NEAR Protocol is positioned for significant growth, with experts predicting a potential 2X increase in its price by 2030. The layer-one blockchain, known for its scalability and developer-friendly environment, has seen a 40% increase in monthly active developers as of Q4 2024, according to Messari. This growth is supported by its Nightshade sharding technology, which enhances transaction throughput and maintains low fees.
The protocol's total value locked (TVL) reached $350 million by December 2024, marking a 120% year-over-year increase. Analysts highlight NEAR's competitive positioning against other layer-one solutions like Ethereum and Solana, emphasizing its unique sharding implementation and carbon neutrality. Key factors influencing its price trajectory include network upgrades, enterprise adoption, and potential regulatory developments. Despite inherent market volatility, NEAR's technical innovations and ecosystem expansion present a compelling case for long-term appreciation.
NEAR Protocol Poised for Potential 2X Growth by 2030
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
