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How to Analyze NEAR Protocol's On-Chain Data: Key Metrics and Growth Trends

This article provides a comprehensive analysis of NEAR Protocol's on-chain data, focusing on key metrics and growth trends. It explores NEAR's exponential increase in active addresses, reflecting user engagement and network utility. The piece addresses issues like adoption metrics, transaction volume, and total value locked (TVL), making it valuable for blockchain investors, developers, and enthusiasts. It systematically covers the surge in active addresses, transaction growth, and TVL rise, emphasizing NEAR's strategic use of AI and developer-friendly infrastructure. Keywords such as "NEAR Protocol," "active addresses," "transaction volume," and "TVL" are optimized for clarity and quick scanning.

NEAR's active addresses surged 12x to over 42 million in two years

Active Addresses Growth Analysis

NEAR Protocol has demonstrated exceptional growth in its network activity, with active addresses expanding dramatically from approximately 3.5 million two years ago to over 42 million by 2025. This 12-fold increase represents one of the most significant adoption metrics in the blockchain industry and reflects the protocol's growing utility and user engagement.

The following table illustrates NEAR's remarkable user expansion trajectory:

Metric Timeline Value
Monthly Active Users Q3 2024 44 million
Daily Active Addresses Q3 2024 3 million
Monthly Active Users Q2 2025 46 million
Active Addresses Surge 2-Year Period 12x increase to 42 million

This explosive growth correlates directly with NEAR's strategic positioning as an AI-native blockchain. The protocol's integration with artificial intelligence applications has attracted over 50 AI teams building on its infrastructure, establishing it as a preferred platform for next-generation applications. Additionally, daily transaction volume exceeding 8 million transactions demonstrates sustained engagement beyond mere address proliferation.

NEAR's compatibility with major wallet solutions including MetaMask and Phantom has significantly lowered barriers to entry, enabling seamless user onboarding. The combination of technical infrastructure improvements and accelerator programs that raised $50.5 million has created an ecosystem conducive to both developer innovation and user adoption. These metrics underscore NEAR's transition from an emerging protocol to a major player in Layer-1 blockchain infrastructure.

Daily transactions reached 7.7 million, up 77.8% quarter-over-quarter

Article Content

NEAR Protocol demonstrated remarkable momentum during Q2 2024, with daily transactions surging to 7.7 million, representing a substantial 77.8% quarter-over-quarter increase. This significant growth trajectory reflects accelerating adoption and expanded network utilization across the platform's ecosystem.

Metric Q2 2024 Performance
Daily Transactions 7.7 Million
QoQ Growth Rate 77.8%
Daily New Addresses 330,000
New Addresses Growth 40% QoQ

The transaction volume expansion aligns with complementary user acquisition metrics, as daily new addresses reached 330,000 during the same period, marking a 40% increase compared to the previous quarter. This dual growth in both transaction activity and user onboarding indicates strengthening network fundamentals rather than artificial inflation from existing users.

The surge in transaction throughput demonstrates NEAR's scaling capabilities and enhanced dApp functionality. With the protocol's focus on chain abstraction and AI integration, the increased transaction volume suggests developers and users are leveraging the platform's infrastructure for more complex operations. The consistency between address growth and transaction volume growth suggests organic ecosystem expansion, where new participants are actively engaging with smart contracts and decentralized applications rather than merely holding tokens passively.

Total value locked (TVL) on NEAR showing positive growth trend

NEAR Protocol's total value locked (TVL) demonstrates a remarkable positive growth trajectory in 2025, reflecting strengthening market confidence and expanding ecosystem adoption. The rising TVL indicates growing activity and increased user participation in NEAR's decentralized finance applications, with more users actively depositing and utilizing assets across the network.

Analysts highlight that this upward momentum correlates with several critical developments within the NEAR ecosystem. The network has implemented significant AI-focused upgrades, including expanded user "intents" functionality and improved chain abstraction capabilities. Monthly active users surpassed 46 million, representing substantial network engagement and real-world utility adoption.

Metric Performance Level
Monthly Active Users 46+ million
Network Transactions 2.2M swaps recorded
Current TVL Status $15M demonstrated activity

The positive TVL growth trajectory reflects investor confidence in NEAR's technical infrastructure and long-term viability. Rising TVL particularly signals that developers and users recognize the platform's scalability advantages and cost-efficiency benefits compared to alternative blockchain solutions. This metric serves as a tangible indicator of ecosystem health, demonstrating that capital deployment is accelerating within NEAR's decentralized application landscape, supporting the broader narrative of sustained protocol expansion and institutional adoption throughout 2025.

FAQ

Does near coin have a future?

Yes, NEAR coin has a promising future. Its focus on scalability and developer-friendly tools positions it well for continued growth and adoption in the evolving Web3 landscape.

Can near coin reach $100?

Yes, NEAR coin could potentially reach $100 in the long term. Some forecasts suggest this price level might be achievable between 2030-2050, given favorable market conditions and continued growth of the NEAR ecosystem.

What is the near coin?

NEAR coin is the native token of the NEAR Protocol, a scalable blockchain platform. It's used for transaction fees, staking, and governance within the NEAR ecosystem, powering decentralized applications and smart contracts.

Is near better than Solana?

NEAR and Solana have unique strengths. NEAR offers better scalability and lower fees, while Solana has higher transaction speed and more established ecosystem. Both are promising platforms.

* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.