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NEAR Protocol
NEAR

$5.15
Market Cap
-2.85% $6,253,279,878
Fully diluted market cap
$6,256,592,425
Circulating supply
1,213,427,091 NEAR
Total supply
1,213,427,091 NEAR
Max. supply
-
Volume 24h
+5.07% $363,211,206
Volume/Market cap (24h)
+5.81%

Official Links

Socials

Ratings

Average ratings from the community
4.5
90 Ratings
Average ratings from the community
This content is for informational purposes only

logo
NEAR Protocol
NEAR

$5.15
1D
7D
1M
3M
1Y
ALL
Market Cap
-2.85% $6,253,279,878
Fully diluted market cap
$6,256,592,425
Circulating supply
1,213,427,091 NEAR
Total supply
1,213,427,091 NEAR
Max. supply
-
Volume 24h
+5.07% $363,211,206
Volume/Market cap (24h)
+5.81%

NEAR Price Calculator

NEAR
USD
1 NEAR equals $5.15 United States Dollar
Last updated 2024/10/07 19:00:05 (UTC)

Official Links

Socials

Ratings

Average ratings from the community
4.5
90 Ratings
Average ratings from the community
This content is for informational purposes only

NEAR Market

NEAR Market Stats

24h Low & High
Lowest Price
$4.80
Highest Price
$5.31
All Time High
$20.41
Price Change(1h)
-2.23%
Price Change(24h)
+6.25%
Price Change(7d)
-5.34%

NEAR Price Live Data

The live price of NEAR Protocol is $5.15 per (NEAR/USD) today with 24-hour trading volume is $363.21M USD. NEAR to USD price is updated in real-time. NEAR Protocol is +6.25% in the last 24 hours.

NEAR Price Performance

24DAYS
$0.40
+8.41%
30DAYS
$1.51
+40.93%
90DAYS
$0.69
+15.36%
1YEAR
$4.13
+376.33%

About 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 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 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 To Local Currency

Last updated 2024/10/07 00:00:02 (UTC)

How To Buy NEAR Protocol

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy NEAR Protocol and help you discover other cryptocurrencies similar to NEAR Protocol.

How to buy?

FAQ

Q
What is the current price of NEAR Protocol?
A
We update our NEAR Protocol to USD price in real-time. Get the live Price of NEAR Protocol on CoinMapAi.
Q
What is the 24 hour trading volume of NEAR Protocol?
A
Over the last 24 hours, the trading volume of NEAR Protocol is $363.21M.
Q
What is the all time high of NEAR Protocol?
A
The all-time high of NEAR Protocol is $20.41. This all-time high is highest price paid for NEAR Protocol since it was launched.
Q
Where can I buy NEAR Protocol?
A
NEAR Protocol can be purchased on multiple centralized exchanges. Please check our buying guide: buy NEAR Protocol guide.
Cryptocurrency investment activities, including actions done to buy NEAR Protocol online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy NEAR Protocol instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your NEAR Protocol purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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