Near - City Amidst the Storm
Provide a thoughtful analysis of how NEAR is weathering the market turbulence that occurred as a result of FTX’ insolvency. You can include baseline measures, e.g. token price, transaction volume - but go beyond that and apply your analysis skills. Choose and define at least 2 measures of ecosystem health, and assess how NEAR is performing on those metrics between the week of 11/7 and 11/14.Grand prize winners will also compare NEAR to at least one other Layer 1 blockchain ecosystem (Solana, Algorand, Flow, etc.), using the 2 measures provided. The goal is to gain a better understanding of how both NEAR and other ecosystems respond to market conditions that heavily affect one of their peers (in this case, Solana). Some examples of health metrics: Unstaking - how many people are pulling up stake NFT sales vs. buys and if it’s materially changed (are people dumping their NFTs for capital) Stable % of trade activity — are users fleeing or buying the dip?