Trading volume of Friend.tech fork on Solana approaches $1 million

friend.tech
friend.tech

The accumulated volume of transactions in Friend.tech, an analogue of the Web3 social network on the Solana network, Friendzy, reached $920,000 a week after its launch. Decrypt writes about this.

As a result, the fork’s trading turnover was almost half that of the original project in Base’s L2 solution for the same period.

Like Friend.tech, Friendzy allows you to tokenize Twitter accounts, giving other users the ability to buy and sell those assets to join private chats.

After launching in August and subsequently experiencing a “clinical death,” Friend.Tech is again showing an increase in activity. From the beginning of September TVL in the protocol increased 7.6 times – from $5.4 million to $40.95 million.

According to a Friendzy representative, their project is distinguished from the original by additional features and a smoother price curve.

Previously, ForkLog reported a hundreds-fold increase in activity on Post.Tech, an analogue of the Web3 social network Friend.Tech on the Arbitrum L2 network.

Let us remind you that in August the Friend.Tech team warned about possible blocking for using copies or copycats of the application. The publication caused a strong reaction from the community, so a few hours later the post was deleted, and the co-founder of the project under the nickname Racer published an apology for the “stupid statement.”

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