NEAR Protocol Reports Strong Q4 Gains As AI Initiatives Drive Double-Digit Growth
Market Intelligence Company in recent analysis Messiah provides comprehensive Overview In recent agreement performance in the fourth quarter. Even though faced with headwinds from the wider cryptocurrency market, nearby activities showed significant resilience through increased activity and strategic development.
Market cap rankings are down, but are resilient by increasing activity
In the fourth quarter, the near-deal agreement initially soared, with the token price reaching about $8.19 in December before going back to around $4.91 at the end of the quarter.
This decline reflects a significant decline Market valuefalling to about $5.73 billion, marking 2.09% of quarter-quarters (QOQ).
As a result, nearly ten positions fell by ten positions in the overall upper limit ranking and now ranked 21st overall, indicating a lag in performance compared to other leading assets.
Despite challenges in market pricing, nearby revenue comes from the Internet Transaction feesseeing a significant increase. Revenue increased to about $2.11 million, accounting for 26.81% of QOQ. This increase can be attributed to increased trading volume and decentralized exchange (DEX) activity.
The average transaction fee for the quarter was about $0.0031, an increase of 15.91% from the previous quarter, further highlighting the operational efficiency of the network.
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Modern tokens play a multifaceted role in the ecosystem, including points, transaction fees and Storage fee. The protocol maintains a flexible supply model with an annual inflation of 5%.
Of the inflationary rewards, 90% are allocated to validators, while the remaining 10% support the Treasury Department of the agreement. By the end of the fourth quarter, about 95.12% of the total supply of close range was in circulation, and about 49.08% were actively fixed.
The stock reportedly has an annual nominal yield of 8.95% and a real yield of 4.55%, providing attractive incentives for holders to provide tokens.
Near address activity and transaction volume surged during the fourth quarter. The average daily active return address increased by 15.82% to 3.55 million, while the average daily new address Soared 29.05% to 361,046.
However, the protocol faces a decline in developer activity, with active core developers falling 13.95% to 159 per week and ecosystem developers falling 30.34% to 129.
Market setbacks with almost balances, promising innovations
The close Defi Total Value Lock (TVL) summed up the fourth quarter, at about $240.1 million, reflecting a 4.48% decline in the previous quarter. Liquid Statiking TVL’s QOQ reduction was about 10.32%, reaching about $250.81 million.
It is worth noting that the linear protocol TVL It was about $134.1 million, down 8.77%, while Meta Pool’s TVL fell 11.78% to around $111.7 million.
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From a positive point of view, the close average daily DEX volume reached about $8.45 million, an increase of 25.40% from the previous quarter. Referee financing becomes a leader dex On the platform, the average daily number is $8.35 million.
The fourth quarter also saw a growth in the market cap of Stablecoin, up about $683 million, a 1.88% QOQ and an 880.71% year-on-year (young).
As of now, the close price is $3.52, which has increased by 10% over the past two weeks. However, it is still 82% higher than its historical record.
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