NEAR Protocol (NEAR) | Buy NEAR Protocol Now |
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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 | 83 |
Current price | $3.24 |
Change 24h | -0.02% |
Change 7d | -18.66% | Market Cap | $2 357 193 756 |
Available supply | 726 520 339 NEAR |
Volume 24h | $127 967 139 |
Updated | Monday, July 4, 2022 9:00:03AM UTC |
Nature | Token |
Mineable | No |
Discussion | |
WWW | Website |
After | Price | Change |
1 day | $2.69 | -16.96% |
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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.
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.
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.
Date | Open, $ | Min, $ | Max, $ | Market cap, $ |
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Jun 25 | 4.00 | 4.00 | 4.39 | 3 029 498 497 |
Jun 26 | 4.17 | 3.83 | 4.30 | 2 765 468 737 |
Jun 27 | 3.79 | 3.68 | 3.99 | 2 723 185 689 |
Jun 28 | 3.73 | 3.41 | 3.75 | 2 464 088 300 |
Jun 29 | 3.41 | 3.35 | 3.52 | 2 529 409 974 |
Jun 30 | 3.41 | 3.14 | 3.41 | 2 349 070 341 |
Jul 01 | 3.35 | 3.26 | 3.42 | 2 441 855 235 |
Jul 02 | 3.35 | 3.26 | 3.37 | 2 424 180 859 |
Jul 03 | 3.31 | 3.21 | 3.33 | 2 407 205 418 |
Jul 04 | 3.32 | 3.22 | 3.32 | 2 357 193 756 |
* 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.
# | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
1 | ![]() |
Bitcoin predictions | 59.2% | 88 | $19 140.20 | 0.69% | -10.68% | $365 286 501 881 | ||
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2 | ![]() |
Ethereum predictions | 54% | 93 | $1 052.12 | -0.25% | -14.42% | $127 732 400 345 | ||
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Tether predictions | 91.6% | 1 | $0.999073 | 0% | -0.04% | $66 020 314 113 | ||
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USD Coin predictions | 95.6% | 1 | $1.000180 | 0.03% | 0.02% | $55 812 644 858 | ||
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Binance Coin predictions | 65.2% | 75 | $216.97 | -0.05% | -9.70% | $35 426 838 093 | ||
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Binance USD predictions | 92.4% | 1 | $1.000661 | 0.08% | 0.04% | $17 558 830 487 | ||
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XRP predictions | 68% | 69 | $0.316937 | 1.69% | -12.93% | $15 321 697 757 | ||
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Cardano predictions | 66.8% | 72 | $0.448043 | 0.04% | -11.32% | $15 122 596 829 | ||
9 | ![]() |
Solana predictions | 68% | 70 | $32.98 | 0.94% | -19.51% | $11 325 363 890 | ||
10 | ![]() |
Dogecoin predictions | 66.8% | 62 | $0.066106 | 1.00% | -14.30% | $8 770 292 754 | ||
11 | ![]() |
Dai predictions | 94.8% | 1 | $1.000314 | 0.02% | 0% | $6 923 688 572 | ||
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Polkadot predictions | 68% | 67 | $6.72 | 0.35% | -17.69% | $6 633 125 820 | ||
13 | ![]() |
TRON predictions | 66% | 74 | $0.065691 | 3.85% | -4.12% | $6 075 697 886 | ||
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UNUS SED LEO predictions | 73.6% | 54 | $5.88 | 2.75% | 0.12% | $5 608 593 130 | ||
15 | ![]() |
SHIBA INU predictions | 71.2% | 63 | $0.000010 | 1.24% | -13.41% | $5 530 696 233 |
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