Messari releases NEAR’s third quarter 2023 status report. The key points are as follows:
1. NEAR’s daily active addresses increased by 350% month-on-month, from 60,000 to 260,000;
2. New addresses increased by 274% month-on-month, and the total number of new addresses per day reached 51,000;
3. The daily trading volume reached a record high of 770,000 transactions, and the average transaction fee dropped by 25% month-on-month to 0.001 USDT;
4. The circulating market value of NEAR fell 14% month-on-month to $1.08 billion, and FDV fell 17% month-on-month to $1.12 billion;
5. The native USDC was launched on NEAR, and the market value of the stablecoin dropped by 27% month-on-month, from US$112 million to US$82 million;
6. NEAR TVL dropped 13% month-on-month to US$52 million;
7. NEAR network revenue increased by 9% sequentially, from US$98,000 to US$108,000.