Near Protocol
NEAR Rank 51 Rank 51
$1.30 (-1.92%)

Near Protocol NEAR price:

$1.30 (-1.92%)
1h-0.13%
24h-1.92%
Week-7.81%
Month+12.59%
Year-48.91%
ETH 0.000568 (-2.92%)
BTC 0.000017 (-3.54%)
$1.29 24h Range $1.33
The live Near Protocol price today is $1.30, with a 24-hour trading volume of $86,446,516.23. NEAR has changed -1.92% in the last 24 hours.

Near Protocol (NEAR) Metrics

Basic info
Source code
Asset type
Explorers
Market Cap Rank 51
$1,538,557,904.00 BTC 19,899.00
All Time High
$20.40 16 Jan 22 % to ATH (1,470.26%)
Volume (24h) Rank 42
$86,446,516.23 BTC 1,118.06
Circulating Supply
Update supply form
1,185,165,436 Total:1,235,905,347

Near Protocol Price Chart Live

Price Chart

Zoom:
Price change:
High: Low:
real time price:
For more data check CoinPaprika API

Near Protocol (NEAR)

What is Near Protocol?

Near Protocol (NEAR) is a layer-1 blockchain platform launched in 2020 by the Near Foundation. It was designed to improve the scalability, usability, and interoperability of decentralized applications (dApps). Near Protocol operates on a unique consensus mechanism known as Nightshade, which is a variant of sharded proof-of-stake. This architecture enables the network to process transactions efficiently and maintain high throughput. The native token, NEAR, serves several critical roles within the ecosystem. It is used to pay for transaction fees and storage, participate in network governance, and is also staked by validators to secure the network. Near Protocol is distinguished by its focus on developer and user-friendly features, such as human-readable account names and a robust set of development tools. This emphasis on accessibility and performance positions Near Protocol as a significant player in the blockchain space, aiming to facilitate the mass adoption of decentralized applications by overcoming common barriers related to speed, cost, and ease of use.

When and how did Near Protocol start?

Near Protocol originated in July 2018 when it was founded by Alexander Skidanov and Illia Polosukhin. The project initially focused on creating a scalable and developer-friendly blockchain. The Near Protocol whitepaper was published in 2019, outlining its vision and technical approach. The project launched its testnet in April 2020, allowing developers and users to explore its capabilities. This was followed by the mainnet launch in October 2020, marking its initial public availability. Near Protocol's early development emphasized scalability and ease of use for developers. The initial distribution of NEAR tokens occurred through a community sale and various funding rounds, which helped establish the foundation for Near Protocol's subsequent growth and ecosystem formation.

What’s coming up for Near Protocol?

According to official updates, Near Protocol is preparing for several upcoming milestones. One of the key initiatives is the integration of sharding improvements aimed at enhancing scalability and network performance, expected to be rolled out in stages over the coming quarters. Additionally, Near Protocol is working on expanding its ecosystem through targeted partnerships and integrations with other blockchain projects, which are expected to be announced in the near future. These efforts are designed to enhance the protocol's functionality and user experience. Governance updates are also on the horizon, with community-driven proposals set to be voted on, aiming to refine network operations and decision-making processes. Progress on these initiatives can be tracked through Near Protocol's official channels and repositories.

What makes Near Protocol stand out?

Near Protocol distinguishes itself through its innovative use of sharding technology, which enhances scalability and ensures high throughput without compromising decentralization. This approach allows Near to process numerous transactions simultaneously, reducing latency and improving overall network efficiency. The protocol employs a unique consensus mechanism called Nightshade, which further optimizes performance by distributing processing across multiple shards. Near Protocol's ecosystem is bolstered by its focus on developer-friendly tools and resources, such as the Near SDKs, which simplify the creation of decentralized applications. This emphasis on accessibility encourages a diverse range of developers to build on the platform. Additionally, Near supports interoperability through its Rainbow Bridge, enabling seamless asset transfers between Ethereum and Near, expanding its utility across different blockchain networks. Governance within Near Protocol is community-driven, allowing stakeholders to participate in decision-making processes, which promotes transparency and inclusivity. The protocol's partnerships and integrations with various projects and platforms further enhance its capabilities, positioning Near Protocol as a versatile and robust player in the blockchain space.

What can you do with Near Protocol?

The NEAR token is used for transaction fees on the Near Protocol, enabling users to send value and interact with decentralized applications (dApps). Holders can stake or delegate their NEAR tokens to help secure the network, potentially earning rewards in the process. NEAR token holders may also participate in governance by voting on proposals that influence the protocol's future developments. Developers leverage Near Protocol to build and deploy dApps using its scalable and developer-friendly infrastructure. The ecosystem supports various applications and integrations, including wallets, bridges, and marketplaces, where NEAR can be utilized for specific functions like payments and accessing services.

