About NEAR Protocol
NEAR is the native token of the NEAR Protocol, a highly scalable blockchain network that provides a developer-friendly, decentralized application platform. NEAR tokens are used to pay network fees and can be staked to enhance network security.
Buy NEAR Protocol
Trading Insights
Buyer Ratio
Traders
1.3K
8.98%
Buyers
602
14.23%
Sellers
753
1.35%
Searched
1.4K
Market Stats
Market Cap
£2.63B
-9.09%
FDV
£2.68B
Circ. Supply
1.2B NEAR
Max Supply
Not enough data
Total Supply
1.3B NEAR
Diluted Valuation
£2.68B
Performance
Popularity
#35
Dominance
0.09%
Volume (24H)
£267.94M
22.66%
Volume (7D)
£3.49B
Volume (30D)
£6.95B
All time high
£15.10
Price Change (1Y)
-37.35%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of NEAR Protocol has decreased by 0.14% in the last hour and decreased by 8.96% in the past 24 hours. NEAR Protocol’s price has also risen by 8.26% in the past week. The current price is £2.10 per NEAR with a 24-hour trading volume of £267.94M. Currently, NEAR Protocol is valued at 86.08% below its all time high of £15.10. This all-time high was the highest price paid for NEAR Protocol since its launch.
The current circulating supply of NEAR Protocol is 1,249,836,992 NEAR which means that NEAR Protocol has as total market cap of £2,630,230,455.21.
Market details
NEAR vs markets
↘ 64.57%
NEAR vs BTC
↘ 64.55%
NEAR vs ETH
↘ 61.33%
Tags
platform
ai-big-data
staking
cross-chain
+7
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x1Fa4a73a3F0133f0025378af00236f3aBDEE5D63 | |
Near | NA | |
Ethereum | 0x85F17Cf997934a597031b2E18a9aB6ebD4B9f6a4 |
Price history
Time | Price | Change |
|---|---|---|
Today | £2.10 | ↘ 8.96% |
1 Day | £2.28 | ↘ 8.96% |
1 Week | £1.93 | ↗ 8.26% |
1 Month | £1.83 | ↗ 15.50% |
1 Year | £3.40 | ↘ 37.35% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
NEAR Protocol (NEAR) is a layer-one blockchain that functions as a community-run cloud computing platform. It aims to address challenges such as slow transaction speeds, low throughput, and limited interoperability that have been a hurdle for other blockchains. NEAR Protocol provides a conducive environment for decentralized applications (DApps) and aims to create a platform that is both developer and user-friendly. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to other platforms. NEAR Protocol also introduces unique solutions to scaling problems and has its own consensus mechanism known as "Doomslug."
NEAR Protocol utilizes its Nightshade technology with the aim of enhancing transaction throughput. Nightshade is a variant of sharding, where individual sets of validators process transactions in parallel across multiple sharded chains, thereby aiming to improve the overall capacity of the blockchain. Unlike traditional sharding, shards in Nightshade produce a fraction of the next block, referred to as "chunks." This allows NEAR Protocol to strive for up to 100,000 transactions per second, while aiming to keep transaction fees low. NEAR Protocol also simplifies the onboarding process of other blockchains by using human-readable addresses and building decentralized applications with a similar registration flow to what users are already familiar with.
NEAR Protocol is designed with the aim of managing high-value assets and making them accessible for everyday people. It provides a platform for the development of various projects. For instance, Flux, a protocol that enables developers to create markets based on assets, commodities, and real-world events, and Mintbase, a platform for minting non-fungible tokens (NFTs), are examples of projects being built on NEAR Protocol. The NEAR token is intended to be used for processing transactions and storing data, running validator nodes on the network via staking NEAR tokens, and for governance votes to determine how network resources are allocated.
NEAR Protocol was founded by Illia Polosukhin and Alexander Skidanov. Polosukhin has over a decade of industry experience, including three years at Google. Skidanov is a computer scientist who worked at Microsoft and later joined memSQL, where he became the director of engineering. The NEAR Protocol team includes several International Collegiate Programming Contest (ICPC) gold medalists and winners. The protocol was launched on April 22, 2020. The NEAR Foundation, a Swiss-based non-profit, is dedicated to protocol maintenance, ecosystem funding, and guiding the protocol's governance.
We update our NEAR Protocol to GBP currency in real-time. Get the live price of NEAR Protocol on Coinbase.
The current market cap of NEAR Protocol is £2.63B. A high market cap implies that the asset is highly valued by the market.
The all-time high of NEAR Protocol is £15.10. This all-time high is highest price paid for NEAR Protocol since it was launched.
Over the last 24 hours, the trading volume of NEAR Protocol is £267.94M.
Assets that have a similar market cap to NEAR Protocol include OKB, Bitget Token, Aave, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of NEAR Protocol is 1.2 billion.
NEAR Protocol ranks 12 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 95% of Coinbase users are buying NEAR Protocol. In other words, 95% of Coinbase customers have increased their net position in NEAR Protocol over the past 24 hours through trading.
Yes, NEAR Protocol is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy NEAR Protocol guide.
NEAR Protocol news
Trending articles
Social stats
Popularity in posts
#45
Contributors
303
Posts
484
% About NEAR Protocol
0.307%
Articles
3
Hold times
0 days
X (Twitter)
73.74% bullish
Sentiment
4.4 ★
Highlights
303 unique individuals are talking about NEAR Protocol and it is ranked #45 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, NEAR Protocol has an average sentiment score of 87 out of 5. Finally, NEAR Protocol is becoming less newsworthy, with 3 news articles published about NEAR Protocol.
On Twitter, people are mostly bullish about NEAR Protocol. There were 76.78% of tweets with bullish sentiment compared to 4.13% of tweets with a bearish sentiment about NEAR Protocol. 23.22% of tweets were neutral about NEAR Protocol. These sentiments are based on 313 tweets.
On Reddit, NEAR Protocol was mentioned in 8 Reddit posts and there were 4 comments about NEAR Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.