Introduction

What is NEAR Protocol ?

NEAR Protocol is a decentralized application (dApp) platform and Ethereum competitor that focuses on developer and user-friendliness. Its native NEAR tokens are used to pay for transaction fees and storage on the Near crypto platform.

What is $NEAR Token?

NEAR's native token is also called NEAR, and is used to pay for transaction fees and storage. NEAR tokens can also be staked by token holders who participate in achieving network consensus as transaction validators. NEAR Protocol is focused on creating a developer and user friendly platform

According to the left chart, the most number of NEAR users are holding less than 10 $NEAR token atm.

After these, we have the users with 10 - 25 $NEAR on their wallet.

On the above chart, we can see the daily number of users who are receiving / holding $NEAR over time.

As we see, there is a very light decreasing trend over time.

Moreover, we can see the highest spike on 26th October 2021 (when $NEAR price achieves on of its highest prices of that timespan).

Based on the above data, there are total 264319 Unique Wallets who are holding $NEAR token atm.

The top address with the most $NEAR is binancecold3.near (Binance Exchange Cold Wallet) with a huge difference from other addresses. this address is holding more than 50M $NEAR.

Methodology:

Since there are no tables (such as erc20 balances for Ethereum) on NEAR protocol to calculate the $NEAR balance of each user, Here is my methodology:

• Receiving $NEAR by Transfer Action:

• Receiving $NEAR by Swapping an asset to $NEAR

• Receiving Staked and LPed $NEAR.

  Also, there are Wrapped NEAR tokens on other chains such as Binance Smart Chain as wNEAR and we should conside those too.

  We should subtract the amount of sent $NEAR token by the user from the amount of received $NEAR token by the user to realize the net $NEAR held by the user.

• Moreover, there is a little $NEAR consumed for performing each transaction as transaction FEE. this amount is so low but anyway I have considered it as a negative amount.

  Then, we should union these results together to calculate the total net $NEAR held by user.

==The data on Flipside tables for NEAR starts from 2021-09-01, So, the data below are valid for this timespan and calculating balance for before this date was not possible with current tables.==

Conclusion

• Most number of $NEAR holders have less than 10 $NEAR on their wallet.
• Daily number of $NEAR active holders during nowadays is lower than the 2021 timespan and it can be because of bearish market.
• The slope of $NEAR holders trend line is getting lighter over time and the growth rate of users who are holding less than 10 $NEAR is more than all other types.

Discord: Ali3N#8546

The growth rate of holders with Less Than 10 $NEAR is more than other types. After these types of users, we can see the growth rate of users with More Than 1000 NEAR is high.