Near sees 46M users in Q2, yet its price struggles at 2.80 USD – why?

In Q2 2025, NEAR Protocol’s user base reached 46 million, but its price decline to 2.80 USD raises concerns about market responses to its growth metrics. Active engagement increased, yet the price remained in bearish territory, sparking questions about future resistance and support levels.

The NEAR Protocol saw a significant volume of 88.85 million USD and unique swaps increasing, yet price resistance at 2.80 USD poses challenges. If NEAR fails to hold its support at 2.22 USD, a deeper selloff could occur, complicating its growth trajectory.

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