- NEAR’s on-chain activity has continued upward, daily transactions, active wallets, and developer engagement shows ecosystem growth trends.
- The NEAR price is trading near $1.65–$1.70,as key resistance remains at $1.80 and $1.95 could potentially trigger relief rallies.
- NEAR revenue has grown steadily to $14.4M over three years, a sign of sustained usage and structural maturation within the blockchain network.
NEAR continues to attract attention as its ecosystem activity demonstrates consistent growth despite broader market uncertainty. On-chain metrics and developer engagement reflect rising adoption trends and sustained usage over recent months.
Market Performance and Technical Indicators
NEAR’s price has recently been trading around $1.65–$1.70, marking its lowest valuation since early October. Michaël van de Poppe noted that reclaiming $1.80 and ideally $2 could signal renewed bullish momentum.
The NEAR/USDT daily chart shows a prolonged bearish trend with repeated failure to reclaim midrange levels. Large overhead supply zones between $3.1–$3.6 indicate strong resistance, as previous rallies in that area experienced heavy selling.
Volume expansion during recent sell-offs suggests late-stage selling pressure, potentially signaling an upcoming market decision point. Bulls need to reclaim $1.80 and $1.95 levels to trigger a rally toward $2.30–$2.60.
On-Chain Activity and Ecosystem Expansion
Senior reported NEAR’s consistent on-chain growth, noting increases in developer activity, active wallets, and daily transactions. Big NEAR holders have been buying more during price dips, showing stronger demand as the ecosystem grows.
This price strength shows increasing trader interest, that is likely driven by expectations of price recovery or specific ecosystem developments.
Short-term performance suggests absorption of capital from other large-cap altcoins, positioning NEAR as a high-beta leader in the current market rotation. Leadership in performance alone does not confirm trend reversal, but reclaiming key resistance levels may support further upside.
Revenue Growth and Network Usage
NEAR achieved 1 million transactions per second in testing. This is showing notable improvements in scaling capacity. Revenue trends often reveal a structural maturation, therefore with $14.4 million trailing three-year revenue it shows an accelerating growth phase.Â
The increase in revenue was due to higher ecosystem usage and protocol demand. This is reflecting usage-driven expansion rather than speculative activity. Early 2024 revenue spikes were followed by controlled normalization, indicating recurring user engagement.
The NEAR Protocol demonstrates stable economic throughput, showing recurring on-chain activity even after peak periods. Persistent revenue patterns provide a stable foundation, supporting token value during price fluctuations.
