Decentralized social media protocol Farcaster is experiencing a remarkable uptick in user engagement. Data shows that the platform reached an all-time high of 73,700 unique casters last week, marking a significant milestone in its growth trajectory.

This surge in unique casters comes alongside impressive overall stats: the platform now boasts 62.58 million total casts, 280,120 total users and 3,050 total hubs. With 190,540 connected addresses and a network size of 142.83 GB, Farcaster is carving out a significant space in the decentralized social media landscape.

Notably, the protocol has generated 611.03 ETH in revenue, demonstrating its potential for value creation within the ecosystem.

A possible explanation for the surge in users could be founder Dan Romer’s announcement…