Three tokens are topping headlines as the crypto market rebounds from Moday’s rout. Top altcoin Rollblock (RBLK) marks a fresh high on the back of 100x growth estimates, BNB (BNB) is also aiming for fresh highs after a big bounce and Near Protocol (NEAR) stalls as old problems cut its recovery short.
Near Protocol Continues to Slide as Users Congregate on Biggest Blockchains
The Near Protocol price is up 15% from its lows, but it has since flatlined while the rest of the market continues its recovery. Near Protocol is already on its way back down toward $3 from highs of $8 only 2 months ago.
Near Protocol is suffering alongside other small utility blockchains as the majority of users congregate on a handful of big blockchains like Solana and Ethereum. As the technology on these utility blockchains converges, users are turning to the biggest ecosystems and leaving small blockchains like Near Protocol behind. With this in mind, Near Protocol could see a recovery, though Near Protocol
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