Derived from Coinotag, NEAR Protocol has achieved 1 million transactions per second (TPS) using its Nightshade 2.0 sharding technology, a major scalability milestone. Despite this technical breakthrough, the network's daily revenue remains at approximately $5,000, according to DeFiLlama data. The performance targets future use cases like decentralized AI and micropayments, but the low revenue highlights a gap between technical capability and real-world adoption. NEAR’s native token, NEAR, is priced at $1.75 with a market cap of $2.24 billion, per CoinMarketCap.
NEAR Protocol Hits 1M TPS with Nightshade 2.0, But Daily Revenue Remains at $5K
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