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Cryptocurrency News Articles
Cygnus Instagram Layer Shows Initial Success: 7.3 Million Users in the First Month
May 06, 2025 at 12:58 pm
Cygnus Instagram Layer Shows Initial Success: 7.3 Million Users and Surprising Growth Figures in the First Month
In February this year, Cygnus officially launched its first Web3 Instagram App Layer, an endeavor that has achieved remarkable growth. According to third-party statistics, since its launch, Cygnus has successfully attracted 7.3 million users, with daily active users (DAU) surpassing 1 million, marking a successful transition from zero to large-scale user growth. These users are primarily from economically developed regions such as North America, Europe, and Asia-Pacific, where Instagram has a high penetration rate.
Cygnus is an official Meta-verified Tech Provider, and through Account Abstraction (AA) technology, it automatically turns "Instagram accounts = Web3 wallets," eliminating the need for seed phrases and allowing ordinary users to easily become Web3 participants.
With Instagram's massive user base of 2 billion and its platform effect, Cygnus' total user count grew eightfold within one month of launching. The total number of wallets in the Cygnus ecosystem increased by approximately 8168%, while Instagram's total views reached 900 million. User rewards for the first quarter exceeded $17 million, reflecting a 21.43% year-on-year increase. The number of partners also expanded to over 100, showing a 37.14% growth. The collaboration with Instagram has established a strong strategic foundation for Cygnus’ sustained ecosystem growth and long-term scalability.
Web2 Mainstream Social Media + Web3: Is it a False Boom?
In the past month, Cygnus has shown astonishing growth, which inevitably brings to mind the highly publicized TON (The Open Network) from last year. This phenomenon once again raises the question of whether the combination of "social platforms + Web3" can really lead to the large-scale adoption of crypto applications, or if it is still in the early stages, lacking a sustainable growth path?
Looking Back at TON's Ecosystem
TON became the center of market attention due to its deep integration with Telegram. With its massive user base and efficient dissemination path, the TON ecosystem quickly amassed a large amount of traffic and generated market hype in a short time. However, beneath the surface of this prosperity, there were deeper discussions in the industry about the quality of its growth and the sustainability of its ecosystem. TON's performance in phases revealed the immense potential of "Web3 + Social", but also exposed the challenges it faced during its rapid expansion.
What Can We Learn from TON's Current Adjustment Period?
TON's growth speed was remarkable: the trading platform aggressively listed ecosystem tokens, and its TVL grew by over 70 times in a matter of months, making it one of the most discussed ecosystems in the industry. However, as market enthusiasm gradually cooled, we began to observe fluctuations in the ecosystem’s activity and a lack of user retention. On one hand, super-fast traffic growth did not fully convert into user retention and long-term value; on the other hand, in the face of a complex market and policy environment, the ecosystem entered an adjustment period. This is not a simple "faiure", but rather a deep reflection on the exploration of Web3 social applications.
Web3 + Social: Not a False Proposition, But a Long-term Investment Direction
The challenges faced by TON should not negate the potential of Web3 and social integration. On the contrary, it reminds us that to achieve true "Web3 social", it requires more than just traffic and attention; it also requires designing long-term mechanisms and fine-tuning ecosystems. From user quality, creator participation, to data sovereignty and incentive models, the core of this track lies in building a social ecosystem that is deep and valuable.
Cygnus has chosen a different path: it builds around the creator economy, lightweight applications, and real yield models to achieve sustainable growth. We believe that the value of Web3 society can not be defined by short-term surges, but should be measured by long-term stability and genuine user participation.
Is the Cygnus + Instagram Partnership a False Proposition?
From the above discussion, it's clear that the author remains optimistic about the combination of social platforms and Web3. Undoubtedly, collaboration between Web3 and large social platforms can bring significant traffic and has the potential to create a groundbreaking project. However, any innovative breakthrough needs to avoid excessive reliance on short-term traffic and ensure the long-term health of the ecosystem. So, can the powerful partnership between Cygnus and Instagram maintain its current momentum through healthy ecosystem construction and a sustainable development strategy, truly realizing long-term Web3 and social media integration?
Cygnus' Transparent Data
Anyone can access key data about Cygnus' ecosystem, such as user numbers, transaction volumes, and user incomes, through public channels like Dune. This provides investors and the market with more precise analysis. Users can easily track metrics like platform activity, user growth
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