Coinbry

  • Market Cap: $2,482,418,431,211.98
  • 24h Vol: $143,665,640,892.62
  • BTC Dominance: 51.78%
Avalanche experiences a surge of activity due to the popularity of Stars Arena, a Friend.tech clone.

Avalanche experiences a surge of activity due to the popularity of Stars Arena, a Friend.tech clone.

The price of AVAX has surged over 8% due to increased network activity caused by the Stars Arena application on Avalanche’s C-Chain network. The application has seen a significant increase in daily transactions and has attracted over 10,000 active wallets. Additionally, Stars Arena has surpassed $1 million in total value locked. However, it still lags behind Friend.tech in terms of total value locked. Users have praised Stars Arena for its public feed feature but have also noted some bugs and a lack of information about the team behind the application. Stars Arena joins a growing list of social finance platforms in the crypto space. Friend.tech remains the market leader with the highest monthly trading volume.

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