NEAR🚀🚀🚀
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🚀 NEAR/USDT Analysis: Support, Resistance, and Entry Strategy
📊 Chart Overview:
NEAR/USDT is currently trading at $4.183.
Previous high: $4.258.
Previous low: $3.941.
🔍 Technical Insights:
1. Support Levels:
$4.100: Strong support level. Price tends to bounce here.
$4.000: Psychological support. Watch for potential reversals.
$3.900: Critical support. Below this, caution is advised.
2. Resistance Levels:
$4.300: Immediate resistance. A breakout could signal bullish momentum.
$4.400: Key resistance. Clearing this opens the path to higher levels.
$4.500: Major resistance. Bulls need to overcome this hurdle.
3. 🎯 Entry Strategy:
Buy Entry: If price breaks above $4.300 with strong volume.
Stop Loss: Set below $4.100 to manage risk.
Target: Aim for $4.500 and beyond.
📈 Attractive Pattern:
-🚀 Rocket Rally": As NEAR approaches $4.300, visualize a rocket taking off. 🌟
Remember, always do your own research and consider risk management. Happy trading! 🌐💡
And If you need further details ask me I will guide you properly ❤️🚀💸#NEAR🚀🚀🚀 #NEAR.智能策略库🥇🥇 #NEAR.24小时交易策略 #NearBullish #Write2Earn!
📊 Chart Overview:
NEAR/USDT is currently trading at $4.183.
Previous high: $4.258.
Previous low: $3.941.
🔍 Technical Insights:
1. Support Levels:
$4.100: Strong support level. Price tends to bounce here.
$4.000: Psychological support. Watch for potential reversals.
$3.900: Critical support. Below this, caution is advised.
2. Resistance Levels:
$4.300: Immediate resistance. A breakout could signal bullish momentum.
$4.400: Key resistance. Clearing this opens the path to higher levels.
$4.500: Major resistance. Bulls need to overcome this hurdle.
3. 🎯 Entry Strategy:
Buy Entry: If price breaks above $4.300 with strong volume.
Stop Loss: Set below $4.100 to manage risk.
Target: Aim for $4.500 and beyond.
📈 Attractive Pattern:
-🚀 Rocket Rally": As NEAR approaches $4.300, visualize a rocket taking off. 🌟
Remember, always do your own research and consider risk management. Happy trading! 🌐💡
And If you need further details ask me I will guide you properly ❤️🚀💸#NEAR🚀🚀🚀 #NEAR.智能策略库🥇🥇 #NEAR.24小时交易策略 #NearBullish #Write2Earn!
$NEAR - price analysis request:
Zooming on the weekly view, the price probably hitted a long term bottom around the 3.00$. (lagging span on prices & retest of the SSA).
The daily price is bearish but it's now moving into a bullish correction upward phase📈
If the price breaks the downtrend and the $4.00 zone, upside potential could be released towards $4.500.
But I think more that it will consolidate for some days/weeks between the 3.500 - 4.00$ zone.
I therefore expect high volatility and further pumps and dumps ⚠️
Local key support: 3.500$
Key resistances: [HTF]
3.900/4.00 - 4.400 and 4.800$
➡️To conclude, A room is open for a pump, I think the price could continue to climb to retest the $4,00 zone, but the downtrend must be broken! The 3.500$ support is the key level to watch. Then we could expect another bearish rejection.
#NEAR #TradingMadeEasy #NEAR🚀🚀🚀 #BTC☀
Zooming on the weekly view, the price probably hitted a long term bottom around the 3.00$. (lagging span on prices & retest of the SSA).
The daily price is bearish but it's now moving into a bullish correction upward phase📈
If the price breaks the downtrend and the $4.00 zone, upside potential could be released towards $4.500.
But I think more that it will consolidate for some days/weeks between the 3.500 - 4.00$ zone.
I therefore expect high volatility and further pumps and dumps ⚠️
Local key support: 3.500$
Key resistances: [HTF]
3.900/4.00 - 4.400 and 4.800$
➡️To conclude, A room is open for a pump, I think the price could continue to climb to retest the $4,00 zone, but the downtrend must be broken! The 3.500$ support is the key level to watch. Then we could expect another bearish rejection.
