{"id":575820,"date":"2024-02-19T16:00:49","date_gmt":"2024-02-19T16:00:49","guid":{"rendered":"https:\/\/ktsl888.com\/?p=575820"},"modified":"2024-02-19T13:29:46","modified_gmt":"2024-02-19T13:29:46","slug":"near-skyrockets-nearly-30-investors-intrigued-by-these-metrics","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/near-skyrockets-nearly-30-investors-intrigued-by-these-metrics\/","title":{"rendered":"NEAR Skyrockets Nearly 30% – Investors Intrigued By These Metrics"},"content":{"rendered":"

NEAR has consistently followed the market trend since the start of the year. The <\/span>latest<\/span><\/a> market data shows the token is up nearly 30% bi-weekly. This is evidence that investors are still hyped by the recent growth featured within the broader market and the recent developments on the NEAR Protocol.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin On Steroids: Key Technical Factors Fueling The Rally To $70,000<\/a><\/div>\n

Account Aggregation: What\u2019s The Gist?\u00a0<\/b><\/h2>\n

NEAR is continuing its mission to be the one-all-be-all for entry-level and professional entities within Web 3. Account aggregation, or the consolidation of Web 3 and crypto accounts into one NEAR account, is their current focus.\u00a0<\/span><\/p>\n

Account aggregation is, according to their most recent <\/span>blog post<\/span><\/a>, a \u201ccritical pillar of advancing Chain Abstraction.\u201d\u00a0<\/span><\/p>\n

It essentially groups every single account you have across the crypto world into a single access point: your NEAR Protocol account. The technology is still in development, but it seems to incite excitement in investors.<\/span><\/p>\n

If NEAR can implement this innovation seamlessly within its ecosystem and beyond, it will cement itself to be a true innovator within the DeFi and Web 3 space.\u00a0<\/span><\/p>\n

