NEAR Protocol’s Mainnet has become the first non-EVM blockchain to fully integrate with MetaMask, offering users a familiar interface for decentralized applications.

This integration boosts NEAR’s accessibility, enhancing its position within the Ethereum ecosystem.

NEAR Mainnet to Becomes First Non EVM Chain Fully Compatible With MetaMask

This is an incredible milestone for NEAR Protocol as the first non-EVM blockchain to be fully compatible with MetaMask.

With this integration, Ethereum users will have a natural way to interact with the fast and scalable NEAR blockchain.

Considering that MetaMask is one of the most used wallets within the crypto ecosystem, this development allows NEAR’s dApps to be more easily accessible and allow interaction with them.

This opens new opportunities for both users and developers in the NEAR ecosystem. The integration of Ethereum assets not only makes them usable for NEAR, but also allows seamless and instant transfer of assets and dApp usage across both chains.

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This sets up NEAR to be an attractive platform for Ethereum developers, with cheaper and faster throughput than Ethereum.

With this achievement, NEAR becomes the benchmark for blockchain interoperability. With its collaboration with MetaMask, NEAR’s potential for DeFi activity and other blockchain innovation has increased.

The development will likely inspire more adoption of the NEAR network, as it renders it easy for the Ethereum users to check out the platform’s features and benefits.

Dolphin Volume on NEAR Protocol Has Been Seeing Record Levels in November

At record dolphin volume, NEAR Protocol hit over $36 million in token swaps in November 2024. Investors referred to as dolphins, who own a midsized amount of tokens, were more active, a sign that non-whale market participants were participating in this $0.02 transaction.

However, NEAR’s drop from its May all-time high of $16.14 by 35% does not seem to have deterred dolphin volume, as it indicates excitement for investors and general market activity.

So far, it’s already seen a 72% increase in dolphin volume from November, reaching $26 million mid-month in December.

We therefore believe that this performance is a clear sign of strong market activity, which is likely to grow in the following weeks.

Adding to the volume, coupled with NEAR’s price stability, indicates growing investor confidence in the fledgling coin.

An active ecosystem with high levels of market engagement also contributes to growing activity from dolphins. NEAR could break November’s record high volume as we get into December.

Midsized investors’ continued strong participation shows positively towards network growth and future prospects.

Following Recent correction, NEAR Looks Up

Analyst Michaël van de Poppe says that NEAR Protocol is looking at a positive market outlook after having undergone a ‘casual correction.’

According to the technical chart, NEAR pullback has found support and it should continue with the uptrend. Further correction was mild and the uptrend should continue.

With further upward momentum possible, according to the Relative Strength Index (RSI), and other broader market conditions also conducive to a positive outlook.

NEAR is about to break out as the market bounces back from the small dip and is targeting higher price levels.

The trading and investing community is keeping an eye out for the performance of NEAR and its eventual revamp.

It’s bolstered the confidence of investors in what NEAR should be able to withstand in the correction phase. Should this sentiment continue, NEAR will take the lead for the next round of price action up.