#NEAR #TradingMadeEasy #NEAR🚀🚀🚀 #BTC☀
#NEAR/USDT Chart Analysis🔥🚀
1. Price Movement: The current price for NEAR/USDT is approximately $3.709¹. Over the past 24 hours, it has seen a high of $3.785 and a low of $3.692¹. The price has increased by approximately 2.74% recently.
2. Moving Average (MA60): The orange line on the chart represents the 60-period moving average (MA60), which currently stands at $3.697¹. This moving average helps identify trends and potential support/resistance levels.
3. Trading Volume: The 24-hour trading volume for NEAR is around 51.30 million NEAR tokens and 175.63 million USDT¹. High trading volume can indicate strong interest or liquidity.
4. Technical Indicators: Keep an eye on other technical indicators like the Exponential Moving Average (EMA), Bollinger Bands (BOLL), and the Parabolic SAR (SAR) for additional insights into price movements.
5. Timeframes: Consider different timeframes (15 minutes, 1 hour, 4 hours, and 1 day) to assess short-term and long-term trends¹.
6. Risk Management: Remember that cryptocurrency trading involves risk. Always use proper risk management techniques, such as setting stop-loss orders and diversifying your portfolio.
Remember, professional analysis considers multiple factors, including market sentiment, news events, and fundamental analysis. If you're actively trading, stay informed and make well-timed moves for potential profits. 🚀#NEAR🚀🚀🚀 #Write2Earn! #NearBullish
1. Price Movement: The current price for NEAR/USDT is approximately $3.709¹. Over the past 24 hours, it has seen a high of $3.785 and a low of $3.692¹. The price has increased by approximately 2.74% recently.
2. Moving Average (MA60): The orange line on the chart represents the 60-period moving average (MA60), which currently stands at $3.697¹. This moving average helps identify trends and potential support/resistance levels.
3. Trading Volume: The 24-hour trading volume for NEAR is around 51.30 million NEAR tokens and 175.63 million USDT¹. High trading volume can indicate strong interest or liquidity.
4. Technical Indicators: Keep an eye on other technical indicators like the Exponential Moving Average (EMA), Bollinger Bands (BOLL), and the Parabolic SAR (SAR) for additional insights into price movements.
5. Timeframes: Consider different timeframes (15 minutes, 1 hour, 4 hours, and 1 day) to assess short-term and long-term trends¹.
6. Risk Management: Remember that cryptocurrency trading involves risk. Always use proper risk management techniques, such as setting stop-loss orders and diversifying your portfolio.
Remember, professional analysis considers multiple factors, including market sentiment, news events, and fundamental analysis. If you're actively trading, stay informed and make well-timed moves for potential profits. 🚀#NEAR🚀🚀🚀 #Write2Earn! #NearBullish
Certainly! Let's break down the analysis for NEAR Protocol (NEAR):
1. Price Movement:
$NEAR Protocol is currently trading at $3.53, experiencing a 19% decline.
The 14-day Relative Strength Index (RSI) is at an oversold level of 9.78, indicating potential buying opportunities.
The weekly RSI stands at 27.58, suggesting a bearish sentiment but not extreme oversold conditions.
2. Key Levels:
To regain bullish momentum, NEAR needs to clear the $3.60 resistance level.
Failing to do so could result in a further decline, potentially testing support around $2.78.
3. Price Targets:
In the short term, a successful breakout could lead to a target of $4.46.
By the end of the year, if trends align favorably, NEAR could reach $8.94.
Looking ahead to 2025, an optimistic scenario could see NEAR at $60.26.
:Remember that cryptocurrency markets are volatile, and these predictions are subject to change based on market dynamics. Always conduct your own research and consider risk management strategies. 🚀📈#Write2Earn!
#SOFR_Spike #VanEck_SOL_ETFS #NEARToken #NEAR🚀🚀🚀
1. Price Movement:
$NEAR Protocol is currently trading at $3.53, experiencing a 19% decline.