NEARUSD currently trading at $3.529 on the daily chart: TradingView.com<\/a><\/pre>\n
According to a <\/span>recent<\/span><\/a> development overview done by Reflexivity Research, NEAR\u2019s position allows it to be the bridge of all bridges within the crypto space.<\/span><\/p>\n
\n
Overview of @NEARProtocol<\/a>‘s Q4 developments:<\/p>\n
NEAR Protocol stands as a Layer-1 (L1) smart contract blockchain that couples a state-of-the-art sharded architecture with an emphasis on offering a user experience reminiscent of Web 2 platforms. While maintaining the security and\u2026 pic.twitter.com\/LzKcMldJy7<\/a><\/p>\n
\u2014 Reflexivity Research (@reflexivityres) February 16, 2024<\/a><\/p><\/blockquote>\n
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By distilling various blockchains to create a seamlessly integrated Web3 encounter, the advantages extend beyond mere enhancements in user experience. This approach has the potential to not only enhance UX but also diminish liquidity fragmentation and tribalism inherent in a decentralized crypto ecosystem constructed around disconnected, isolated blockchains, as underscored in a response by NEAR to a Reflexivity post on X.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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“abstracting away different blockchains for a seamless Web3 experience has benefits beyond simply improving UX. It can potentially also reduce the liquidity fragmentation and tribalism associated with a fragmented crypto economy built around disparate, siloed blockchains.” https:\/\/t.co\/nxXMBKdMeJ<\/a><\/p>\n
\u2014 NEAR Protocol (@NEARProtocol) February 16, 2024<\/a><\/p><\/blockquote>\n
In simple terms, NEAR\u2019s recent development can unite the fragmented Web 3 space, onboarding new users and bringing new growth to the crypto world.\u00a0<\/span><\/p>\n
NEAR Approaching A Possible Ceiling<\/b><\/h2>\n
\"\"<\/p>\n
In its current situation, NEAR is following Bitcoin very closely in its price changes. Investors should then be careful of possible pitfalls within Bitcoin\u2019s bullish market that may affect NEAR\u2019s ability to climb.\u00a0<\/span><\/p>\n
Related Reading: Cardano Solid Stats: ADA Soars 14% On Rising TVL and Market Cap \u2013 Details<\/a><\/div>\n
If bearishness does take over the market, investors can rely on the $2.8 price level to slow down any bearish attempt in the short to medium term. However, investors and traders should try and consolidate on this line if NEAR follows any downward pressure from the broader market.\u00a0<\/span><\/p>\n
Featured image from Adobe Stock, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
NEAR has consistently followed the market trend since the start of the year. The latest market data shows the token is up nearly 30% bi-weekly. This is evidence that investors are still hyped by the recent growth featured within the broader market and the recent developments on the NEAR Protocol.\u00a0 Related Reading: Bitcoin On Steroids: Key Technical Factors Fueling The Rally To $70,000 Account Aggregation: What\u2019s The Gist?\u00a0 NEAR is continuing its mission to be the one-all-be-all for entry-level and professional entities within Web 3. Account aggregation, or the consolidation of Web 3 and crypto accounts into one NEAR account, is their current focus.\u00a0 Account aggregation is, according to their most recent blog post, a \u201ccritical pillar of advancing Chain Abstraction.\u201d\u00a0 It essentially groups every single account you have across the crypto world into a single access point: your NEAR Protocol account. The technology is still in development, but it seems to incite excitement in investors. If NEAR can implement this innovation seamlessly within its ecosystem and beyond, it will cement itself to be a true innovator within the DeFi and Web 3 space.\u00a0 NEARUSD currently trading at $3.529 on the daily chart: TradingView.com According to a recent development overview done by Reflexivity Research, NEAR\u2019s position allows it to be the bridge of all bridges within the crypto space. Overview of @NEARProtocol‘s Q4 developments: NEAR Protocol stands as a Layer-1 (L1) smart contract blockchain that couples a state-of-the-art sharded architecture with an emphasis on offering a user experience reminiscent of Web 2 platforms. While maintaining the security and\u2026 pic.twitter.com\/LzKcMldJy7 \u2014 Reflexivity Research (@reflexivityres) February 16, 2024 By distilling various blockchains to create a seamlessly integrated Web3 encounter, the advantages extend beyond mere enhancements in user experience. This approach has the potential to not only enhance UX but also diminish liquidity fragmentation and tribalism inherent in a decentralized crypto ecosystem constructed around disconnected, isolated blockchains, as underscored in a response by NEAR to a Reflexivity post on X. “abstracting away different blockchains for a seamless Web3 experience has benefits beyond simply improving UX. It can potentially also reduce the liquidity fragmentation and tribalism associated with a fragmented crypto economy built around disparate, siloed blockchains.” https:\/\/t.co\/nxXMBKdMeJ \u2014 NEAR Protocol (@NEARProtocol) February 16, 2024 In simple terms, NEAR\u2019s recent development can unite the fragmented Web 3 space, onboarding new users and bringing new growth to the crypto world.\u00a0 NEAR Approaching A Possible Ceiling In its current situation, NEAR is following Bitcoin very closely in its price changes. Investors should then be careful of possible pitfalls within Bitcoin\u2019s bullish market that may affect NEAR\u2019s ability to climb.\u00a0 Related Reading: Cardano Solid Stats: ADA Soars 14% On Rising TVL and Market Cap \u2013 Details If bearishness does take over the market, investors can rely on the $2.8 price level to slow down any bearish attempt in the short to medium term. However, investors and traders should try and consolidate on this line if NEAR follows any downward pressure from the broader market.\u00a0 Featured image from Adobe Stock, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":575829,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,86485],"tags":[134,14690,85054,90933,10709],"class_list":["post-575820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-near-protocol","tag-altcoin","tag-crypto-news","tag-near","tag-on-chain-news","tag-price-prediction"],"acf":[],"yoast_head":"\nNEAR Skyrockets 30% - Investors Intrigued By These Metrics<\/title>\n<meta name=\"description\" content=\"NEAR has consistently followed the market trend since the start of the year. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"NEAR Skyrockets Nearly 30% – Investors Intrigued By These Metrics","url":"http:\/\/ktsl888.com\/news\/near-skyrockets-nearly-30-investors-intrigued-by-these-metrics\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/near-skyrockets-nearly-30-investors-intrigued-by-these-metrics\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/1_8114f3.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/1_8114f3.jpg?fit=360%2C240"},"articleSection":"Near Protocol","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","crypto news","near","on-chain news","price prediction"],"dateCreated":"2024-02-19T16:00:49Z","datePublished":"2024-02-19T16:00:49Z","dateModified":"2024-02-19T16:00:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"NEAR Skyrockets Nearly 30% – Investors Intrigued By These Metrics\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/near-skyrockets-nearly-30-investors-intrigued-by-these-metrics\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/near-skyrockets-nearly-30-investors-intrigued-by-these-metrics\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/1_8114f3.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/02\\\/1_8114f3.jpg?fit=360%2C240\"},\"articleSection\":\"Near Protocol\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"crypto news\",\"near\",\"on-chain news\",\"price prediction\"],\"dateCreated\":\"2024-02-19T16:00:49Z\",\"datePublished\":\"2024-02-19T16:00:49Z\",\"dateModified\":\"2024-02-19T16:00:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/02\/1_8114f3.jpg?fit=360%2C240","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/575820"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=575820"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/575820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/575829"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=575820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=575820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=575820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}