NEAR Sees Strong Adoption with 854K Daily Transactions in Q2

NEAR Protocol's Q2 2026 update revealed strong user engagement and network activity. The Layer-1 blockchain averaged approximately 854,000 daily transactions and 121,000 daily active addresses during the quarter.

The report highlighted ecosystem contributors that supported network activity, with HOT Wallet leading transaction volume, Ref Finance remaining a major decentralized finance platform, and Tether (USDT) processing over 1 million transactions.

NEAR's scaling roadmap advanced through dynamic resharding, which automatically adjusts resources based on network demand. The protocol also outlined its next infrastructure upgrade, SPICE, aiming to support high-frequency workloads with 200-millisecond block times and sub-second transaction finality.