Concerns Mount Over Declining Activity in Circle's Arc Ecosystem

Two weeks after the launch of the Arc mainnet, market participants are raising concerns over a decline in retail participation and project momentum. Vladislav Khvoynitskiy, founder of ProFeeX, publicly questioned the state of the ecosystem, noting that despite strong institutional backing and the use of USDC, the platform is suffering from a lack of liquidity and developer engagement. Khvoynitskiy urged Circle to address these issues to prevent a complete loss of market interest.