According to U.Today, NEAR Protocol (NEAR) reported a noteworthy community and developer achievement amidst major AI announcements. Its core native cryptocurrency was also the best performer over the past seven days. Over the past 12 months, NEAR Protocol (NEAR) has demonstrated the largest user retention rate among L1 altcoins.
Data provider Artemis said that for this blockchain, the main adoption metric reached 9.53%. All NEAR Protocol (NEAR) competitors showed lower retention metrics in the long term. For example, Avalanche (AVAX) had only 8.19% of users on its C-chain returning within 12 months, while for BNB Chain this metric barely exceeded 7%.
According to DefiLlama, there are 19 active decentralized finance applications (DeFis) on the NEAR Protocol (NEAR), with a total value of $306 million. Over the past week, NEAR Protocol’s core native cryptocurrency NEAR was the best performing large-cap altcoin, according to data from Coingecko. Among all top 100 coins, it became the fifth fastest-growing altcoin in the past seven days, with a 26% increase. This NEAR rally can be attributed to the potential for AI integration, which is crucial to the use of NEAR Protocol (NEAR) in this booming field.
