High-performance blockchain NEARProtocol $NEAR may soon enter FOMO phase, metrics say w/ _alexpavlov NEAR
In terms of net trading volume, NEAR Protocol has already outperformed Avalanche and is closer to surpassing Terra and Solana , the two most overhyped protocols of 2021.
At the same time, its fully diluted market capitalization remains low compared to the closest competitors, and this can also be interpreted as a sign of undervaluation. Also, while tracking the audience growth of major non-Ethereum platforms, analytical firm Messari has registered a 55% increase in 2022. This is higher than that of Solana , Terra and Avalanche .
This progress is accompanied by the rocketing increase of stablecoin, DeFi and dApps activity on the NEAR ecosystem.Last but not least, Mr. Pavlov noticed huge increase in the transactional metrics of retail usage. In 2022, NEAR Protocol went through two massive fundraising campaigns.
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