🚀 Farcaster Experiences Remarkable Growth Following Its Update
posted 5 Feb 2024
The number of daily active users on the decentralized social protocol Farcaster has quadrupled following an upgrade that introduced frame support. This feature allows users to use key functionalities (like NFT creation, token claims, and responding to inquiries) without the necessity for transaction signing or navigating to external links.
Warpcast, the leading app built on Farcaster, has even faced performance challenges due to the sudden influx of users. Notably, this surge occurs as interest in other decentralized social networks, such as Friend․Tech, declines, with the latter experiencing a more than 97% decrease in transaction volume from its all-time high.