The 14-day Relative Strength Index (RSI) is at an oversold level of 9.78, indicating potential buying opportunities.
The weekly RSI stands at 27.58, suggesting a bearish sentiment but not extreme oversold conditions.
2. Key Levels:
To regain bullish momentum, NEAR needs to clear the $3.60 resistance level.
Failing to do so could result in a further decline, potentially testing support around $2.78.
3. Price Targets:
In the short term, a successful breakout could lead to a target of $4.46.
By the end of the year, if trends align favorably, NEAR could reach $8.94.
Looking ahead to 2025, an optimistic scenario could see NEAR at $60.26.
:Remember that cryptocurrency markets are volatile, and these predictions are subject to change based on market dynamics. Always conduct your own research and consider risk management strategies. 🚀📈#Write2Earn!
#SOFR_Spike #VanEck_SOL_ETFS #NEARToken #NEAR🚀🚀🚀
$NEAR Protocol getting hammered, down 19% to $3.53. Oversold conditions, 14-day RSI at 9.78, weekly RSI at 27.58. Need to clear $3.60 to move higher, or risk drop to $2.78. Short-term target $4.46, end of year $8.94, and $60.26 by 2025 if trends align.
#NEAR.智能策略库🥇🥇 #NEAR.24小时交易策略 #NEAR🚀🚀🚀 #Write2Earn!
#NEAR.智能策略库🥇🥇 #NEAR.24小时交易策略 #NEAR🚀🚀🚀 #Write2Earn!
The story of David: From Near Protocol Investor to Crypto Millionaire 💣💥
In 2020, David, a software developer with a passion for blockchain technology, stumbled upon Near Protocol (NEAR). Intrigued by its innovative approach to scalability and developer-friendly ecosystem, he decided to explore further.
The Initial Leap 💸
In mid-2020, David invested $10,000 in NEAR when it was priced at around $1.00 per token, securing 10,000 NEAR tokens. It was a calculated risk, but he believed in the project's potential to revolutionize blockchain technology.
Deep Dive into the Community 🌐
David didn't just stop at investing; he immersed himself in the Near Protocol community. He participated in developer forums, contributed to discussions, and attended virtual meetups. The Near team regularly engaged with the community, sharing progress updates and launching initiatives to attract developers and users.
Riding the 2021 Bull Run 🚀
The broader cryptocurrency market experienced a massive bull run in early 2021. NEAR began to catch the eye of investors and enthusiasts alike. The price of NEAR surged to $10.00 by the end of the first quarter. David's initial investment had grown to an impressive $100,000, a tenfold increase. Rather than cashing out, David decided to hold, sensing more potential on the horizon.
Strategic Moves and Breakthroughs 📈
Throughout 2021, Near Protocol formed strategic partnerships with other blockchain projects and tech companies, enhancing its capabilities and expanding its ecosystem. By the end of the year, the price of NEAR had soared to $30.00. David's investment was now worth $300,000, but he still believed there was more to come.
Navigating Market Volatility 📉
2022 brought significant market volatility, with NEAR's price fluctuating wildly. Despite the uncertainty, David maintained his faith in Near Protocol's long-term vision. He held onto his tokens, confident that the project would continue to innovate and grow.
Technological Advancements and Ecosystem Growth 🌟
By 2023, Near Protocol had made substantial technological advancements, including the successful implementation of sharding, which significantly improved the network's scalability and efficiency. The ecosystem flourished, attracting more developers and users to build decentralized applications (dApps) on the platform. NEAR's price surged to $50.00, making David's holdings worth $500,000.
Diversification and Giving Back 🤝
With his newfound wealth, David decided to diversify his investments and contribute to the community. He sold 20% of his NEAR holdings, securing $100,000. He reinvested in other promising blockchain projects and traditional assets, and give a portion of his earnings to tech education programs and blockchain development initiatives in underrepresented communities.
