A Pro Member asked...

NEAR seems to be holding up pretty well recently compared to BTC and other L1 tokens. Are there any recent developments or new apps launchin

NEAR kind of has a bunch of narratives going for it right now and is also fully unlocked. There’s not really new adoption but they have NearDA, are building chain abstraction, the whole AI angle, etc.


So, I think it’s just a confluence of them having their hands in a bunch of different narratives and the token not suffering from large unlocks. It’s to be seen how successful they’ll be in these areas but are worth keeping an eye on. Chain abstraction, if successful, would be the biggest unlock.

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Hmm it’s quiet here. Be the first to comment on this post!