Conclusion

- In March, NEAR introduced the Blockchain Operating System (BOS). The BOS is a layer for discovering and browsing open web experiences that is compatible with any blockchain. - NEAR set an all-time high in daily active accounts. This follows a growing trend since the same period in 2022. - Dispite numerous regulatory headwinds in the crypto industry, NEAR was not explicitly singled-out in the recent SEC push to ban selected crypto tokens - Electric Capital’s annual developer report ranks NEAR as having one of the fastest growing developer communities. The report noted a 40% increase in developers in 2022 and a 20x increase in total developers since 2018. - NEAR surpassed 200 active validators. The increase follows the mainnet launch of Phase-1 of the Nightshade sharding architecture - The protocol's DeFi efforts are expected to rebound and expand. It has various initiatives in the pipeline such as accessible stablecoin on-ramps, user-friendly onboarding options, engagement campaigns for core trader products, one-stop-shop DeFi experiences, and joint initiatives for on-chain traders.

Hesh_Trinketz