Explosive Growth: NEAR Protocol Caters To 3 Million Daily Users
As of Q3 2024, NEAR Protocol has 3 million daily active addresses, surpassing Tron and Solana. This growth aligns with the increasing integration of AI in the cryptocurrency market, with AI dApps on NEAR rising by 70% from the previous quarter, attracting 4.3 million daily unique active wallets. NEAR has partnered with companies like Nvidia and Alibaba to enhance its AI capabilities. Despite a 2.36% price drop to $4.87 and a 30% decrease in trading volume, NEAR's market capitalization is $5.42 billion, ranking 23rd. A 0.4% reduction in circulating supply brings it to 1.11 billion tokens. Technical analysis suggests a favorable medium-term outlook, with projected price increases of 240% over three months, 178% over six months, and 165% over one year, despite short-term market volatility.