Is Near Protocol still active or relevant?

As of the latest information, Near Protocol remains active with ongoing development and community engagement. In recent months, the project has continued to release updates and improvements to its platform, focusing on enhancing scalability and developer accessibility. The protocol maintains a robust presence in the cryptocurrency market, with active trading across major exchanges and a strong community following on social media platforms. Near Protocol's relevance is further supported by its active governance model, where community members participate in decision-making processes. Recent governance proposals and votes indicate a vibrant and engaged community. Additionally, Near Protocol continues to secure strategic partnerships and integrations, which enhance its ecosystem and expand its use cases. These factors collectively underscore Near Protocol's sustained activity and relevance in the blockchain space.

Who is Near Protocol designed for?

Near Protocol is designed for developers, providing them with a scalable and user-friendly platform to build decentralized applications (dApps). It offers tools and resources such as Software Development Kits (SDKs), Application Programming Interfaces (APIs), and comprehensive documentation to facilitate development. The protocol's focus on ease of use and scalability aims to help developers create efficient and robust applications. Secondary participants, including validators and creators, play a crucial role in the ecosystem. Validators engage in securing the network through staking, which helps maintain the integrity and performance of the blockchain. Creators can leverage the platform to develop innovative applications and services, contributing to Near Protocol's growing ecosystem. The protocol's infrastructure is designed to support a wide range of use cases, making it accessible for various participants interested in blockchain technology.

How is Near Protocol secured?

Near Protocol uses a Proof-of-Stake (PoS) consensus mechanism known as Nightshade. Validators in the network are responsible for confirming transactions and maintaining the blockchain's integrity. These validators are required to stake NEAR tokens, which align incentives by providing staking rewards for honest behavior and implementing slashing penalties for malicious actions or security breaches. The protocol employs cryptographic techniques such as Ed25519 for secure authentication and data integrity. This ensures that transactions are validated securely and efficiently. Nightshade enhances scalability by implementing a sharding approach, distributing network load across multiple shards while maintaining a single chain for consensus. Additional security measures include regular audits, a comprehensive bug bounty program, and a robust governance framework that allows for community-driven decision-making. These elements collectively contribute to the resilience and security of the Near Protocol network.

Has Near Protocol faced any controversy or risks?

Near Protocol has faced certain risks and controversies, primarily of a technical nature. In October 2022, Near Protocol experienced a security incident involving a potential vulnerability in its wallet system, which was promptly addressed by the team through a security patch and a coordinated disclosure process. The project has also faced risks associated with the broader blockchain ecosystem, such as market volatility and regulatory scrutiny, which are common across many blockchain projects. To mitigate these risks, Near Protocol has implemented regular security audits, a robust bug bounty program, and maintains transparency with its community through frequent updates and governance proposals. Ongoing risks include technical challenges like scalability and interoperability, which are addressed through continuous development and innovation within the protocol.

Near Protocol (NEAR) FAQ – Key Metrics & Market Insights

Where can I buy Near Protocol (NEAR)?

Near Protocol (NEAR) is widely available on centralized cryptocurrency exchanges. The most active platform is Binance Futures, where the NEAR/USDT trading pair recorded a 24-hour volume of over $36 174 880.84. Other exchanges include Binance and BTSE.

What's the current daily trading volume of Near Protocol?

As of the last 24 hours, Near Protocol's trading volume stands at $86,446,516.23 , showing a 27.32% decline compared to the previous day. This suggests a short-term reduction in trading activity.

What's Near Protocol's price range history?

All-Time High (ATH): $20.40
All-Time Low (ATL): $0.856576

Near Protocol is currently trading ~93.63% below its ATH and has appreciated +11% from its ATL.

What's Near Protocol's current market capitalization?

Near Protocol's market cap is approximately $1 538 557 904.00, ranking it #51 globally by market size. This figure is calculated based on its circulating supply of 1 185 165 436 NEAR tokens.

How is Near Protocol performing compared to the broader crypto market?

Over the past 7 days, Near Protocol has declined by 7.81%, underperforming the overall crypto market which posted a 1.17% gain. This indicates a temporary lag in NEAR's price action relative to the broader market momentum.

Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.

All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.

Coinpaprika is not liable for any losses resulting from the use of this information.

