NEAR протокол managed to witness a massive surge in terms of its number of active users. One of the reasons for this surge could be the Тер экономикасы, a move-to-earn application similar to STEPN.
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Бул жерде AMBCrypto NEAR үчүн баа болжолдоо 2022-2023 үчүн
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Breaking a sweat
Агуа, a leading crypto analytics firm, шопурлуктан on 15 October that the number of daily active users on the NEAR platform observed a massive spike. Additionally, the NEAR protocol outperformed a lot of its competitors with the help of ‘Sweat Economy’.
Булак: Мессари
The number of stakers on the platform also grew immensely over the past few days. The number of stakers grew by 0.48% since the last week after witnessing a dip on 12 October as can be observed from the image below.
The staker revenue witnessed a consistent growth according to the data provided by Staking Rewards. Furthermore, the amount of revenue that could be earned by staking NEAR increased by 9.76% in 2022.
Булак: Staking Rewards
The interest from stakers could be attributed to the increasing staker revenue. However, the growth in development activity may have also peaked trader and investor interest. Акыркы бир айдын ичинде, ЖАКЫНДА’s development activity grew significantly indicating that the NEAR protocol’s team might be working on new updates and upgrades.
This spike in dev activity may also compel traders to go long on ЖАКЫНДА. However, they should keep NEAR’s weighted sentiment in mind before making this decision. The weighted sentiment for the ЖАКЫНДА protocol declined over the past few days. This indicated that the public sentiment for NEAR was slightly negative.
Булак: Сантимент
A long journey to the end…
Along with the sentiment, NEAR’s volume decreased as well. In the last two days, NEAR’s volume decreased from 416 million to 105.6 million at press time. This could imply a bearish outlook for NEAR in the coming future. Additionally, NEAR witnessed a decline in its market cap and stood at 2.4 billion at the time of writing.
Булак: Сантимент
NEAR was trading at $2.97 at press time and its price had depreciated by 0.87% in the last 24 hours. Along with NEAR’s declining prices, its volatility also witnessed a depreciation and fell by 18.73% in the past week.
Source: https://ambcrypto.com/near-protocol-makes-competitors-sweat-with-this-new-development/