CandleFocus

Layer-2 Projects Record High Social Engagement in 2024

Author: Content Editor
A recent report by Phoenix highlights the increased social engagement in the gaming industry and layer-2 blockchain projects, indicating a growing interest in cryptocurrencies. Polygon ($POL) leads the pack with 2 million interactions in the last 24 hours, followed by Arbitrum ($ARB) with 1.2 million interactions, zkSync ($ZK) and Starknet ($STRK) with 1 million interactions each. Other notable projects such as Stacks ($STX) and Optimism ($OP) also have significant engagement levels. Emerging projects like Immutable X ($IMX), Mantle ($MNT), and Metis ($METIS) have gained traction, likely due to their focus on improving gaming and decentralized applications. The data shows the importance of social activity in assessing a project's community strength and market relevance. Layer-2 solutions play a crucial role in advancing blockchain technology and addressing its challenges. The growing social activity indicates the need for ongoing development and collaboration in the space.

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