Near Protocol’s Ecosystem Boom 🚀
By 2024, Near Protocol had cemented itself as a leading blockchain platform. Its user-friendly environment and robust ecosystem attracted a wide range of applications, from DeFi projects to NFTs and gaming. The price of NEAR hit $100.00, bringing the value of David's remaining holdings to an astonishing $800,000.
The Millionaire Moment 💣💥
David’s belief in Near Protocol paid off spectacularly. His journey from a $10,000 investment to a millionaire was a blend of strategic thinking, community involvement, and unwavering faith in the project. David’s story exemplifies the power of long-term vision and strategic investment in the ever-evolving world of cryptocurrency.
Conclusion
David's journey with Near Protocol is a shining example of how strategic investments in innovative blockchain projects can lead to significant financial gains. His story underscores the importance of deep community involvement, technological foresight, and strategic profit-taking. From $10,000 to millionaire status, David’s adventure with NEAR is a testament to the exciting possibilities in the crypto world.
BUY IT HERE
👇👇👇
$NEAR
#NEARToken #NEAR🚀🚀🚀 #IA #ETHETFsApproved #SuperMacho
The Initial Leap 💸
In mid-2020, David invested $10,000 in NEAR when it was priced at around $1.00 per token, securing 10,000 NEAR tokens. It was a calculated risk, but he believed in the project's potential to revolutionize blockchain technology.
Deep Dive into the Community 🌐
David didn't just stop at investing; he immersed himself in the Near Protocol community. He participated in developer forums, contributed to discussions, and attended virtual meetups. The Near team regularly engaged with the community, sharing progress updates and launching initiatives to attract developers and users.
Riding the 2021 Bull Run 🚀
The broader cryptocurrency market experienced a massive bull run in early 2021. NEAR began to catch the eye of investors and enthusiasts alike. The price of NEAR surged to $10.00 by the end of the first quarter. David's initial investment had grown to an impressive $100,000, a tenfold increase. Rather than cashing out, David decided to hold, sensing more potential on the horizon.
Strategic Moves and Breakthroughs 📈
Throughout 2021, Near Protocol formed strategic partnerships with other blockchain projects and tech companies, enhancing its capabilities and expanding its ecosystem. By the end of the year, the price of NEAR had soared to $30.00. David's investment was now worth $300,000, but he still believed there was more to come.
Navigating Market Volatility 📉
2022 brought significant market volatility, with NEAR's price fluctuating wildly. Despite the uncertainty, David maintained his faith in Near Protocol's long-term vision. He held onto his tokens, confident that the project would continue to innovate and grow.
Technological Advancements and Ecosystem Growth 🌟
By 2023, Near Protocol had made substantial technological advancements, including the successful implementation of sharding, which significantly improved the network's scalability and efficiency. The ecosystem flourished, attracting more developers and users to build decentralized applications (dApps) on the platform. NEAR's price surged to $50.00, making David's holdings worth $500,000.
Diversification and Giving Back 🤝
With his newfound wealth, David decided to diversify his investments and contribute to the community. He sold 20% of his NEAR holdings, securing $100,000. He reinvested in other promising blockchain projects and traditional assets, and give a portion of his earnings to tech education programs and blockchain development initiatives in underrepresented communities.
Near Protocol’s Ecosystem Boom 🚀
By 2024, Near Protocol had cemented itself as a leading blockchain platform. Its user-friendly environment and robust ecosystem attracted a wide range of applications, from DeFi projects to NFTs and gaming. The price of NEAR hit $100.00, bringing the value of David's remaining holdings to an astonishing $800,000.
The Millionaire Moment 💣💥
David’s belief in Near Protocol paid off spectacularly. His journey from a $10,000 investment to a millionaire was a blend of strategic thinking, community involvement, and unwavering faith in the project. David’s story exemplifies the power of long-term vision and strategic investment in the ever-evolving world of cryptocurrency.
Conclusion
David's journey with Near Protocol is a shining example of how strategic investments in innovative blockchain projects can lead to significant financial gains. His story underscores the importance of deep community involvement, technological foresight, and strategic profit-taking. From $10,000 to millionaire status, David’s adventure with NEAR is a testament to the exciting possibilities in the crypto world.
