Farcaster Expands to BNB Chain Amid Growing Crypto Frenzy

Farcaster, a decentralized social media platform, has added BNB Chain support as part of its latest update on October 8. The move comes at a time when BNB is seeing increased adoption, recently overtaking XRP to become the world’s third-largest cryptocurrency by market value.

Co-Founder Dan Romero confirmed the integration on X, saying the project’s goal is to support “every asset and every chain that matters.” He emphasized plans for instant cross-chain swaps with near-zero trading fees. The update extends Farcaster’s reach across multiple ecosystems, including Ethereum, Solana, Base, and HyperEVM, a Layer 1 built by the HyperLiquid DEX.

Expanding beyond Ethereum

Farcaster was launched in 2020 by former Coinbase executives Dan Romero and Varun Srinivasan. Their goal is to build social apps that can work together using decentralized technology. The platform already runs on several networks, including Arbitrum, Base, Gnosis, Polygon, OP Mainnet, Unichain, and Zora.

With the addition, Farcaster joins one of the busiest blockchain networks. BNB Chain, which is supported by Binance, allows developers to build apps using Ethereum-style smart contracts. Over the past three months, BNB’s price has jumped about 80%, mainly because more people are using the network and more tokens are being burned.

BNB’s memecoin mania

Blockchain data shows that much of the recent buzz comes from a “BNB meme season” sweeping the network. In just one week, more than 100,000 traders jumped in, making around $516 million in profits. The hype grew even bigger after Binance Founder Changpeng “CZ” Zhao mentioned a token called “4,” which sparked a wave of similar meme coins across the network.

However, CZ later warned users not to mistake his posts as endorsements, saying, “Too many memes exist, and it made my writing unnatural.”

Good advice

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