L1 landscape watch: Near added $30.83 million in on-chain TVL over the past 24 hours, bringing it to $252 million and ranking it 20th.
The amount of value locked is often seen as a gauge of an ecosystem’s size. This increase is a positive sign for Near’s fundamentals. However, some of the growth may also be due to rising asset prices. A single data point doesn’t necessarily signal a change in ranking—we’ll have to wait and see whether the growth is sustained.
$NEAR Current price: 5.298.

#NEAR

These are solely my personal views and should not be taken as a basis for buying or selling.