Over the past month, the Near (NEAR) protocol has seen a decrease in network activity, leading to a drop in daily transaction volume, network fees, and revenue. This decline has also affected the value of NEAR token, which has experienced a significant decrease. The number of unique on-chain interactions with the protocol has fallen by 15% in the last 30 days, with daily active addresses dropping by 18%. As a result, NEAR's transaction fees and revenue have decreased by 38% and 30% respectively. The protocol's native coin, NEAR, has lost 30% of its value in the same period. The Moving Average Convergence Divergence (MACD) indicator suggests a bearish trend for NEAR, with a potential further decline in price. However, if buying pressure increases, the price may rally to $5.45. Traders are advised to monitor market trends and seek professional advice before making financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news