently, Farcaster was rumored to be shutting down, but co-founder Dan Romero directly refuted these rumors. This decentralized social protocol is not only doing well but also steadily growing.

Data shows that by December 2025, the monthly active users will reach 250,000, with over 100,000 recharge wallets. Although the user base may not seem particularly large, it precisely demonstrates the project’s ongoing vitality—an unviable project would have been eliminated by the market long ago.

It is worth noting that Farcaster is transitioning to a developer-oriented startup called Neynar, which will be responsible for the main operations. This strategic adjustment indicates that the project team has a clearer understanding of its positioning—focusing on the protocol layer and entrusting ecosystem development to a professional team.

There is also big news on the fundraising front. Merkle raised $180 million in this round, but the co-founder stated that all of this money will be returned to investors. As for Dan Romero’s recent house purchase funds? Those came from funds raised during a major exchange’s IPO period, which is entirely unrelated—there’s no misappropriation of project funds.

Overall, Farcaster’s survival status is much more stable than rumors suggest, and the ecosystem transition is proceeding smoothly.

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StablecoinEnjoyer

· 01-26 02:26

250,000 monthly active users sounds quite solid, much healthier than I expected. The key is that as long as you can stay alive, you're winning. Truly, projects don't die.

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ruggedSoBadLMAO

· 01-25 22:07

250,000 monthly active users? Oh my, this number looks a bit bleak, haha --- Another rumor about "closing down." This circle is like this every day. So annoying. --- I just want to know if Neynar can really turn things around after taking over, or else it's all just talk. --- Recharge wallet with 100,000+? Feels still too little. If it couldn't survive, it would have been gone long ago. --- Huh, the protocol layer builds its own ecosystem but hands it over to others. This trick sounds pretty clever. --- 180 million in funding? Does anyone really believe in this stuff? --- Wait, are 250,000 active users real? I feel like only a few thousand are actually playing.

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ProxyCollector

· 01-25 10:24

Again with this kind of rumor, every time it's the same closure theory, so annoying --- Feeling like 250,000 monthly active users is still too niche, when will it break a million? --- Neynar taking over operations is a decent move, the idea of separating protocol layer and application layer makes sense --- 10,000 recharge wallets, no matter how you look at these numbers, they’re not very optimistic --- Spilling the tea, there’s actually such a thing as raising 180 million, where are the details? Just give the full version --- Actually, 250,000 active users is pretty good for decentralized social, much better than most small crypto projects --- Dan is back at it, this guy just can’t sit still --- Handing over to Neynar feels like a hands-off approach, can they really do a good job? --- I just want to know how they’re going to spend this 180 million, don’t burn through it again --- Honestly, Farcaster’s stuff doesn’t have much appeal to ordinary users, still too early

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LiquiditySurfer

· 01-23 08:50

Stay calm, stay calm. 250,000 active users can support such a large financing pool. The protocol layer separation trick is really clever... It’s a bit like a liquidity splitting strategy when market depth is insufficient, allowing professional teams to optimize the ecosystem’s capital efficiency. There’s definitely some skill involved in this move.

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WagmiOrRekt

· 01-23 08:49

250,000 monthly active users, and you still have the nerve to boast? I'm just speaking the truth—social in the crypto world really has a ceiling. --- Another strategy adjustment and transition, it sounds like an excuse for a downturn. --- Neynar taking over operations, is that smart or just passing the buck? We’ll have to wait and see. --- $180 million in funding is impressive, but can it really be used effectively? --- Oh, so 250,000 is called "sustained vitality"? Then I need to redefine what success means for a project. --- Calling out rumors is fine, but data is the real proof. What does it really show?

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RektButStillHere

· 01-23 08:48

Ha, 250,000 monthly active users and still bragging? Give me a break, that's more than any county town on Twitter in daily active users. It's the same old story, with the professional team divided on the protocol layer—just listen to it. When it really comes down to critical moments, they’ll just pass the buck. 180 million in funding sounds impressive, but the real question is, how many months can they sustain with that?

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MultiSigFailMaster

· 01-23 08:46

250,000 monthly active users, and you still have the nerve to say it's stable? I think this number isn't really anything special in the entire Web3 space... but as long as it's alive, that's better than a bunch of dead projects. Neynar taking over operations... interesting, passing the baton to others to do the work indeed.

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LayoffMiner

· 01-23 08:43

Spreading rumors again? Do you really think we all forget easily? Wait, 250,000 monthly active users is considered stable? That still feels too small; it's difficult to surpass even one-tenth of Twitter's scale. Is handing over the work to Neynar a bit of a shirking move? Do the protocol parties dare to operate like this? 180 million in funding sounds impressive, but it depends on whether real money has actually been invested. Can Farcaster turn things around like this? I really can't see through it.

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ForkPrince

· 01-23 08:42

250,000 active users are still being rumored to be shut down? It's really just hearsay; the rumor spreaders this time are a bit outrageous. I've long been optimistic about Farcaster's focus on protocol layer, and delegating operations to Neynar makes it even clearer. For small projects, just surviving is a victory. Don't always judge them by the standards of large platforms. Merkle's recent 180 million funding round came at the right time. It feels like Farcaster is about to start making a move. Honestly, those saying they want to shut down probably haven't looked at the data carefully. Steady growth is obvious, isn't it?

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