According to ChainCatcher, Messari released NEAR's status report for the first quarter of 2024. The report shows that NEAR's TVL in the first quarter was US$335 million, an increase of 163% from the previous quarter and 547% from the previous six months. At the same time, the number of daily active addresses on the network was 1.2 million, an increase of 42% month-on-month and 377% from the previous six months. NEAR's stablecoin market value increased by 176% month-on-month to US$214 million. USDT increased by 1,155% month-on-month to US$88 million, while USDC increased by 189% month-on-month to US$85 million.