Author: OurNetwork

Compiled by: Xiaobai Navigation coderworld

Editor's Note: Background

Welcome to our 2024 Ecosystem Special! In this issue, we will take a deep dive into NEAR, the industry’s most enduring and technologically superiorCommunityOne of the platforms.

NEAR has been focusing onChain Signaturefeature, which allows NEAR accounts toBlockchainChain signatures not only enhance the capabilities of developers, but also enable them to writeBlockchainInteractive Intelligencecontract.This featureis an important driver of NEAR’s vision for 2024 and beyond, as it aims to simplifyBlockchainThe underlying architecture of the platform provides users with a smoother experience.

Another important direction of NEAR is artificial intelligence, especially theUser-defined technologyNEAR AI A key point in the development roadmapXiaobai NavigationThe key step is to startIncubation Program, which includes projects that provide payment infrastructure, GPU marketplaces, and tools to monetize artists’ work.

This is just the beginning. Below we will take a deeper look at NEAR’s past, present, and future direction. Let’s take a look. —ON Editorial Team

Abhishek Anirudhan | Website | Dashboard

NEAR has a strong third quarter with 30 million new users and 600 million transactions

• NEAR Protocol 是一个完全分片、成本高效的一级区块链 (L1)，以高速交易能力著称，目标是将10亿用户引入开放网络。它的核心关注点是提高可用性，提供灵活的账户模型，以及构建能够支持数十亿用户的主流应用的高度可扩展区块链。在第三季度，NEAR 新增了3000万用户，使链上用户总数超过1.3亿，并处理了超过6亿笔交易。

Flipside

• Despite the exponential growth in transaction volume, transaction fees have remained relatively stable. In the third quarter, the protocol generated 300,000 NEAR by processing more than 600 million transactions, with an average transaction fee of 0.0005 NEAR per transaction. This is due to sharding, a scaling method that divides a blockchain into multiple parallel chains. Currently, the protocol has 6 shards and plans to increase to 10 by the end of 2024.

Flipside

• NEAR's technical strength and its chain abstraction and user autonomyAIThe vision of the company has attracted many new developers to join the ecosystem. This year, developers have deployed about 5,000 newcontract, exceeding the number deployed in 2023contractTotal number (about 4500).

Flipside

Consumer Ecosystem | Dashboard

Consumer adoption on NEAR continues to thrive, with daily active users growing to 3.1 million in Q3

• NEAR’s ChainSignatures are a breakthrough chain abstraction solution that enables developers to simplify multi-chain dApp development to a single level — a smart contract on NEAR that can communicate with all other chains.wallet, such as Sweat Economy, HERE Wallet, and Bitte Wallet, have successfully implemented chain signatures, leading to a significant increase in usage - in the third quarter, NEAR had an average of approximately 3.1 million daily active users, up from 1.6 million in the first quarter. This brought the average monthly active users to 22.9 million in the third quarter, up from 13 million in the second quarter.

Artemis

• Like Kaikai, Sweat and HERE Wallet (also known as HOT wallet) Such consumer applications have already created a new platform for the NEAR ecosystem and web3 引入了超过 5500 万个新钱包。

Flipside

• Consumer applications on NEAR have shown strong user retention. In fact, the majority of the chain’s daily active users are retained users. In Q3, of the 3.1 million average daily active wallets, only 280,000 were new wallets, while the remaining 2.8 million were wallets of existing users.

Artemis

DeFi Ecosystem | Dashboard

NEAR’s TVL and Liquid Staking Reach $250 Million

• Decentralized finance (DeFi) on NEAR is experiencing a resurgence: Total value locked (TVL) grew from ~$100M at the beginning of the year to ~$250M at the end of Q3. The recent launch of the chain signature feature, as well as upcoming infrastructure and projects such as multi-chain decentralizedexchange(DEX) Defuse is expected to further drive this number up.

DeFiLlama

• As the total locked value (TVL) on NEAR grows, liquidity staking is also increasing simultaneously. In 2024, NEAR not only introduced new projects such as HERE Wallet staking and TruStake, but also included the already mature Meta Pool and LiNEAR. In addition, Allstake, a full-chain reset protocol, is also among them. These projects have contributed a total of approximately US$325 million in assets.

DeFiLlama

• Users’ interest in decentralized finance (DeFi) on NEAR has also extended to the memecoin space. NEAR’s latest DeFi project, meme.cooking, is a token launch platform that has reached a total locked value (TVL) of about 11K NEAR (about $54,000) within 2 hours of its launch.

Pikespeak

Stablecoins on NEAR

Sebastian Melendez | Dashboard

• Since the beginning of 2024, NEAR’s stablecoin usage has surged—with monthly volume exceeding $2 billion in August and year-to-date growth exceeding 800%.

Artemis

• In June 2024, the number of monthly stablecoin transfers on the NEAR blockchain peaked at over 3.3 million.

Artemis

• The total stablecoin supply on NEAR reached $671.05 million, making it the tenth largest blockchain by market cap in this category.

DeFiLlama

Didier Pironi | Dashboard

• The number of delegators on the network has been growing steadily, notably from 50,000 at the beginning of 2023 to over 250,000 in 2024. This indicates that more and more users are participating in staking and delegating activities on the network, which may reflect the growing confidence of users in the platform and its staking rewards.

Pikespeak

• Since 2021, the total amount of NEAR staked has continued to grow and has remained remarkably stable after exceeding 400 million NEAR at the end of 2022. Currently, a total of 619 million NEAR has been staked to secure the network.Safety.

Pikespeak

• The number of validators on the NEAR network has remained relatively stable since 2023, typically fluctuating between 160 and 240. This stability suggests that the network’s staking ecosystem is functioning well and is healthy.

The article comes from the Internet:NEAR on-chain data special: 30 million new users in the third quarter, total locked value reached 250 million US dollars

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