News All News

Education All Education

Near Protocol Basics

Open SourceYes
Tags
  • Smart Contracts (579)
  • Platform (367)
  • Cryptocurrency (1281)
  • AI (Artificial Intelligence) (543)
  • Layer 1 (L1) (178)
  • Staking (32)
  • Cross-chain (39)
  • Zero Knowledge (ZK) (62)
  • FTX Holdings (15)
  • Proof Of Stake (923)
  • Alleged SEC Securities (45)
  • Made in USA (108)

Similar Coins

Near Protocol Exchanges

Near Protocol Markets

By Volume
All CEX DEX
* Price / Volume Excluded - Outlier detected
** Volume Excluded - markets with no fees and transaction mining
*** Volume Excluded - no fresh data from exchange API

Other coins worth interest - similar to Near Protocol

Top coins with Cryptocurrency Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
1 Bitcoin Bitcoin BTC $1 548 156 629 213 $77 318.34 $23 169 669 168 20,023,150
Bitcoin 7d price chart-0.38%
2 Ethereum Ethereum ETH $275 039 755 922 $2 283.88 $7 341 228 654 120,426,316
Ethereum 7d price chart-1.22%
4 BNB BNB BNB $86 010 036 606 $617.96 $514 094 765 139,184,442
BNB 7d price chart-2.69%
5 XRP XRP XRP $84 962 944 547 $1.38 $1 416 203 875 61,685,776,928
XRP 7d price chart-3.47%
7 Solana Solana SOL $48 393 056 565 $84.00 $1 773 329 039 576,088,900
Solana 7d price chart-1.67%
Top coins with Cross-chain Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
80 Quant Quant QNT $830 919 138 $68.83 $5 334 134 12,072,738
Quant 7d price chart-3.53%
86 Cosmos Cosmos ATOM $734 949 710 $1.88 $40 895 828 390,934,204
Cosmos 7d price chart-3.46%
212 LayerZero LayerZero ZRO $158 005 341 $1.44 $8 754 364 110,000,000
LayerZero 7d price chart-10.00%
352 Ontology Ontology ONT $64 792 168 $0.070912 $4 901 053 913,697,857
Ontology 7d price chart-9.38%
355 aelf aelf ELF $64 173 293 $0.078299 $381 294 819,593,270
aelf 7d price chart+0.25%
Top coins with Staking Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
97 Stable Stable STABLE $589 416 861 $0.033490 $11 691 594 17,600,000,000
Stable 7d price chart-4.40%
132 Ether.fi Ether.fi ETHFI $342 863 606 $0.410141 $13 842 838 835,965,183
Ether.fi 7d price chart-8.80%
226 Sonic Sonic S $137 425 535 $0.043284 $9 338 792 3,175,000,000
Sonic 7d price chart-1.63%
370 Spark Spark SPK $60 088 986 $0.035346 $9 165 915 1,700,000,000
Spark 7d price chart-22.11%
687 Nosana Nosana NOS $19 518 867 $0.234039 $206 333 83,400,000
Nosana 7d price chart-3.27%
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
41 BitTensor BitTensor TAO $2 484 732 349 $258.89 $131 996 679 9,597,491
BitTensor 7d price chart+5.67%
76 Render Render RENDER $877 968 606 $1.70 $15 151 371 517,690,747
Render 7d price chart-5.75%
102 Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET $516 746 456 $0.197990 $27 797 433 2,609,959,126
Artificial Superintelligence Alliance 7d price chart-5.36%
112 Virtuals Protocol Virtuals Protocol VIRTUAL $454 962 478 $0.701459 $32 252 454 648,594,347
Virtuals Protocol 7d price chart-0.04%
171 The Graph The Graph GRT $231 359 289 $0.024230 $6 253 734 9,548,531,509
The Graph 7d price chart-1.33%
Top coins with Layer 1 (L1) Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
1 Bitcoin Bitcoin BTC $1 548 156 629 213 $77 318.34 $23 169 669 168 20,023,150
Bitcoin 7d price chart-0.38%
2 Ethereum Ethereum ETH $275 039 755 922 $2 283.88 $7 341 228 654 120,426,316
Ethereum 7d price chart-1.22%
4 BNB BNB BNB $86 010 036 606 $617.96 $514 094 765 139,184,442
BNB 7d price chart-2.69%
7 Solana Solana SOL $48 393 056 565 $84.00 $1 773 329 039 576,088,900
Solana 7d price chart-1.67%
8 TRON TRON TRX $28 157 059 292 $0.326030 $418 868 541 86,363,298,503
TRON 7d price chart-0.69%
Top coins with FTX Holdings Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
1 Bitcoin Bitcoin BTC $1 548 156 629 213 $77 318.34 $23 169 669 168 20,023,150
Bitcoin 7d price chart-0.38%
2 Ethereum Ethereum ETH $275 039 755 922 $2 283.88 $7 341 228 654 120,426,316
