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Friend Tech, a relatively new player in the crypto space, has outperformed both Tron (TRX) and Ethereum (ETH) in terms of daily earnings, with an astonishing $1 million in profits.
Friend Tech’s Road to Success
Chinese news media Wu Blockchain made the announcement in a recent post referencing data from Token Terminal. This notable accomplishment was due to a number of factors, including increasing transaction volume and fee capture.
Earnings in the crypto ecosystem have always been a point of fascination and competition. Friend Tech’s staggering achievement of reaching $1 million in earnings on September 14 stands as a testament to its disruptive potential.
Profit in this context refers to Friend Tech’s income minus token incentives. This distinction is critical because it reflects the platform’s true economic viability and sustainability.
On that exceptional day, Friend Tech managed to capture a total of $2 million in fees. What’s even more impressive is how it distributed these earnings. Out of the $2 million, a staggering $1 million was allocated to creators. This showcases Friend Tech’s commitment to incentivizing and rewarding its user base, which, in turn, contributes to the platform’s vibrant ecosystem.
Growing Transaction Volume
Friend Tech, a blockchain-based platform that focuses on empowering creators and users alike, has been steadily gaining traction since its inception. Founded on principles of decentralization and innovation, the platform has garnered a growing user base and an ecosystem of content creators.
The protocol’s surge in earnings is not a one-off event but rather the culmination of consistent growth and user adoption. In fact, the platform has been on a roll, setting new records for transaction volume and fee capture over two consecutive days.
This surge in activity not only highlighted the growing user base but also showcased the platform’s scalability and ability to handle increased traffic.
Friend Tech’s rise to the top of the earnings list is a remarkable development in the crypto space. It showcases the disruptive potential of innovative blockchain platforms that prioritize sustainability, user-friendliness, and meaningful economic participation.
As Friend Tech continues to grow and attract more users, it’s poised to make even more waves in the Web3.0 world as its dedication to creators and minimal transaction fees are likely to keep users coming back.
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