NEAR Protocol surged in user activity, surpassing Ethereum and Binance Chain in growth.
With 46 million monthly active users in May 2025, it ranks as the second Layer 1 platform.
Coinglass reported a 14.14% volume rise to $495.52M, showing strong investor confidence.
NEAR Protocol has stirred the blockchain industry, reporting an increase in its monthly active users (MAUs). By May 2025, NEAR had achieved an incredible 46 million monthly active users (MAUs), making it the second-largest Layer-1 blockchain after Solana. It is a historical milestone in the development of blockchain, as it has surpassed other projects, including Ethereum and Binance Chain, in terms of user activity.
The expansion of the protocol is attributable to its user-centric infrastructure. NEAR simplifies blockchain access through features like account abstraction, chain signatures, and a robust dApp ecosystem. These enhancements make it more user-friendly for both new and existing users. Its emphasis on usability is paying off, as NEAR is gaining traders and investors in the digital assets domain.
Nightshade sharding is NEAR’s scalability solution designed to handle large…
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