NEAR Protocol DeFi soars 150% – What’s next for its price? – BitRss

• NEAR ($3.45) Protocol recorded strong DeFi growth last year. 
• NEAR price bounced off the strong support at $3 — Will the recovery extend? 

NEAR Protocol’s [NEAR] network growth surged 156% last year, boosted by broader bullish market sentiment post-U.S. elections in November.

At the end of Q3 2024, per Messari’s report, the chain’s DeFi TVL (total locked value) was below $100M but jumped to $240M by last quarter, underscoring increased investor interest and confidence.