BASE Absorbs Friend.tech Hype, But For How Long? The newly introduced decentralized social [DeSo] network Coinbase’s Ethereum layer-2 network, BASE, has experienced a significant surge in network activity. This latest rise in activity stems largely from the migration and hype surrounding friend.tech.
Also Read: BASE Absorbs Friend.tech Hype, But For How Long? Friend.tech was one among them. But how long can this last? Many in the crypto community are questioning the sustainability of Friend.tech\'s popularity and its impact on the BASE network.
Speaking to Cointelegraph, crypto commentator Yazan pointed out a number of troubling factors that led him to believe the app has between six and eight weeks of relevance left. Concerns include high transaction fees, a lack of genuine user engagement beyond speculation, and the potential for other platforms to replicate Friend.tech\'s features with improvements.
The future of BASE is also being questioned, particularly as Friend.tech co-founder, pseudonymously known as Racer, has hinted at leaving Base, an Ethereum Layer-2 network launched by Coinbase. What does this mean for the platform\'s long-term viability, especially considering Coinbase\'s significant investment and support?
Will BASE continue to thrive independently, or will its success remain inextricably linked to the volatile fortunes of Friend.tech? Only time will tell, but the current surge highlights the power and peril of relying on viral trends in the DeSo space.