BUY IT HERE
👇👇👇
$NEAR
#NEARToken #NEAR🚀🚀🚀 #IA #ETHETFsApproved #SuperMacho
Will NEAR Maintain Its Support? Key Resistance Levels in Focus
#NEAR🚀🚀🚀
$NEAR
Current Price: $4.641Support Levels: $4.500 (highlighted by recent lows and accumulation zones)Resistance Levels: $5.270 (near-term resistance indicated by SMA 200), $5.344 (resistance from recent price action)
Volume Analysis: Volume spikes during price drops near the support level suggest potential buying interest, indicating that buyers may step in at these levels to support the price.
RSI: The RSI is at 53.23, indicating neutral conditions, suggesting there is room for upward movement if bullish momentum builds.
MACD: The MACD shows a neutral to slightly bullish stance, with the MACD line crossing above the signal line, indicating potential bullish momentum.
SMA 200: The price is below the SMA 200, suggesting a bearish trend in the short term, but a move above this level could signal a trend reversal.
Bullish Scenario:
For a bullish outlook, NEAR needs to break above the $5.270 resistance level with sustained volume and bullish momentum. A successful break above the SMA 200 on the 1-hour chart, coupled with strong RSI and MACD confirmation, could propel the price towards the next resistance at $5.344.
Bearish Scenario:
A bearish scenario would unfold if NEAR fails to hold above the support level of $4.500. A drop below this level, especially with increased selling volume, could lead to further declines.
Disclaimer
This analysis is for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves significant risk. Conduct your own research and consult a financial advisor before making any trading decisions. The information provided may not reflect current market conditions. The author and publisher are not responsible for any trading losses incurred based on this report.
#6thTrade #July_NonFarmPayrolls_Shock #Market_Update
#NEAR🚀🚀🚀
$NEAR
Current Price: $4.641Support Levels: $4.500 (highlighted by recent lows and accumulation zones)Resistance Levels: $5.270 (near-term resistance indicated by SMA 200), $5.344 (resistance from recent price action)
Volume Analysis: Volume spikes during price drops near the support level suggest potential buying interest, indicating that buyers may step in at these levels to support the price.
RSI: The RSI is at 53.23, indicating neutral conditions, suggesting there is room for upward movement if bullish momentum builds.
MACD: The MACD shows a neutral to slightly bullish stance, with the MACD line crossing above the signal line, indicating potential bullish momentum.
SMA 200: The price is below the SMA 200, suggesting a bearish trend in the short term, but a move above this level could signal a trend reversal.
Bullish Scenario:
For a bullish outlook, NEAR needs to break above the $5.270 resistance level with sustained volume and bullish momentum. A successful break above the SMA 200 on the 1-hour chart, coupled with strong RSI and MACD confirmation, could propel the price towards the next resistance at $5.344.
Bearish Scenario:
A bearish scenario would unfold if NEAR fails to hold above the support level of $4.500. A drop below this level, especially with increased selling volume, could lead to further declines.
Disclaimer
This analysis is for informational purposes only and should not be construed as financial advice. Trading cryptocurrencies involves significant risk. Conduct your own research and consult a financial advisor before making any trading decisions. The information provided may not reflect current market conditions. The author and publisher are not responsible for any trading losses incurred based on this report.
#6thTrade #July_NonFarmPayrolls_Shock #Market_Update
$NEAR & $INJ :
- Higher low's are important to maintain positive structure. We don't want to lose the monthly lows as shown.
- Higher lows and higher highs are what bulls really want to see, even if it takes some time.
- I'm not ruling out boring sideways price action in August where we range between the two horizontal levels drawn out making the recent highs a fake out.
PS - I've drawn out what bulls want to see. I don't think this happens immediately.
More chop to come.
#INJ
#INJECTIVE
#NEAR
#INJ/USDT📈
#NEAR🚀🚀🚀
- Higher low's are important to maintain positive structure. We don't want to lose the monthly lows as shown.
- Higher lows and higher highs are what bulls really want to see, even if it takes some time.
- I'm not ruling out boring sideways price action in August where we range between the two horizontal levels drawn out making the recent highs a fake out.
