Insight of the Week

    Introduction

    What is NEAR Blockchain?

    NEAR Protocol is a public Proof-of-Stake (PoS) blockchain that aims to bring DeFi to the masses with low transfer fees and fast transactions. NEAR competes with Avalanche, Solana, Cardano, Algorand, the new version of Ethereum, and other PoS networks.

    Source.

    Method

    In this dashbord, i want to analyze NEAR blockchain in past 2 weeks from different angles to see if something strange or interesting happened.

    Data comes from Flipside and Near database on the app.

    I analyzed NEAR chain in past 2 weeks to provide some insightful charts and analysis and mention if anything interesting happened in this period.

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    1. A total of ==591K== users transacted ==5.54M== transactions and spent ==8.86K== fees in past 2 Weeks.

    2. Transactions and Volume didn't change that much in this period.

    3. Highest volume on NEAR in past 14 days belongs to ==Jan 26== which had the highest transactions too.

    4. ==ft_transfer== was the most popular activity for NEAR community.

    5. ==record_batch== and ==claim== are the next popular actions after ft_transfer.

    6. Most of the fees has been spent on ==record_batch== ~ ==4M==

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    > ==Transfer== and ==FuntionCall== were the most popular activies for NEAR users in past 2 weeks as we expected from the previous section

    Top 10 Signers

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    1. ==Oracle.sweat== was the biggest trader on NEAR in this timeframe who has made ==661.6K== transactions and accounted ==28%== of top 10 signers share.
    2. Second spot belongs to ==relay.aurora== with ==388.8K== and ==16.5%==

    Top Pools by Transactions and Volume

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    1. ==USDT-NEAR== was by far the most popular pool on NEAR with ==4.7K== transactions and over ==7M== volume generated in past 2 weeks.

    Key Insights

    1. Transfer was the most popular action for NEAR community.
    2. For providing a short and insightful dashboard, i made the charts easy to understand for every newcomer or NEAR enthusiast.
    3. NEAR did pretty well in past 2 weeks and its highest activity belongs to Jan 26.
    4. Oracle.sweat was the most active user on NEAR in past 14 days.

    Analysis