Nia Protocol rises 50% in one month...expectations grow

Near Protocol (NEAR), a cryptocurrency, has recorded a 32% increase over the past seven days. This is due to increased user activity, rising network TVL (total escrow value), and
Near Protocol is seeing increased interest due to a major network upgrade. According to data from Cointelegraph Markets Pro and Trading View, Near Protocol launched in September.
After falling to $3.41 on the 6th, it rose 57% to an eight-week high of $5.36 on September 24th.
Among the factors that contributed to the growth of Near Protocol is the inclusion of blockchain sharding (S
hardening), increased interest in opening up the futures market, increased TVL, and strengthened market structure.
According to the project, the introduction of sharding will improve scalability, security, and
The Near Protocol will simultaneously solve Q-RI and decentralization, and solve the triple dilemma of blockchain.
The 2.0 update introduced sharding, making it the second blockchain to do so after Elrond.
The price increase for NearProtocol was driven by the recent surge in shares of NVIDIA and Alibaba Cloud.
The partnership also influenced the company's partnership with China's autonomous driving company, Samsung Electronics.
This was done with the aim of improving the industry. It also came as US Democratic presidential candidate Kamala Harris publicly stated her support for AI and digital assets.
As adoption of NearBlocks.i projects increases, network activity has increased, leading to price increases over the past month.
According to data from Ethereum, the number of daily transactions increased by 42% between August 25 and September 24. During the same period, the number of new addresses also increased by 30.8%, indicating increased adoption of the network.
The increase in network activity has led to increased user participation within the platform, which has led to an increase in TVL (total deposited assets).
According to the data, NearProtocol’s TVL increased 34% from $183.7 million on September 7 to $246.5 million on September 24.
The increase in TVL indicates growing activity and interest within the NEAR protocol ecosystem, with more users depositing and activating assets on NEAR-based protocols.
According to derivatives data tracking site CoinGlass, Near Protocol's open interest (OI) was $114.9 million on September 7.
(approximately JPY 16.5 billion) to $279.2 million (approximately JPY 40.1 billion) on September 24, the highest level since June 7. This is due to new funds flowing into the market and additional buying.
This suggests that this is being done.