PS - I've drawn out what bulls want to see. I don't think this happens immediately.
More chop to come.
#INJ
#INJECTIVE
#NEAR
#INJ/USDT📈
#NEAR🚀🚀🚀
🚨 Emergency Alert: $NEAR Price Predictions ‼️
🚀📈 NEAR Protocol Aims for $8 Comeback as Active Addresses Hit All-Time High🚀
NEAR Protocol's price is eyeing a comeback to $8 as the network's active addresses hit an all-time high. The surge in active addresses indicates growing adoption and usage of the protocol, which could drive the price higher. With a strong technical setup and bullish sentiment, NEAR Protocol is poised for a potential breakout.
#NEAR🚀🚀🚀 #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceTurns7 #Write2Earn!
🚀📈 NEAR Protocol Aims for $8 Comeback as Active Addresses Hit All-Time High🚀
NEAR Protocol's price is eyeing a comeback to $8 as the network's active addresses hit an all-time high. The surge in active addresses indicates growing adoption and usage of the protocol, which could drive the price higher. With a strong technical setup and bullish sentiment, NEAR Protocol is poised for a potential breakout.
#NEAR🚀🚀🚀 #ETH_ETFs_Trading_Today #Bitcoin_Coneference_2024 #BinanceTurns7 #Write2Earn!
NEAR Foundation Allocates $4 Million to Boost Blockchain Infrastructure
The NEAR Foundation, a non-profit organization overseeing the NEAR Protocol blockchain, has launched an Infrastructure Committee with a $4 million budget to strengthen the network's core infrastructure.
This initiative aims to improve various aspects of NEAR Protocol, including bridges, relayers, wallets, and developer tools. The committee has already funded five proposals, with more than half of the budget still available for community-submitted projects.
This move comes as NEAR Protocol experiences significant growth, processing over 800 million transactions and attracting popular decentralized applications.
#NEAR🚀🚀🚀 #BullorBear #Nonfarm #mythoughts
The NEAR Foundation, a non-profit organization overseeing the NEAR Protocol blockchain, has launched an Infrastructure Committee with a $4 million budget to strengthen the network's core infrastructure.
This initiative aims to improve various aspects of NEAR Protocol, including bridges, relayers, wallets, and developer tools. The committee has already funded five proposals, with more than half of the budget still available for community-submitted projects.
This move comes as NEAR Protocol experiences significant growth, processing over 800 million transactions and attracting popular decentralized applications.
#NEAR🚀🚀🚀 #BullorBear #Nonfarm #mythoughts
LIVE
MetaversePost
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NEAR Foundation Launches Infrastructure Committee, Allocates $4M Funding to Project Development
The nonprofit foundation responsible for overseeing the development of the Proof-of-Stake (PoS) blockchain NEAR Protocol, NEAR Foundation, unveiled the establishment of an Infrastructure Committee and earmarked a budget of $4 million to support infrastructure projects.
The recently launched initiative–an Infrastructure Committee–seeks to enhance the core infrastructure of the NEAR Protocol, covering various components such as bridges, relayers, wallets, indexers, oracles, RPC nodes, and balancers. Moreover, it aims to ensure that the NEAR Protocol is accurately listed on the majority of decentralized exchanges (DEXs).
At present, it has provided funding for five proposals, including the enhancement of FASTNEAR infrastructure services, such as new RPC nodes and custom endpoints, the establishment of a governance committee Treasury application, implementation of Jutsu IDE infrastructure for AI development environment, audit of Ledger integration, and support services for Aurora Web 3.0 wallet.
However, the NEAR Foundation also highlighted that more than half of the allocated budget remains available, encouraging the community to submit ideas and proposals for infrastructure projects. The Infrastructure Committee anticipates initiatives related to new bridges, targeted relayers, improved RPC nodes, specialized common endpoints, ICANN-compliant DNS, and the expansion of top-level domains.
