3 Reasons Why Near Protocol (NEAR) Has Increased 50% in a Month
NEAR extends its 50% increase as user activity, total value locked on the network, and a critical network upgrade boost interest in the blockchain.
Some of the factors contributing to $NEAR âs growing momentum include the implementation of sharding on Near Protocolâs blockchain, rising open interest in futures markets, an increase in total value locked (TVL), and a strengthened market structure.
#NEAR Protocol implements sharding
Near Protocol, a community-driven cloud computing platform focused on interoperability and ultra-fast transaction speeds, has implemented sharding on its network.
According to the project, sharding solves the blockchain trilemma by offering scalability and security without compromising decentralization.
