NEAR Protocol’s 450M milestone – Here’s what it suggests about price
What milestone did NEAR Protocol recently achieve?
NEAR Protocol recently achieved a significant milestone by surpassing 450 million transactions and attracting 12.3 million unique addresses. This increased user engagement has shifted market sentiment, leading to a potential reversal of the bearish trend and positioning NEAR for a potential uptrend.
How many unique addresses does NEAR Protocol have?
NEAR Protocol has over 12.3 million unique addresses, as reported by Flipside's official X page. The growth in unique addresses has been rapid, with NEAR attracting 12.3 million new addresses in June and 5.8 million in May. This increase in user engagement has shifted market sentiment and positively impacted NEAR's price.
What factors are driving NEAR Protocol's user engagement?
NEAR Protocol's user engagement is driven by several factors, including the development of the NEAR AI R&D Lab, which promotes simple, secure, and scalable technology. The integration of AI and blockchain has attracted users and positioned NEAR as a key player in the space. Additionally, innovations such as chain signatures and the integration of the HERE wallet have improved the user experience and accessibility of the platform.