SocialFi News

Base rode SocialFi, memecoins and AI agents to the top of Ethereum’s layer-2 ladder before turning inward to rebuild its core stack.

The ZORA token gained 6.2% to $0.022 over the last 24 hours as Zora announced its new attention markets product.

Decentralized social network Farcaster remains operational after its acquisition by Neynar and confirmed plans to return $180 million in capital to investors.

The Ethereum co-founder urged broader adoption of open social platforms, saying decentralized social media can improve online communication by restoring competition.

Mask Network will lead consumer-facing product execution on Lens, while Aave steps back to an advisory role focused on protocol infrastructure.

Base’s push into creator coins is facing mounting criticism from traders and builders after Nick Shirley’s token on Zora spiked to about a $9 million valuation and then promptly slumped.

A viral run on Zora pushed Base ahead of Pump.fun and LetsBonk, but Solana still leads in users, transactions and overall activity.

Lens will give users ownership of their data and a chance for monetization when the mainnet launches early next year.

A new and improved version of Frames will allow users to run full-screen applications inside the social media platform Warpcast. 

In the wake of Friend.tech’s collapse, Cointelegraph spoke with industry leaders to find out what went wrong and what comes next.

The Friend.tech team said on Sept. 10 that it has no plans to discontinue its website application. 

Animoca Brands co-founder and chairman Yat Siu believes mass adoption is closer than one may think, and that blockchain gaming will be the catalyst.

Decentralized social media platform Friend.tech has announced it will be teaming up with Conduit to develop its own blockchain, Friendchain.

Base is already home to 46% of transactions related to SocialFi on-chain, but the asset manager says it has even more room to grow.

Crypto users are increasingly turning attention to new SocialFi apps, but analysts say it’s probably too early to say whether “SocialFi season” has arrived.