The live NEAR Protocol (NEAR) price is 2.67, with a 24 hours Blynex trading volume of 163.22 M. The price of NEAR Protocol changed by 6.39% in the past 24 hours. With a circulating supply of 1.2 B NEAR and a maximum supply of 1.24 B NEAR coins. NEAR Protocol currently ranks #32 in market cap. You have the option to purchase NEAR Protocol (NEAR) on the Blynex exchange.
Date of Issue: 14.10.2020
NEAR Protocol (NEAR) is a high-performance Layer 1 blockchain designed to provide a fast, scalable....
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24H Value
163.22 M
Market Cap(USD)
3.2 B
Circulating
1.2 B
Total Supply
1.24 B
(NEAR) NEAR Protocol Live Price Data
About NEAR Protocol (NEAR)
NEAR Protocol (NEAR) is a high-performance Layer 1 blockchain designed to provide a fast, scalable. Buying NEAR on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy NEAR Protocol (NEAR).
What is NEAR Protocol (NEAR)?
NEAR Protocol is a high-performance Layer 1 blockchain designed to provide a fast, scalable, and user-friendly environment for decentralized applications (DApps). Unlike traditional blockchains that struggle with low transaction speeds and high fees, NEAR eliminates these limitations with innovative technology and a developer-centric approach. With human-readable account names and a streamlined user experience, NEAR makes blockchain more accessible to everyday users while offering powerful tools for developers.
Who Founded NEAR Protocol?
NEAR Protocol was co-founded by Erik Trautman, an entrepreneur with a background on Wall Street, alongside Illia Polosukhin, a former Google engineer, and Alexander Skidanov, a seasoned computer scientist with experience at Microsoft and memSQL. The NEAR team includes some of the brightest minds in the industry, including International Collegiate Programming Contest (ICPC) gold medalists and experts in sharded system development. Their combined expertise has positioned NEAR as a leading blockchain focused on scalability, security, and usability.
How Does NEAR Protocol Achieve High Performance?
At the core of NEAR's efficiency is its unique Nightshade technology, a sharding solution that enables parallel processing of transactions across multiple chains. Unlike traditional sharding, Nightshade produces "chunks" of data that contribute to the next block, allowing the network to process up to 100,000 transactions per second. With one-second block finality and minimal transaction fees, NEAR ensures a seamless experience for users and developers alike.
A Developer-Friendly Blockchain
NEAR Protocol is designed with developers in mind, offering modular components, intuitive tooling, and a frictionless onboarding process. Unlike blockchains that require complex cryptographic wallet addresses, NEAR simplifies the experience with human-readable account names. Developers can also leverage ready-made components to quickly build token contracts, NFTs, and decentralized applications, making NEAR an ideal ecosystem for innovation.
NEAR’s Expanding Ecosystem
The NEAR ecosystem is home to groundbreaking projects like Flux, a decentralized market creation protocol, and Mintbase, an NFT minting platform. As a community-driven initiative, NEAR is continuously evolving, with the NEAR Collective spearheading updates to enhance security, usability, and interoperability. With its cutting-edge technology and commitment to accessibility, NEAR Protocol is shaping the future of blockchain adoption.NEAR to local currency
- NEAR to USD2.511
- NEAR to EUR2.321
- NEAR to AUD4.023
- NEAR to KRW3,696.314
- NEAR to JPY376.236
- NEAR to GBP1.943
- NEAR to INR214.648
- NEAR to CAD3.614
- NEAR to AED9.222
- NEAR to RUB210.334
NEAR to crypto currency
- NEAR to BTC0.0000303763
- NEAR to ETH0.0013756332
- NEAR to USDT2.512
- NEAR to BNB0.004
- NEAR to SOL0.020
- NEAR to XRP1.205
- NEAR to ADA3.608
- NEAR to TRX10.612
- NEAR to LTC0.030
- NEAR to TON0.609
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