NEAR Q3 Status Report: Daily trading volume reached a new high of 770,000, and FDV fell 17% month-on-month to $1.12 billion.

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Cointime2023/10/27 10:36

By:Cointime

Messari released NEAR's Q3 2023 status report, with the following highlights: 1. NEAR's daily active addresses increased by 350% compared to the previous quarter, from 60,000 to 260,000; 2. The number of new addresses increased by 274% compared to the previous quarter, with a total of 51,000 new addresses per day; 3. The daily trading volume reached a historical high of 770,000 transactions, with the average transaction fee decreasing by 25% compared to the previous quarter to 0.001 USDT; 4. NEAR's circulating market value decreased by 14% compared to the previous quarter to 1.08 billion US dollars, and FDV decreased by 17% compared to the previous quarter to 1.12 billion US dollars; 5. Native USDC was launched on NEAR, and the market value of stablecoins decreased by 27% compared to the previous quarter, from 112 million US dollars to 82 million US dollars; 6. NEAR TVL decreased by 13% compared to the previous quarter, to 52 million US dollars; 7. NEAR network revenue increased by 9% compared to the previous quarter, from 98,000 US dollars to 108,000 US dollars.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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