📈💥 NEAR Protocol Achieves Remarkable Growth in Q1 2024!
Exciting News Alert! According to the latest report from Messari, NEAR Protocol has experienced significant expansion in the first quarter of 2024. Let's dive into the key highlights:
🔹 Total Value Locked (TVL) Soars: NEAR's TVL surged to $335 million in Q1, marking an impressive 163% quarter-on-quarter increase and a staggering 547% growth over the past six months.
🔹 Surge in Daily Active Addresses: The network witnessed a surge in daily active addresses, reaching 1.2 million—a remarkable 42% increase from the previous quarter and an impressive 377% increase over the past six months.
🔹 Stablecoin Market Flourishes: NEAR's stablecoin market experienced robust growth, with its market value soaring by 176% quarter-on-quarter to reach $214 million. Notably, USDT witnessed a remarkable growth of 1155% to $88 million, while USDC grew by 189% to $85 million.
Exciting times lie ahead for NEAR Protocol as it continues to expand its ecosystem and attract users worldwide!
