NEAR Protocol Seeks To Concentrate On Rapid Development In These Fields

NEAR Protocol – The bears took control of the market in 2022, which caused a significant exodus of liquidity. NEAR Protocol is one of the blockchain firms that have therefore had more time to concentrate on building.

The NEAR Protocol has reaffirmed its determination to pursue growth in the upcoming months with a solid and aggressive focus. The “Go Forward” strategy call, its most recent event, outlined the areas on which Near Protocol plans to concentrate its efforts. Here are some important conclusions that may assist you to get a good idea of the current state of the protocol.

The long-term adoption objective of NEAR is to have more than one billion users

A top-down strategy is intended to accomplish this aim, with a monthly target of 10 million new users.

An objective like this implies that the network is already averaging new users each month in this range. With such lofty goals, the network must work hard to develop.

Speaking of progress, the network will need to intensify its efforts to support those goals when they are realized. It has so far maintained a good rate of development during the previous six months.

Despite healthy levels of development activity, the network’s volume has significantly decreased. According to NEAR’s growth objectives, it is anticipated that development activity will continue to be significant.

The network wants to continue growing, and decentralization will help. It intends to give individual nodes more authority, particularly those run by DAOs that take care of development-related issues.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your research before investing.

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