Coinbase’s Layer 2 solution is again at the forefront due to friend.tech’s popularity. The newly launched project has generated $1.12 million in fees over the last 24 hours, overcoming heavyweights like Tron, Uniswap, MetaMask, etc. Coinbase’s Layer 2 solution BASE was a big hit even before a bridge allowed investors to pull their money out of the chain. Despite multiple scams and rug pulls, the Layer 2 solution remains popular. One such protocol that has risen to heights is friend.tech; a social media platform allowing investors to purchase their popular influencers' shares. The DeFiLlama dashboard shows that the total fees generated in the 24 hours are $1.12 million.
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