NEAR Foundation released the transparency report for the third quarter of 2022: the number of protocol accounts increased to 20.6 million, and the number of weekly active wallets surged to 280,000

ChainCatcher news, the NEAR Foundation released the Q3 2022 transparency report, which states that the number of NEAR protocol accounts increased from 15.6 million at the end of Q2 to over 20.6 million accounts at the end of Q3. The number of weekly active wallets surged to 280,000, up from 26,000 at the end of Q2. During this period, the number of weekly active developers remained steady at around 1,100.

In addition, the NEAR Foundation invested a total of $39 million in Q3: $10 million in seed funding to deploy capital into dedicated investment funds within the ecosystem; the foundation allocated $26 million to support NEAR-based projects through direct investments and grants; and $3 million was used to establish physical centers, including the U.S. center Banyan and the Balkan center. (source link)