NEAR Protocol’s 2026 data picture lands on three stories: the Q2 2025 user peak, the Halving Upgrade tokenomics reset, and a chain abstraction stack that now spans 25-plus chains.
Key Takeaways
- NEAR Protocol records 48 million-plus monthly active users on the official NEAR Foundation research and analytics page, with a 46 million monthly active user peak reached by May 2025, making NEAR the second-largest Layer-1 blockchain at that point.
- NEAR’s daily activity hit a 3 million unique-address peak in Q2, eclipsing Tron and Solana, and the network records 2.9 million daily active addresses, the second-highest across major L1 networks, just behind Solana.
- DefiLlama tracks NEAR’s chain-level total value locked at $7.9 billion with a separate $169.8 million DeFi-protocol TVL and $9.5 million in annualized NEAR Intents revenue.
- NEAR Intents holds $79.59 million in TVL across 25-plus blockchains, with NEAR ($32.28 million) and Ethereum ($27.89 million) representing the largest TVL concentrations and $21.746 billion in cumulative DEX volume.
- The Q4 2025 Halving Upgrade cut the maximum annual inflation rate from roughly 5% to 2.5%, and typical NEAR staking annual percentage rates now land between 4% and 5.2%.
- NEAR’s developer ecosystem covers over 2,500 monthly active developers per the Electric Capital 2025 Developer Report, contributing to smart contract infrastructure and AI-native app tooling.
- The NEAR Foundation reports 46% of NEAR token supply staked and $544 million in total funding raised, with a circulating supply of 1.30 billion NEAR backing a $2.34 billion market cap per Coinpedia.
Editor’s Choice
- The NEAR Foundation publishes 100% uptime since launch and a 100,000 transactions per second theoretical ceiling, a pairing that frames NEAR as both reliable and high-headroom.
- Coinpedia’s chain-level snapshot records realized throughput at 9 transactions per second for NEAR across 36 tracked DeFi protocols, a counterweight to the theoretical capacity figure.
- Stablecoin float on NEAR sits at $195.61 million with USDC at 45% of the share, and daily DEX volumes reached $49.7 million with an 86.7% six-month increase.
- NEAR’s validator architecture allocates the top 100 validators to block-and-chunk production, with the 300th-largest staking proposal setting the seat price, on top of a 25,500 NEAR baseline minimum.
- NEAR Protocol’s all-time high price stood at $20.44 in 2022 against a current price of $2.41 with a $3.1 billion market cap and above $720 million in futures open interest.
NEAR Protocol User Activity
The NEAR Foundation’s research and analytics page records 48 million-plus monthly active users and 5 million-plus daily transactions across the network.
By the numbers: NEAR Foundation tiles publish 48 million plus monthly active users and 5 million plus daily transactions, while AMINA Bank’s independent September 2025 snapshot pegged daily active addresses at 2.9 million, second only to Solana across major Layer-1 networks. The two converge on a substantially larger wallet base than the price cycle implied.
| Activity Metric | Latest Reading | Period or Date | Source |
|---|---|---|---|
| Monthly active users (current tile) | 48,000,000+ | June 2026 | NEAR Foundation |
| Monthly active users (peak) | 46,000,000 | May 2025 | AInvest citing ecosystem data |
| Weekly active users (peak) | 16,000,000 | Q2 2025 (+18.4% WoW) | AInvest citing ecosystem data |
| Daily active addresses (peak) | 3,000,000 | Q2 2025 | AInvest citing ecosystem data |
| Daily active addresses (sustained) | 2,900,000 | September 18, 2025 | AMINA Bank |
| Daily transactions | 5,000,000+ | June 2026 | NEAR Foundation |
Source: NEAR Foundation Research and Analytics (June 2026), AMINA Bank research (September 18, 2025), AInvest Q2 2025 coverage.
NEAR Protocol Total Value Locked
Chain-level TVL captures liquid staking and bridged stablecoins; DeFi-protocol TVL strips back to native NEAR DeFi positions. Pick a consistent denominator across any cross-chain comparison.
Recent Developments
- February 23, 2026: NEAR’s captured Intents revenue began being used to buy back $NEAR on the open market rather than being burned, returning value to holders, a structural tokenomics shift from fee burn to fee buyback.
- Q4 2025: Protocol cut maximum annual inflation rate from roughly 5% to 2.5% via Halving Upgrade.
