Lens Chain Launches on Mainnet, Enhancing SocialFi Space

2 mins mins

Key Points:

Lens Chain launches, led by Stani Kulechov of Aave.
L2 aims to enhance SocialFi with cost-effective solutions.
GHO stablecoin used as gas, ensuring stable fees.

Lens Chain, a Layer 2 network developed by Lens Protocol, was launched on the mainnet on April 4, 2025. Spearheaded by Aave’s founder Stani Kulechov, it promises scalable, cost-efficient SocialFi applications.

The platform aims to revolutionize decentralized social networking by integrating the GHO stablecoin for predictable transaction costs and enhancing developer accessibility through modular tools.

Lens Chain: Launch Details and Market Ambitions

Lens Chain officially launched on April 4, 2025. Developed by Avara, it utilizes zkSync technology for scalability and includes GHO as the transaction gas token. This innovation aims to streamline SocialFi by offering developer-friendly solutions.

Immediate changes involve the migration of 125GB of data and over 12 million posts, showing Lens Chain’s capacity to handle significant data volumes. The focus on using GHO aims to stabilize transaction costs amid volatile market conditions.

Market reactions have been positive, with key opinion leader Stani Kulechov noting, “Lens empowers developers to bring intuitive, profitable SocialFi applications to users with minimal complexity and cost.” Excitement is visible among developers for its modular tools.

Stani Kulechov, Founder of Lens Protocol and Aave, emphasized the project’s innovative foundation, stating, “By leveraging future-proof technology and insights from the community, Lens facilitates development with low-cost, rapid speed, and virtually limitless scalability, enabling developers to offer exceptional user experiences alongside swift monetization.”

Impact of Stable GHO and Tech Advancements on SocialFi

Did you know? Lens Chain’s launch involved a major migration surpassing previous scaling efforts, underscoring its technological advancements in on-chain social networking.

According to CoinMarketCap, GHO stablecoin is currently priced at $1.00. Despite the notable 79.24% decline in 24-hour trading volume, its price remains stable, with modest gains over 24 hours at 0.01%. In the past 90 days, GHO increased by 6.05%.

gho-daily-chart — GHO(GHO), daily chart, screenshot on CoinMarketCap at 00:07 UTC on April 6, 2025. *Source: CoinMarketCap*

The Coincu research team suggests Lens Chain could influence SocialFi, leveraging its infrastructure to stabilize costs and securely store user data. Additionally, this could attract developers drawn to its low-cost, highly scalable solutions in the growing Web3 ecosystem.