Lens Protocol Hits Milestone with Over 100K Profile Owners and Record Engagements

1. Lens Protocol has reached a major milestone of over 100,000 profile owners, indicating growing interest and adoption of the decentralized social graph platform.
2. The platform saw a record number of engagements in January, with 299,446 posts, 63,914 comments, and 111,215 mirrors.
3. Lens Protocol is built on top of the Polygon blockchain, which saw a surge in NFT activity in January.

Lens Protocol, the decentralized social graph built on the Polygon blockchain, has reached a major milestone with over 100,000 profile owners.

The platform, which was launched by the team behind DeFi platform Aave in February 2022, recently added a new feature called Token Gated Publication which allows users to token-gate their content.

In January, Lens saw a record number of engagements with 299,446 posts, 63,914 comments, and 111,215 mirrors. Over 25% of the total profiles made 10-50 engagements and 5.6% made 50-100 engagements, leading to a total of 1,196,531 posts and 394,165 comments on the platform.

The month of January was a strong one for ETH and Matic NFTs on OpenSea, with Polygon dominating the number of NFTs sold and ETH reaching $444 million in monthly volume. According to a January NFT report by NFTgators, Ethereum and Polygon NFTs saw a significant rise in value as the lending ecosystem reached new heights.

This surge in activity on the Lens Protocol platform comes amidst growing interest and investment in the NFT and DeFi spaces.

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The post Lens Protocol Hits Milestone with Over 100K Profile Owners and Record Engagements appeared first on NFTgators .