NEAR Protocol Flips Solana: Why NEAR Token May Be Undervalued

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Hold onto your hats, folks! Near Protocol (NEAR) just flipped Solana in daily active users! That’s right, NEAR is putting the spotlight on its Layer-1 (L1) blockchain, making everyone rethink their crypto portfolios!

Now, the price of NEAR has taken a bit of a tumble-down by over 5% in the last 24 hours-but don’t rush to sell just yet. Some say it might be undervalued, and who are we to argue with a potential goldmine? 💰

Why NEAR Protocol’s Surge Might Be the Market’s Best-Kept Secret

NEAR Protocol recently hit 3 million daily active users-yes, you heard that right-making it the number-two spot among all L1 blockchains. Solana, take a seat! 🪑

Market analyst Lennaert Snyder says this milestone is a sign that NEAR is becoming more popular by the day. Move over, Solana. There’s a new contender in town!

“NEAR just flipped Solana in daily active users…By hitting 3,000,000 daily active users, NEAR Protocol is now ranked 2nd among all L1s,” Snyder wrote. Take notes, folks!

But it’s not just about the users. Oh no, no, no. Technical analysts believe the price chart might be setting up for something BIG. If we’re talking double bottoms and smart money accumulating, you’d better grab some popcorn 🍿-this show might just get started.

Looks like @NEARProtocol $NEAR might be setting the stage for a big move.

We’ve got a clean double bottom forming right above major support, often a sign that smart money is quietly accumulating.

If it follows the playbook on the right (The Wyckoff Strategy), the next phase… 👀

– CryptoBusy (@CryptoBusy) August 11, 2025

If NEAR follows the Wyckoff Strategy, buckle up, because we could be headed for a massive ride up. 🚀

But wait, there’s more. Some traders think NEAR is undervalued compared to other top-tier blockchains. And when I say “undervalued,” I mean it’s a bargain. A steal. A diamond in the rough! 💎

Analyst Santolita calls it “one of the best asymmetric bets right now” with catalysts coming out of its ears in the next two years. I mean, who doesn’t love a good underdog story?

“From here to 2026, the chart is loaded with growth catalysts, AI integration, institutional adoption, bridge expansions, and a protocol upgrade,” Santolita said. Hold onto your wallets, people!

And get this-Santolita predicts NEAR could hit $10.82. Since it’s trading at $2.61 right now, that’s a 315% increase. Somebody get the champagne! 🍾

NEAR Protocol’s Rising Buzz: Signal of a Breakout or Just Market Noise?

Retail investors are catching on, too. Kyren, the DeFi researcher and crypto podcaster, pointed out that NEAR is trending on Google Trends. You know what that means-time to buy! 📈

“Google Trends on NEAR is soaring. I sense the next leg up is NEAR upon us,” Kyren said. Someone get this person a crystal ball! 🔮

If the hype is any indication, we might be looking at a new crypto superstar. It’s not just about Solana anymore, folks. NEAR’s upgrades and partnerships could make it a leading contender in user engagement and transaction throughput. Who’s the boss now? 😏

Still, let’s not get too carried away. While these technical patterns look promising, we have to remember that the broader crypto market is just one tweet away from a rollercoaster ride. 🎢

Analysts remind us that external factors like liquidity and regulation will ultimately decide how far NEAR can go. But hey, it’s always fun to dream big, right?

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2025-08-12 14:42