- Late May 2026: NEAR Protocol rose 54% over one week with $1 billion plus in 24-hour trading volume and above $720 million in futures open interest.
- June 2026: Dynamic Resharding upgrade targeted for June 2026 was designed to enable automatic scaling for transaction throughput comparable to traditional payment networks.
- 2025-2026 cycle: 5 native wallets integrated NEAR Intents functionality (Meteor, HOT, Intear, Near Mobile, and Nightly), Chain Signatures technology reached full generalization, and Tachyon was selected as the winning Chain Abstracted Relayer solution.
- 2025-2026: Goldsky, The Graph, and Allium received funding for indexing services while NEARBlocks expanded multi-chain capabilities and Token Terminal plus Chainspect joined for analytics coverage.
Stablecoin and DEX Activity on NEAR
| Stablecoin / DEX Metric | Value | Period | Source |
|---|---|---|---|
| Total stablecoin market cap on NEAR | $195,610,000 | September 18, 2025 | AMINA Bank |
| USDC share of NEAR stablecoin float | 45% | September 18, 2025 | AMINA Bank |
| NEAR Foundation stablecoin supply tile | $650,000,000+ | June 2026 | NEAR Foundation |
| Daily DEX trading volume on NEAR | $49,700,000 | September 18, 2025 | AMINA Bank |
| Six-month DEX volume change | +86.7% | through September 18, 2025 | AMINA Bank |
| Rhea Finance trailing-twelve-month revenue | $1,000,000+ | as of September 18, 2025 | AMINA Bank |
| Rhea Finance cumulative DEX volume | $16,000,000,000+ | as of September 18, 2025 | AMINA Bank |
Source: AMINA Bank research (September 18, 2025), NEAR Foundation research and analytics (June 2026).
The takeaway: USDC’s 45% share of NEAR’s stablecoin float makes the chain a USDC-anchored network, and AMINA Bank pegs daily DEX trading volume at $49.7 million after an 86.7% six-month rise into September 2025. The pattern suggests the AI-app rotation drew stablecoin inflow rather than spec-trade outflow as the cycle turned.
NEAR Protocol Developer Ecosystem
| Developer Metric | Reading | Source |
|---|---|---|
| Monthly active developers | 2,500+ | Electric Capital 2025 Developer Report |
| Cross-chain developer participation | 1 in 3 (~33%) | Chainspect citing Electric Capital |
| Infrastructure-funded indexing partners | 3 (Goldsky, The Graph, Allium) | NEAR Infrastructure Committee |
| Analytics partners onboarded | 2 (Token Terminal, Chainspect) | NEAR Infrastructure Committee |
Source: Electric Capital Developer Report 2025 via Chainspect (June 2026), NEAR Infrastructure Committee 2025 review (February 2026).
NEAR’s developer count overlaps with Solana and Ethereum because cross-chain contribution is structural. For the comparative picture, our blockchain statistics page tracks competing chains side-by-side.
NEAR Network Performance and Throughput
| Performance Spec | Value | Type | Source |
|---|---|---|---|
| Theoretical TPS ceiling (Nightshade 3.0) | 1,000,000+ | Maximum throughput | KuCoin Learn citing NEAR docs |
| Foundation-cited capacity | 100,000 | Headline tile | NEAR Foundation |
| Realized chain TPS (current) | 9 | Live measurement | Coinpedia June 2026 |
| Network uptime since launch | 100% | Cumulative | NEAR Foundation |
| Block finality | 2 seconds | Validator perspective | Chorus One |
| Average block time | 1.11 seconds | Validator perspective | Chorus One |
| Transaction cost | < $0.01 | Per transaction | Chorus One |
| Chains accessible via Chain Abstraction | 35+ | Cross-chain reach | KuCoin Learn |
Source: NEAR Foundation research and analytics (June 2026), KuCoin Learn (March 18, 2026), Coinpedia Markets (June 2026), Chorus One ecosystem review.
NEAR Validators and Staking Economics
| Staking / Validator Metric | Value | Source |
|---|---|---|
| Active validator nodes | 213 | Chorus One |
| Top-tier block-and-chunk producers | 100 | NEAR Docs |
| Seat-price mechanism | 300th-largest staking proposal | NEAR Docs |
| Baseline minimum stake | 25,500 NEAR | NEAR Docs |
| Total staked NEAR (historical reference) | 604.9 million tokens | Chorus One |
| NEAR supply share staked (current) | 46% | NEAR Foundation |
| Staking APR range (post-Halving) | 4% to 5.2% | Everstake |
| Annual issuance to validators | 2.5% of total supply | NEAR Docs |
| Block finality | 2 seconds | Chorus One |
| Average block time | 1.11 seconds | Chorus One |
| Unbonding period | 36 to 48 hours (3 epochs) | Chorus One |
Source: NEAR Documentation (June 2026), NEAR Foundation research and analytics (June 2026), Chorus One ecosystem review, Everstake staking guide (June 2026).