Ethereum 7d price chart-1.22%
4 BNB BNB BNB $86 010 036 606 $617.96 $514 094 765 139,184,442
BNB 7d price chart-2.69%
7 Solana Solana SOL $48 393 056 565 $84.00 $1 773 329 039 576,088,900
Solana 7d price chart-1.67%
190 Polygon Polygon MATIC $184 147 585 $0.096222 $42 808.42 1,913,783,718
Polygon 7d price chart+0.08%
Top coins with Zero Knowledge (ZK) Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
23 Zcash Zcash ZEC $5 714 472 615 $349.97 $352 345 288 16,328,269
Zcash 7d price chart+1.14%
146 Immutable X Immutable X IMX $300 214 179 $0.169774 $5 794 231 1,768,317,543
Immutable X 7d price chart-3.99%
172 Lighter Lighter LIT $226 633 303 $0.906533 $18 042 835 250,000,000
Lighter 7d price chart-4.55%
190 Polygon Polygon MATIC $184 147 585 $0.096222 $42 808.42 1,913,783,718
Polygon 7d price chart+0.08%
283 Horizen Horizen ZEN $94 230 212 $5.79 $7 635 676 16,276,188
Horizen 7d price chart-6.73%
Top coins with Alleged SEC Securities Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
7 Solana Solana SOL $48 393 056 565 $84.00 $1 773 329 039 576,088,900
Solana 7d price chart-1.67%
8 TRON TRON TRX $28 157 059 292 $0.326030 $418 868 541 86,363,298,503
TRON 7d price chart-0.69%
15 Cardano Cardano ADA $9 584 532 091 $0.248306 $240 040 165 38,599,647,244
Cardano 7d price chart-0.42%
37 Toncoin Toncoin TON $3 393 977 909 $1.34 $62 528 317 2,524,167,086
Toncoin 7d price chart+3.06%
60 Internet Computer Internet Computer ICP $1 309 995 358 $2.37 $15 720 921 552,030,969
Internet Computer 7d price chart-3.72%
Top coins with Made in USA Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
5 XRP XRP XRP $84 962 944 547 $1.38 $1 416 203 875 61,685,776,928
XRP 7d price chart-3.47%
6 USDC USDC USDC $77 196 656 835 $1.000138 $9 495 773 011 77,185,991,818
USDC 7d price chart0.00%
7 Solana Solana SOL $48 393 056 565 $84.00 $1 773 329 039 576,088,900
Solana 7d price chart-1.67%
10 Dogecoin Dogecoin DOGE $16 092 045 504 $0.107893 $1 124 060 690 149,147,696,384
Dogecoin 7d price chart+10.87%
15 Cardano Cardano ADA $9 584 532 091 $0.248306 $240 040 165 38,599,647,244
Cardano 7d price chart-0.42%
Top coins with Platform Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
15 Cardano Cardano ADA $9 584 532 091 $0.248306 $240 040 165 38,599,647,244
Cardano 7d price chart-0.42%
32 Avalanche Avalanche AVAX $3 847 065 541 $9.11 $117 159 780 422,275,285
Avalanche 7d price chart-2.73%
36 Sui Sui SUI $3 662 939 326 $0.914496 $155 919 172 4,005,418,370
Sui 7d price chart-2.97%
54 Aave Aave AAVE $1 393 834 090 $92.47 $162 689 383 15,073,211
Aave 7d price chart-1.16%
59 Ethereum Classic Ethereum Classic ETC $1 312 824 478 $8.39 $47 903 450 156,521,336
Ethereum Classic 7d price chart-1.22%
Top coins with Smart Contracts Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
2 Ethereum Ethereum ETH $275 039 755 922 $2 283.88 $7 341 228 654 120,426,316
Ethereum 7d price chart-1.22%
4 BNB BNB BNB $86 010 036 606 $617.96 $514 094 765 139,184,442
BNB 7d price chart-2.69%
7 Solana Solana SOL $48 393 056 565 $84.00 $1 773 329 039 576,088,900
Solana 7d price chart-1.67%
8 TRON TRON TRX $28 157 059 292 $0.326030 $418 868 541 86,363,298,503
TRON 7d price chart-0.69%
15 Cardano Cardano ADA $9 584 532 091 $0.248306 $240 040 165 38,599,647,244
Cardano 7d price chart-0.42%
Top coins with Proof Of Stake Tag
# Name Market Cap Price Volume (24h) Circulating Supply 7d chart
2 Ethereum Ethereum ETH $275 039 755 922 $2 283.88 $7 341 228 654 120,426,316
Ethereum 7d price chart-1.22%
7 Solana Solana SOL $48 393 056 565 $84.00 $1 773 329 039 576,088,900
Solana 7d price chart-1.67%
15 Cardano Cardano ADA $9 584 532 091 $0.248306 $240 040 165 38,599,647,244
Cardano 7d price chart-0.42%
32 Avalanche Avalanche AVAX $3 847 065 541 $9.11 $117 159 780 422,275,285
Avalanche 7d price chart-2.73%
36 Sui Sui SUI $3 662 939 326 $0.914496 $155 919 172 4,005,418,370
Sui 7d price chart-2.97%