NEAR Blockchain Ecosystem Analysis

Network Activity and Wallet Dynamics

NEAR Protocol is demonstrating robust cross-chain engagement with 4,902 unique EVM wallet addresses generating an equivalent number of transactions. The ecosystem shows promising growth indicators, including:

Wallet Growth:

• 1,046 new EVM wallets in the past 30 days
• Daily new wallet creation ranging from 9 to 420
• Cumulative wallets reaching 4,926 by the observation period's end

Transaction Characteristics:

• 42,410 total transactions
• Average of 8.65 transactions per address
• Most wallets performing 2-3 transactions

Transaction and Fee Efficiency

The NEAR blockchain stands out for its incredibly cost-effective transaction model:

• Extremely low average transaction fee: $0.0008
• Maximum transaction fee of 0.022 NEAR
• Total network fees around 0.042 NEAR

Ecosystem Composition

Transaction distribution reveals interesting ecosystem dynamics:

• DeFi and token transactions dominate cross-chain activity
• Top platforms by transactions:
  • Wrapped NEAR (wnear): 983 transactions
  • Ref Finance: 611 transactions
  • Emerging projects like Meme.Cooking showing significant engagement

Key Insights

The NEAR Protocol demonstrates a growing, efficient cross-chain ecosystem with low-cost transactions and increasing user adoption. The network shows potential for further expansion, particularly in DeFi and token-based interactions.