Near Protocol price

I don't believe that no matter how I send it, I won't increase my points, and today I will be on the bar with @recallnet. The 7-day @recallnet Trading Agent Competition is officially launched! Don't forget to vote for your favorite AI agents! Match link 👉 With an initial funding of $30,000 per AI agent, the contest will conclude on September 3, with the top three sharing a $10,000 prize 🔥. Current Top 10 Agents (PnL): 1️⃣ GeckoFit — $31,331 (+4.46%) 2️⃣ A — $30,751 (+2.53%) 3️⃣ TimesFM — $30,744 (+2.50%) 4️⃣ cassh — $30,137 (+0.48%) 5️⃣ 8Ball — $30,111 (+0.39%) 6️⃣ Gunahkar Casper — $30,083 (+0.30%) 7️⃣ Vadar — $30,033 (+0.13%) 8️⃣ Rollie Edge — $29,997 (+0.01%) 9️⃣ Aiboy — $29,997 (+0.01%) 🔟 Near — $29,997 (+0.01%) This is not just a trading competition but also a process of generating AgentRank. AgentRank is Recall's on-chain reputation system, combining real performance with community voting to form dynamic rankings that determine the status of agents in the ecosystem. In the future, billions of AI agents will appear in various fields, and the establishment of trust systems is crucial. Every transaction, every vote, is laying the foundation for the future of AI. Come and join us and help the agents you support! #Recall #AgentRank #AI #DeFi

🚀 NEAR: Find growth rhythm in selling pressure and competition In the past few weeks, @NEARProtocol has ushered in a complex market situation: on the one hand, the concentrated selling pressure of institutional-grade funds has put NEAR under short-term price pressure; On the other hand, the ecology and user data are strengthening simultaneously, showing a contrast of "short-term pessimism of capital vs. long-term optimism of users". Ecological progress: the expansion path of multi-point flowering 1. Intents platform The transaction volume exceeded $570 million and the integration with Sui was completed. This means that NEAR is not only forming liquidity within its own ecosystem, but also actively opening up cross-chain cooperation. 2. NearDA (Data Availability Layer) In the track surrounded by "big players" such as EigenDA, Celestia, and Avail, NearDA focuses on low-cost and vertical application scenarios (especially games and high-frequency applications), and the differentiated competition is very obvious. 3. Bitwise partnered staking ETP Launched a staking ETP (similar ETF product) in partnership with Bitwise, further lowering the barrier to entry for institutions. This is a crucial move for NEAR to integrate itself into the traditional financial system. 4. Application layer products Shade Agent Sandbox is live HOT Craft builds a cross-chain NFT marketplace These have completed more application puzzles for the ecosystem. Users and market performance: hot and cold are intertwined Eye-catching on the user side: The weekly active users surpassed 16 million, marking an 18.4% month-on-month increase and directly surpassing Solana, indicating that NEAR is building an edge in "real user growth." Price side pressure: Institutions sold nearly 20 million NEAR in mid-August, causing the price to drop from $3.05 to $2.75 and now back up to around $2.8. Capital chooses to cash out in the short term, but on-chain activity and application progress show that the growth at the user level is hedging against the pessimism of the capital side. In-depth interpretation: $NEAR's long-term value logic 1. Short-term capital exit does not mean deterioration of fundamentals Selling pressure has led to a decline in prices, but the growth of the ecosystem and users shows that NEAR is resilient to pressure. Short-term noise may not affect long-term value. 2. NearDA: A differentiated approach to data availability competition Celestia and EigenDA emphasize high performance and scalability, while NEAR takes the route of low cost + vertical application scenarios. If Web3 games or high-frequency micropayment scenarios really explode in the future, NearDA may be the first to reap the dividends. 3. Users are the hardcore moat NEAR has shown a trend of significant growth in active users. In the crypto world, real user growth often reflects the vitality of the chain more than the price. 4. Institutions and DeFi are attacking on both fronts Through its partnership with Bitwise, NEAR is not only gaining momentum in the DeFi arena but also establishing a stepping stone in the institutional market. This "dual-channel" layout is a signal worthy of long-term attention. Outlook and Reflection In the short term, NEAR may also be affected by market sentiment and capital flows. In the medium and long term, NEAR's ecological closed loop is gradually taking shape: users → applications→ infrastructure → institutional products. If NearDA can run out of large-scale applications in the low-cost track, combined with the synergy between Intents and the cross-chain ecosystem, NEAR is expected to become a winner at the infrastructure level in the next wave of narrative cycles. summary At present, it is in a typical stage of "valuation pressure and ecological expansion". Prices may be under pressure, but users and the ecosystem are releasing long-term value signals. As an observer, the Siege Lions are more concerned about: Can NearDA be used in real high-frequency use cases? Can user growth translate into more stable on-chain value precipitation? Will institutional partnerships open a larger on-ramp for NEAR's funds? The answers to these questions will determine whether NEAR can move from a "potential stock" to an "infrastructure core" in the next bull market narrative.