City Amidst the Storm(NEAR)

    NEAR Protocol is a smart contract capable, public Proof-of-Stake (PoS) blockchain that was conceptualized as a community-run cloud computing platform. Built by the NEAR Collective, NEAR was designed to host decentralized applications (dApps), and strives to compete with Ethereum and other leading smart contract-enabled blockchains like EOS and Polkadot. 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. To accommodate this mission, NEAR has incorporated features like human-readable account names as opposed to only cryptographic wallet addresses, and the ability for new users to interact with dApps and smart contracts without requiring a wallet at all.

    Projects building on NEAR include Mintbase, a non-fungible token (NFT) minting platform, and Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and more.

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    Tokens Price

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    observations It can be seen that the prices of all three tokens fell sharply during the collapse of FTX

    Due to the large investment of FTX and Alameda in SOL compared to the rest of the investment portfolio of FTX and Alameda, the price of SOL has fallen greatly at the time of the collapse.

    The FLOW token has fallen less, perhaps because it can almost be said that FLOW is at its price floor

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    observations

    According to the above charts, it can be seen that at the time of the collapse, the total number of transactions is equal to 24.1 million, and Solana's share of transactions is equal to 22.48 million, NEAR is equal to 479.5 million and Fallow is equal to 1.17 We can see that Solana's contribution to the collapse time is high compared to the other two protocols At the time of collapse and after the collapse of the NEAR protocol, it can be seen that the transactions of the NEAR protocol were recorded on an average of 500 thousand transactions per day, so it can be concluded that the NEAR protocol worked well and had good management at the time of the collapse.

    The total number of active users on November 8 is 603.2k, with 378k active users, Follow has the highest number of active users at the time of collapse.

    The total number of new users is equal to 40.6 k at the time of collapse, and Solana's share is more than the rest of chains with 17.3 k.

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    Observations

    In the charts above, it can be seen that the average number of transactions in all 3 chains before the collapse is more than after the collapse, so that the average percentage of the total transactions of all 3 chains before the collapse is equal to 57% and after the collapse is equal to 43%. These data can be concluded that users have lost their trust in digital currencies, especially exchanges

    In the average number of active users, it can be seen that the total number of active users after the collapse is equal to 56.9% and before the collapse it is equal to 43.1%, that the total number of active users in chains near has not changed much compared to before, but in Solana, the number After the collapse, it has decreased and the number of users in flow has increased significantly after the collapse, from 52k users to 180k users.

    Transactions and Users

    Transactions Success Rate

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    observations

    In the charts above, it can be seen that NEAR is the most successful chain among the three chains in terms of transactions, and the success rate of NEAR is more than the other 2 chains on almost all days.

    Also, we can see that the success rate of all three chain transactions has decreased significantly after the collapse time frame, but NEAR leads with the most successful transaction in both time frames.

    Unstakes

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    observations

    On the above charts, we can see the number and volume of unstake transactions and also unstakers on Solana is way more than 2 other chains

    Also, we can see there were more unstaked $NEAR and also unstake transactions on this token compared to the FLOW.

    So, the number of users that pulled up their staked asset on FLOW is less than other chains’ users.

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    observations

    On the above charts, we can see the daily unstake activity on these 3 chains. As we see, Solana has the lead in almost all days except recent days that FLOW (in terms of number) and NEAR (in terms of volume) have took the lead from it.

    The highest number and also volume unstakes on Solana has occured on 10th November while unstake activity of NEAR and FLOW has increased significanly on 14th November.

    Conclusion

    According to the above charts, We can see that Solana's contribution to the collapse time is high compared to the other two protocol

    the NEAR protocol worked well and had good management at the time of the collapse.

    Follow has the highest number of active users at the time of collapse. the average number of transactions in all 3 chains before the collapse is more than after the collapse

    In the average number of active users, it can be seen that the total number of active users after the collapse is equal to 56.9% and before the collapse it is equal to 43.1%, NEAR is the most successful chain among the three chains in terms of transactions, and the success rate of NEAR is more than the other 2 chains on almost all days.

    the success rate of all three chain transactions has decreased significantly after the collapse time frame, but NEAR leads with the most successful transaction in both time frames. more unstaked $NEAR and also unstake transactions on this token compared to the FLOW.

    number of users that pulled up their staked asset on FLOW is less than other chains’ users.

    The highest number and also volume unstakes on Solana has occured on 10th November while unstake activity of NEAR and FLOW has increased significanly on 14th November