NEAR Protocol posts $15.6M revenue in early 2026, signaling strong growth and undervaluation compared to peers.

NEAR Protocol generated $15.6 million in revenue during the first four months of 2026, showing rapid growth from $10 million total revenue before 2026. Analysts project its annual revenue could reach up to $585 million by 2030, driven by sustained compound growth rates. NEAR's price-to-sales ratio of 34x is lower than Solana's 40x and far below Ethereum's 200x, suggesting it is undervalued. With a fully circulating supply and community-focused token mechanics, NEAR presents a low dilution risk and a promising investment opportunity in the blockchain and AI crossover space.