NEAR Protocol's Market Cap Hits $4.5B Amid Shifting Investor Sentiment

The market cap of NEAR Protocol has reached $4.5 billion, according to crypto analyst @Route2FI.

This figure puts it in a notable position among other assets, despite mixed signals in the broader crypto market.

In comparison, Zama's shielded Total Value Locked (TVL) is higher than NEAR's, but its valuation is significantly lower, at 40 times less.

The contrast between these two metrics raises questions about market dynamics and investor sentiment in the crypto space.