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BTC$51 105.08

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Ethereum
ETH$2 960.73

0.64%

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USDT$0.999837

0.01%

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BNB$380.69

1.13%

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1.85%

NEAR Protocol (NEAR) Price, Market Cap and Information


NEAR Protocol (NEAR) Buy NEAR Protocol Now
NEAR Protocol (NEAR) NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been
CVIX 63
Current price $3.55
Change 24h 10.21%
Change 7d 8.93%
Market Cap $3 704 467 074
Available supply 1 042 289 025 NEAR
Volume 24h $342 576 780
Updated Saturday, February 24, 2024 12:00:07PM UTC
Nature Token
Mineable No
Discussion
WWW Website

NEAR Protocol price change 24 hours

NEAR Protocol Short Term Forecast

After Price Change
1 day $3.83 7.67%

NEAR Protocol Price Predictions

NEAR Protocol General Information

General NEAR facts, technical details and NEAR Protocol Cryptocurrency information

NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”

NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”

Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.

Who Are the Founders of NEAR Protocol (NEAR)?

NEAR Protocol was founded by Erik Trautman, an entrepreneur with experience on Wall Street and founder of Viking Education. His co-founders were Illia Polosukhin, who has more than ten years of industry experience, including three years at Google, and Alexander Skidanov, a computer scientist that worked at Microsoft and went on to join memSQL, where he became the director of engineering. NEAR Protocol has an extensive team of experienced developers that includes several International Collegiate Programming Contest (ICPC) gold medalists and winners. The team claims to have people with experience of building some of the only real-world sharded systems at scale, a solution the protocol is pursuing to improve blockchain scalability.

What Makes NEAR Protocol (NEAR) Unique?

NEAR uses its Nightshade technology to improve transaction throughput massively. Nightshade is a variation of sharding, in which individual sets of validators process transactions in parallel across multiple sharded chains, improving the overall capacity of the blockchain. In contrast to “regular” sharding, shards in Nightshade produce a fraction of the next block, called “chunks.” In doing so, NEAR Protocol is able to achieve up to 100,000 transactions per second and achieve near-instant transaction finality thanks to a one-second block cadence while simultaneously keeping transaction fees at virtually zero.

NEAR Protocol also improves upon the convoluted onboarding process of other blockchains by having human-readable addresses and building decentralized applications with similar registration flow to what users have already experienced. Moreover, it provides developers with modular components, helping them start projects like token contracts or NFTs more quickly.

NEAR Protocol Historical Data – 10 days

Date Open, $ Min, $ Max, $ Market cap, $
Feb 15 3.34 3.28 3.39 3 443 568 787
Feb 16 3.40 3.22 3.42 3 389 354 641
Feb 17 3.28 3.16 3.31 3 442 625 110
Feb 18 3.33 3.28 3.56 3 699 701 549
Feb 19 3.51 3.49 3.61 3 725 433 972
Feb 20 3.54 3.28 3.54 3 544 248 754
Feb 21 3.40 3.11 3.40 3 344 415 766
Feb 22 3.25 3.13 3.33 3 435 262 460
Feb 23 3.25 3.17 3.42 3 491 533 350
Feb 24 3.36 3.31 3.59 3 704 467 074

NEAR/USD Price Charts

NEAR to USD price chart – 7 days
NEAR to USD price chart – 30 days
NEAR to USD price chart – 60 days
NEAR to USD price chart – 6 months

* Crypto Rating accepts no liability for any errors in the NEAR Protocol information, NEAR Prices and NEAR's Market Cap. For the most up-to-date prices please visit the NEAR Protocol's official website.

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 65.2% 79 $51 105.08 -0.20% -1.15% $1 003 512 715 674 BTC 7 days price change
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3 Tether (USDT) USDT Tether predictions 91.6% 1 $0.999837 0.01% -0.05% $97 894 752 247 USDT 7 days price change
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5 Solana (SOL) SOL Solana predictions 72.4% 50 $102.23 -0.37% -6.58% $45 090 053 848 SOL 7 days price change
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7 USD Coin (USDC) USDC USD Coin predictions 94% 1 $0.999999 0% 0% $28 140 573 679 USDC 7 days price change
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14 Lido stETH (STETH) STETH Lido stETH predictions 93.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 77.2% 48 $7.75 5.49% 1.95% $9 944 804 876 DOT 7 days price change

News, Promo

NEAR
Near Protocol partners with Google Cloud to support Web3 devs

Under a partnership with Near Protocol, Google Cloud will support Near developers in building and scaling their Web3 projects and DApps. Near Foundation has announced a new partnership...

06 Oct 2022
NEAR
NEAR developers to get seamless Web3 app deployment with Pocket Network

According to Pocket Network, the latest integration with NEAR allows native developers to deploy their applications on other supported blockchains, including Ethereum, Solana, Polygon and more...

17 May 2022
NEAR
Near Protocol raises $350M in new funding led by Tiger Global

Near Protocol, a relatively new layer 1 blockchain, announced on Wednesday that it secured a substantial $350 million in funding from top venture capitalists and investors...

08 Apr 2022

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