• Home
  • NEAR Protocol Hits 450M Transactions, 12.3M Unique Addresses Amid Crypto Downturn

NEAR Protocol Hits 450M Transactions, 12.3M Unique Addresses Amid Crypto Downturn

The Essentials at a Glance

NEAR Protocol has reached a remarkable milestone of 450 million transactions and 12.3 million unique addresses. These impressive figures suggest strong growth and increased user engagement. Various factors such as the development of the NEAR AI R&D Labs and the introduction of new technologies have contributed to this development. Current price movements indicate a possible reversal of the previous downward trend, which should interest investors and users alike.

Rising User Engagement with NEAR Protocol

In recent months, the NEAR Protocol has experienced extraordinary growth, both in terms of transactions and the number of unique addresses. Particularly noteworthy is the increase of 12.3 million new addresses in June. These figures not only underline the users’ trust in the network, but also its scalability and efficiency. A key factor for this growth is continuous innovation, such as the development of the NEAR AI R&D Labs, which aims to advance the integration of AI and blockchain technology.

Technological Innovations as Growth Drivers

NEAR Protocol has consolidated its position in the crypto market through the introduction of innovative technologies such as chain signatures and the integration of the HERE Wallet. These developments have not only improved the user experience, but also make NEAR accessible to a wider user base. The combination of low fees, high success rate in transactions, and a focus on security and scalability attracts a growing number of users.

Impact on Price

Despite a general decline in the crypto market, NEAR shows signs of a possible trend reversal. The price currently stands at $4.74 USD, an increase of 5.27% in 24 hours. Analysts suggest that the previous bearish trend is subsiding, signaling a potential reversal. Indicators such as the Money Flow Index and the MACD support this assumption by pointing to increasing buying readiness and decreasing bearish momentum.

Our Assessment

The impressive figures from NEAR in terms of transactions and new addresses are a clear sign of user trust and engagement. The continuous technological innovation and focus on user-friendliness position NEAR as a key player in the field of blockchain technology. Although the market continues to pose challenges, current trends suggest that NEAR is well positioned to continue growing in the future. Investors and users should keep an eye on developments, as current indicators point to a possible positive price movement.

Sources: Tradingview, Coinglass

100% without limit + 100 Free Spins
Welcome bonus
Cryptocurrencies (20)
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • Bonk Coin Logo
  • Dogecoin Logo
  • Ethereum Logo
  • Floki Coin Logo
  • Litecoin Casino
  • Pepe Coin Logo
  • Polygon (MATIC) Signet
  • Ripple XRP Logo
  • Tamadoge Logo
  • Tether (USDT) Logo
  • Toncoin Logo
  • tron-logo
  • usd-coin-logo
CoinKings review
Bonus Information CoinKings
Wagering requirements 35x bonus
35x free spins winnings
Minimum deposit €20
Maximum bet €5
Bonus validity 30 days to claim
14 days to wager / 7 days for free spins
  • There is no maximum bonus amount.
  • 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
How did we rate this casino

In addition to an unlimited bonus, Coinkings.io has a lot to offer. We have a high tolerance for VPNs, an impeccable selection of cryptocurrencies and, above all, an experienced team that immediately provided a wide range of games. In combination, all of this is very convincing.

Author & Responsibility: Gregor Ziegler
Last update by Christian Dräger on 3. December 2024
The Curaçao Gaming Control Board Logo (onlight)
Curaçao
Licence
Up to 1.03 BTC + 225 Free Spins
Welcome bonus
Cryptocurrencies (29)
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • Bonk Coin Logo
  • Chainlink_Logo
  • dai-logo
  • Dogecoin Logo
  • Ethereum Logo
  • Floki Coin Logo
  • Litecoin Casino
  • Pepe Coin Logo
  • Polygon (MATIC) Signet
  • Ripple XRP Logo
  • Tether (USDT) Logo
  • Toncoin Logo
  • tron-logo
  • usd-coin-logo
  • Zcash Signet (black)
Bets.io review
Bonus Information Bets.io
Wagering requirements 40x bonus
40x free spins winnings
Minimum deposit 0.0005 BTC
Maximum bet 0.00004 BTC
Bonus validity 30 days after registration
14 days (1st), 7 days (2nd), 1 day (3rd)
  • To get the bonus, enter the bonus code before the deposit.
  • Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
  • Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
  • Free spins are provided in batches of 25 per day.
  • Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
How did we rate this casino

Bets.io stands out as one of our top-rated crypto casinos. It combines everything you love about Dama casinos — like a stellar game selection and rock-solid reliability — with a refreshing twist: no frustrating KYC processes and no outdated payment methods.

Author & Responsibility: Steven Harper
Last update by Abby Richards on 3. December 2024
Anjuan Gaming
Anjouan
Licence
100% up to 1 BTC
Welcome bonus
Cryptocurrencies (9)
  • Bitcoin Logo
  • Bitcoin Cash Logo
  • Dogecoin Logo
  • Ethereum Logo
  • Litecoin Casino
  • Tether (USDT) Logo
  • tron-logo
  • usd-coin-logo
Metaspins review
Bonus Information Metaspins
Wagering requirements 40x bonus
Minimum deposit 0,1 mBTC
Maximum bet $5 per spin
Bonus validity 7 days to wager
  • There is no cap on winnings or withdrawals.
How did we rate this casino

Metaspins is still a very young crypto casino, but it can already convince with a very modern website, a good selection of games and, above all, an excellent bonus.

Isabella Brown
Author & Responsibility: Isabella Brown
Last update by Gregor Ziegler on 3. December 2024
The Curaçao Gaming Control Board Logo (onlight)
Curaçao
Licence

Latest News

Paula Winkler

Created by

After over 6 years in print journalism, I stumbled into the iGaming niche in 2017. One thing became evident to me quickly: Online Casino Reviews need more transparency! I joined the Kryptocasinos.com Team in 2023 and are the main expert for all topics related to „Player Security“.
In my private life, I am an active member of the volunteer fire department and enjoy the outdoors with my dog Ruby.
Reviewed by
Slot-Enthusiast and Developer

Last update: 25. September 2024

kryptocasinos.com Logo Advertising transparency

We are independent, transparent and funded by revenue we generate when you sign up at a casino through us.

Our goal is to help you make better decisions when choosing a casino by offering different information, providing filters and comparison tables, and publishing objective content. Thus, we give you the opportunity to research for free, compare casinos and make your decision based on that.

We cannot guarantee that a casino that is very good for us will fit your type of player and your circumstances.

Why trust us?

We work according to transparent editorial guidelines and disclose our testing methods as well as funding. This article may contain links to our partners, but this does not influence our objective view in any way.

🍪
We use cookies. By using this site, you accept them.

Compare Casinos Choose up to 3 casinos to compare