NEAR Intents and Chain Abstraction Adoption
| NEAR Intents Metric | Value | Source |
|---|---|---|
| Total value locked | $79,590,000 | DefiLlama June 2026 |
| 24-hour DEX volume | $66,800,000 | DefiLlama June 2026 |
| 30-day DEX volume | $2,377,000,000 | DefiLlama June 2026 |
| Cumulative DEX volume | $21,746,000,000 | DefiLlama June 2026 |
| Annualized revenue | $5,240,000 | DefiLlama June 2026 |
| Annualized fees | $36,800,000 | DefiLlama June 2026 |
| 30-day fees | $3,010,000 | DefiLlama June 2026 |
| Cumulative fees | $36,870,000 | DefiLlama June 2026 |
| TVL on NEAR chain (largest share) | $32,280,000 | DefiLlama June 2026 |
| TVL on Ethereum | $27,890,000 | DefiLlama June 2026 |
| TVL on Bitcoin | $5,520,000 | DefiLlama June 2026 |
| TVL on Arbitrum | $3,540,000 | DefiLlama June 2026 |
| Native wallets integrated | 5 (Meteor, HOT, Intear, Near Mobile, Nightly) | NEAR Infrastructure Committee |
Source: DefiLlama NEAR Intents page (June 2026), NEAR Infrastructure Committee 2025 review (February 2026).
NEAR Token Economics
| NEAR Token Detail | Value | Source |
|---|---|---|
| Market cap (Coinpedia) | $2,340,000,000 | Coinpedia June 2026 |
| Market cap (late-May rally peak) | $3,100,000,000 | Bitcoin.com News May 23, 2026 |
| Late-May 2026 price | $2.41 | Bitcoin.com News May 23, 2026 |
| Weekly price change (late May 2026) | +54% | Bitcoin.com News May 23, 2026 |
| 24-hour trading volume (late May 2026) | $1,000,000,000+ | Bitcoin.com News May 23, 2026 |
| Futures open interest (late May 2026) | $720,000,000+ | Bitcoin.com News May 23, 2026 |
| All-time high price | $20.44 (2022) | Bitcoin.com News |
| Circulating supply | 1,300,000,000 NEAR | Coinpedia June 2026 |
| Total supply | 1,300,000,000 NEAR | Coinpedia June 2026 |
| Token unlock progress | 98% | NEAR Foundation |
| Annual inflation rate (post-Halving) | 2.5% | Crypto Briefing |
| Annual inflation cap (pre-Halving) | 5.0% | Crypto Briefing |
| Intents fee model | Buyback (post-Feb 23, 2026) | DefiLlama |
| Total Foundation funding raised | $544,000,000 | NEAR Foundation |
Source: NEAR Foundation research and analytics (June 2026), Coinpedia Markets (June 2026), Crypto Briefing (May 29, 2026), Bitcoin.com News (May 23, 2026).
How does NEAR Protocol compare to Solana?
AMINA Bank placed NEAR at 2.9 million daily active addresses, second-highest across major L1 networks just behind Solana, and AInvest reported NEAR’s Q2 peak of 3 million daily active addresses eclipsed Tron and Solana during that window. Our Solana vs Ethereum statistics page tracks the comparable head-to-head across blockchains.
Conclusion
NEAR entered mid-2026 with a 48 million-plus MAU base, a 2.5% inflation cap, $7.9 billion in chain-level TVL, and a NEAR Intents protocol converting cross-chain fee capture into $NEAR buybacks. Electric Capital’s 2,500-plus monthly active developer count confirms NEAR sits in the AI-agent rotation with deep contributor coverage.
The next data point to watch is realized throughput once the June 2026 Dynamic Resharding upgrade ships, closing the gap between the 100,000 TPS Foundation tile and Coinpedia’s 9 TPS reading. If the upgrade lands, the buyback flywheel and the higher-throughput chain compound the same headline: NEAR is built for headroom.