Is NEAR the next Ethereum? | Block bytes
#crypto #blockchain #ethereum
2023 was an amazing year for the NEAR blockchain. With massive announcement around Chain Abstraction and Near DA, they have jumped into the limelight after spending years in the shadows.
In this video, I try to understand the reasons behind the sudden rise in unique active addresses on the chain and its impact on the economy, inflation, and token price.
Timeline
00:00 Intro
00:45 Understand the UAW/DAU chart for NEAR
04:50 Impact on Near's economy
05:35 Impact on Near's token supply
07:20 Impact on Near token price
08:30 final thoughts
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