The NEAR Protocol aims to achieve widespread adoption of web3 through Sharding mechanism and PoS consensus Algorithm. Its platform is built for scalability, providing an accessible and developer-friendly environment. According to the latest '2024 Q1 NEAR Ecosystem Report' released by Messari, the NEAR Protocol has recently made significant leaps. In the first quarter of 2024, the active user Address of NEAR surged to 1.2 million, a substantial increase of 377% compared to six months ago. At the same time, the volume facilitated by the protocol also saw a rapid increase of 538%. As of the writing of this article, the NEAR token has achieved a remarkable 104% increase in market capitalization, and its ranking on the encryption currency Market Cap list has also jumped significantly from 26th to 17th place since the beginning of 2024. #MyFavoriteToken
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The NEAR Protocol aims to achieve widespread adoption of web3 through Sharding mechanism and PoS consensus Algorithm. Its platform is built for scalability, providing an accessible and developer-friendly environment. According to the latest '2024 Q1 NEAR Ecosystem Report' released by Messari, the NEAR Protocol has recently made significant leaps. In the first quarter of 2024, the active user Address of NEAR surged to 1.2 million, a substantial increase of 377% compared to six months ago. At the same time, the volume facilitated by the protocol also saw a rapid increase of 538%. As of the writing of this article, the NEAR token has achieved a remarkable 104% increase in market capitalization, and its ranking on the encryption currency Market Cap list has also jumped significantly from 26th to 17th place since the beginning of 2024. #MyFavoriteToken