NEAR Protocol: A Sharded PoS Blockchain Leading Innovation
NEAR Protocol is a Layer 1 sharded PoS blockchain known for its integrated functionalities like-named accounts and account abstraction. It provides developers with comprehensive infrastructure support for their applications, ranging from smart contracts to indexers. Moreover, NEAR Protocol boasts interoperability with various other blockchain networks.
Throughout its four years of operation, the protocol has successfully processed over 800,000,000 transactions, even sustaining peaks exceeding 13,000,000 transactions in a single day. Additionally, at the end of March, the top three decentralized applications based on unique active wallets, including Hot Wallet, Sweat, and Kai-ching, were developed on NEAR Protocol.
The protocol provides a straightforward onboarding process for developers, enabling them to create smart contracts using either JavaScript or Rust. Furthermore, developers are also earmarked to receive 30% of the gas fees generated by the NEAR Protocol.
The post NEAR Foundation Launches Infrastructure Committee, Allocates $4M Funding To Project Development appeared first on Metaverse Post.
The recently launched initiative–an Infrastructure Committee–seeks to enhance the core infrastructure of the NEAR Protocol, covering various components such as bridges, relayers, wallets, indexers, oracles, RPC nodes, and balancers. Moreover, it aims to ensure that the NEAR Protocol is accurately listed on the majority of decentralized exchanges (DEXs).
At present, it has provided funding for five proposals, including the enhancement of FASTNEAR infrastructure services, such as new RPC nodes and custom endpoints, the establishment of a governance committee Treasury application, implementation of Jutsu IDE infrastructure for AI development environment, audit of Ledger integration, and support services for Aurora Web 3.0 wallet.
However, the NEAR Foundation also highlighted that more than half of the allocated budget remains available, encouraging the community to submit ideas and proposals for infrastructure projects. The Infrastructure Committee anticipates initiatives related to new bridges, targeted relayers, improved RPC nodes, specialized common endpoints, ICANN-compliant DNS, and the expansion of top-level domains.
NEAR Protocol: A Sharded PoS Blockchain Leading Innovation
NEAR Protocol is a Layer 1 sharded PoS blockchain known for its integrated functionalities like-named accounts and account abstraction. It provides developers with comprehensive infrastructure support for their applications, ranging from smart contracts to indexers. Moreover, NEAR Protocol boasts interoperability with various other blockchain networks.
Throughout its four years of operation, the protocol has successfully processed over 800,000,000 transactions, even sustaining peaks exceeding 13,000,000 transactions in a single day. Additionally, at the end of March, the top three decentralized applications based on unique active wallets, including Hot Wallet, Sweat, and Kai-ching, were developed on NEAR Protocol.
The protocol provides a straightforward onboarding process for developers, enabling them to create smart contracts using either JavaScript or Rust. Furthermore, developers are also earmarked to receive 30% of the gas fees generated by the NEAR Protocol.
The post NEAR Foundation Launches Infrastructure Committee, Allocates $4M Funding To Project Development appeared first on Metaverse Post.
PAIR:NEARUSDT
CROSS LONG🔝🔝🔝
MY ENTRY PRICE: 5.430
LEVERAGE: 30
TARGET: 1 ➡️5.535
TARGET: 2 ➡️ 5.555
TARGET: 3 ➡️5.575
#bitcoinhalving #write2earn🌐💹 #BinanceLaunchpool #NEAR🚀🚀🚀 #BullorBear $NEAR $BTC
gooooooooooooooo
CROSS LONG🔝🔝🔝
MY ENTRY PRICE: 5.430
LEVERAGE: 30
TARGET: 1 ➡️5.535
TARGET: 2 ➡️ 5.555
TARGET: 3 ➡️5.575
#bitcoinhalving #write2earn🌐💹 #BinanceLaunchpool #NEAR🚀🚀🚀 #BullorBear $NEAR $BTC
gooooooooooooooo
Hello all my #NEAR🚀🚀🚀 trade is just ripping ... look at the the chart and the trade provided by Cryptopredix indicator its just amazing to see how easily it gives the trades before even the Price moves in that direction .... a must have indicator for sure #BinanceLaunchpool #BTC #buythedip #altcoins
