Information is our nourishment. Say hello to the data gods.
Meet Our Team
Consumers speak. We listen, analyze, and dig deep. You win!
Learn More
Receive alerts and reports to power your fund management. Partner with our team of analysts to take your research to the next level.
Learn More
Plug our consumer-demand-data directly into your client-facing software, tools, and platform or work with us to create custom, high-value content your customers will love.
Learn More
Testing our data is like jumping in a time machine to compare market gains and losses against reliable and annotated historical data.
Learn More
Track specific tickers, receive alerts, and watch sector-specific trends. Drill down on individual stocks and see where consumer sentiment aligned with gains and losses in trading.
Learn More
Who We Serve
LikeFolio is your research secret weapon to sniff out game-changing shifts in the market before they happen.
Learn More
LikeFolio is source of quantitative data based upon real consumer insights to power your investment engine.
Learn More
LikeFolio is your content pipeline positioning your tool as an indispensable resource to your customers.
Learn More
LikeFolio has partnered with Tradesmith to build Derby City Insights and bring our powerful insights engine to private investors.
Learn More

Crypto Outperformer: NEAR Protocol ($NEAR)

December 15, 2021

Crypto Outperformer: NEAR Protocol ($NEAR)

The total crypto market cap has declined by -22% in the past month…We’re using the recent weakness to our advantage by focusing in on outperformed. Over the past week, Bitcoin ($BTC) and Ethereum ($ETH) have led the entire market lower, down -8% and -12% respectively — NEAR Protocol ($NEAR) has gained by +24% in the same timeframe Such relative strength is impressive unto itself, but $NEAR tokens are also currently trading -30% below their ATH price.
Underlying Mentions for NEAR Protocol and $NEAR tokens show a steady buildup of hype, trending +77% QoQ and at an all-time high level on a 90-day moving average.

So, what is NEAR Protocol, and what’s causing it to outperform the entirety of the cryptocurrency market?
In short, NEAR is a layer-1 blockchain with a multitude of impressive features, focused on improving usability, scalability, and simplicity.
To address scalability, NEAR utilizes 2 unique processes for consensus and validation on its blockchain, called “Doomslug” and “Nightshade” respectively. Nightshade functions in a similar manner to the sharding technology used by Elrond ($EGLD), allowing for high transaction throughput with low cost at scale.
In terms of its usability and simplicity objectives, NEAR has innovations for end-users, like human-readable account names,  and developers alike — NEAR chose a common programming language for its smart contract development: Rust.
LikeFolio data shows that the popularity of Rust has exploded over the past year, with underlying mentions at an all-time high (90d MA).

NEAR Protocol doesn't boast any groundbreaking technological advancements, but it’s a layer-1 blockchain that integrates a lot of useful features from other platforms, making it an attractive candidate for future development and adoption.

Related Posts

Related Posts

Related Reports


Get FREE insights in your inbox every week with the Daily Drop.

About LikeFolio

LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

Partner Sites

© 2024
 LikeFolio. All Rights Reserved.
Privacy Policy
Terms of Use
LikeFolio userslaptop-phonepie-chartselect