NEAR Growth: User Dynamics and Engagement Trends

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    May 2024
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    June 2024
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    July 2024
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    Dashboard Overview

    In May 2024, we witnessed a solid foundation with 12.3 million users, out of which 8.7 million were actively engaged, highlighting our strong user retention and satisfaction. The surge continued into June 2024, where our user base skyrocketed to 16.7 million, driven by an impressive 5.9 million new users. This remarkable growth was mirrored in active users, reaching 10.8 million.

    However, July 2024 presented a mixed scenario. While new user acquisition peaked at 9 million, active users dropped to 8.5 million, indicating areas for improvement in engagement and retention strategies. Our weekly transaction analysis from January to May 2024 showcases consistent growth, with cumulative transactions exceeding 750 million, underscoring our platform's scalability and user activity.

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