Shiba Inu (SHIB) is at risk of losing its position among the top 30 cryptocurrencies as NEAR Protocol gains market momentum. SHIB currently ranks 29th with a market capitalization of approximately $3.24 billion, while NEAR has narrowed the gap to about $50 million, according to CoinMarketCap data. NEAR's strong performance in May, with a 138% surge, has been driven by increased investor interest in artificial intelligence and privacy-related blockchain infrastructure. NEAR Protocol has attracted significant institutional liquidity through staking products and upcoming network upgrades, further pressuring SHIB and other meme-based assets. The oversupply of SHIB, with nearly 81 trillion tokens on exchanges, continues to weaken investor confidence and market demand. Meanwhile, NEAR's institutional activity has been bolstered by Bitwise's European NEAR Staking ETP and increased derivatives activity, with futures open interest reaching record levels. As a result, NEAR is poised to overtake SHIB if current trends persist.