Friend.tech, a decentralized social network, has witnessed a sharp resurgence barely two weeks after critics pronounced the platform dead. The platform is enjoying renewed user interest, with its total value locked (TVL) surpassing $20 million a few days ago.
Thanks to this growing momentum, Friend.tech has seen its trading volume and platform fees rise to new peaks.
Friend.tech Continues Resurgence With New Trading Volume Peak
Decentralized application (dApp) Friend.tech has witnessed significant activity in the past few days. This has been reflected in the social media platform’s daily active users, which grew to nearly 16,000 on Wednesday, September 13.
As a result of this upward trend, Friend.tech also reached its highest trading volume of $18.51 million on Wednesday, according to Dune Analytics data. The