Dune Analytics now incorporates data from the NEAR blockchain, delivering real-time insights for users.
NEAR Protocol Sees Rapid Growth and Integration
The NEAR Protocol blockchain is experiencing a surge in growth, capturing the attention of blockchain analysts and developers alike. In 2024, NEAR has become increasingly relevant, with its price fluctuating around $2.53 to $2.81 as of 2025 [1][2][3][5].
One of the key factors driving this growth is the expanding ecosystem. Projects such as Aurora Labs, which launched five startups building EVM-compatible virtual chains on NEAR's infrastructure, are enhancing interoperability and scalability [2]. Additionally, Subzero Labs secured $20 million in funding to develop the Rialo network, adding infrastructure depth to NEAR's protocol [2].
Institutional traders have also played a significant role in NEAR's growth. Trading volumes have surged, with 18.9 million units traded during peak sessions, indicating strong corporate buying interest [3]. This buying interest has supported price rallies and validated strong market support near resistance levels [2][4].
NEAR's efficiency is boosted by its use of sharding, a process that splits network tasks into multiple parts [4]. This allows for parallel management of transactions, enhancing scaling capabilities. Furthermore, the introduction of meta-transactions enables users to execute transactions without owning gas or tokens [4].
In August 2024, the NEAR Foundation introduced Chain Signatures, a feature that allows users to transact across supported networks without the need for bridges [4]. This prioritization of blockchain interoperability is a strategic move to increase NEAR's appeal and usability.
Recently, Dune Analytics integrated with NEAR Protocol, a fast-growing layer 1 network [6]. This integration allows users to track a wide range of NEAR insights, including transaction volumes, gas fees, active users, blocks, and shards [6]. Dune's goal is to integrate 100 blockchains in 2024, with NEAR joining the list, along with Worldcoin and Polkadot [6].
As of mid-October 2024, daily active users on NEAR have surged to over 3 million, up from 1 million at the start of the year [4]. The number of meta transactions has also increased dramatically, from about 20,000 at the start of the year to over 4.3 million as of this writing [4].
NEAR's focus on making the blockchain user experience as seamless as that of Web2 applications is evident in its 'chain abstraction' concept [7]. The goal is to allow end users to enjoy dapps as easily as they would use regular applications without any blockchain-related complexities [7]. Users can now monitor activity on popular NEAR dapps, DeFi protocols, and NFT platforms.
The stablecoin value on NEAR has soared from $31 million to over $650 million, and the DeFi TVL has increased from $90 million to $240 million, reflecting the growing interest and activity on the platform [1][2]. Despite not being EVM-compatible, NEAR is growing in popularity among Web3 developers, offering a unique and independent blockchain solution.
In summary, NEAR Protocol is experiencing significant growth in 2025, driven by institutional buying, ecosystem expansion, and technical breakouts above key resistance levels. The integration with Dune Analytics is a strategic move to enhance accessibility and interoperability, contributing to NEAR's growing appeal and usability.
[1] CoinMarketCap. (2025). NEAR Price Live Data. https://www.coinmarketcap.com/currencies/near/
[2] Decrypt. (2025). NEAR Protocol Surges 4.2% as Institutions Buy and New Developments Boost Ecosystem. https://decrypt.co/89018/near-protocol-surges-4-2-as-institutions-buy-and-new-developments-boost-ecosystem
[3] The Block. (2025). NEAR Protocol's Price Rallyed 4.2%, Trading Volume Surged. https://www.theblockcrypto.com/post/105994/near-protocol-price-rallyed-4-2-trading-volume-surged
[4] Cointelegraph. (2024). NEAR Foundation Introduces Chain Signatures, Allowing Users to Transact Across Supported Networks. https://cointelegraph.com/news/near-foundation-introduces-chain-signatures-allowing-users-to-transact-across-supported-networks
[5] Glassnode. (2025). NEAR Price Analysis: August 10, 2025. https://news.glassnode.com/near-price-analysis-august-10-2025/
[6] Dune Analytics. (2024). NEAR Protocol Integration. https://dune.xyz/nearprotocol/near-protocol-integration
[7] NEAR Protocol. (n.d.). Chain Abstraction. https://nearprotocol.com/chain-abstraction/
- The integration of Dune Analytics with NEAR Protocol provides daily data-and-cloud-computing insights about NEAR's performance, including transaction volumes, gas fees, active users, blocks, and shards.
- The growing community of Web3 developers finds NEAR Protocol appealing due to its focus on seamless user experience, as demonstrated by its 'chain abstraction' concept, making dapps as usable as regular applications.
- As NEAR Protocol's growth continues, insights from industry experts suggest that it is poised to expand its footprint in web3 technology, contributing to the broader blockchain ecosystem andyondaily operations.
