In terms of daily active users, Near Protocol 
NEAR just overtook Solana, hitting the 3 million user milestone and ranking second among the leading Layer-1 blockchains. With some predicting a price objective of US$10.82, a potential upside of almost 315% from its present price (~US$2.61), many experts believe NEAR is substantially undervalued. The spike in interest in NEAR on Google Trends also reflects positive sentiment, increasing the likelihood of fresh inflows from individual investors.
Based on the weekly chart, an inverted head and shoulder and a bullish divergence were spotted, therefore we're looking for a reversal momentum from Near Protocol to a bullish trend for the upcoming weeks.
NEAR just overtook Solana, hitting the 3 million user milestone and ranking second among the leading Layer-1 blockchains. With some predicting a price objective of US$10.82, a potential upside of almost 315% from its present price (~US$2.61), many experts believe NEAR is substantially undervalued. The spike in interest in NEAR on Google Trends also reflects positive sentiment, increasing the likelihood of fresh inflows from individual investors.Based on the weekly chart, an inverted head and shoulder and a bullish divergence were spotted, therefore we're looking for a reversal momentum from Near Protocol to a bullish trend for the upcoming weeks.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.