Near Protocol price

in USD
$2.8890
+$0.058000 (+2.04%)
USDUSD
Market cap
$3.60B #30
Circulating supply
1.24B / 1.26B
All-time high
$20.6000
24h volume
$277.10M
4.0 / 5

About Near Protocol

Layer 1
CertiK
Last audit: Jun 1, 2020, (UTC+8)

Near Protocol’s price performance

3 months
+28.74%
$2.2440
30 days
+32.40%
$2.1820
7 days
+16.30%
$2.4840
Today
+2.04%
$2.8310
61%
Buying
Updated hourly.
More people are buying NEAR than selling on OKX

Near Protocol on socials

Symphony
Symphony
Founders who actually use their own products >>>
Mozart
Mozart
every founder should be obsessed with using their own product if they expect anyone else to be i put $1000 in my personal account to trade fully based on @Symp_AI’s ai-based insights Here’s my week 1 progress
2.35K
50
Jampzey.hl
Jampzey.hl
only 2 more roadblocks to blow down until @infinex takes over a lot of our crypto activities already a super powerful tool with Swidging and chain abstraction powered by @NEARProtocol the current offerings offer a smooth product 1) perps. but look. ITS COMINGGGGG. This is absolutely going to level infinex up in more ways than one. Revenues, usage, offerings, etc With one roadblock out of the way the last one for it to truly take over as a universal wallet is 2) connecting to any website/dapp just like phant0m or metam@sk once these two things are added in, ggs
11.24K
191
Dr.OVG
Dr.OVG
A truly impressive innovation! 🌐 significantly improves cross-chain interaction, both technically and in terms of user experience. The ability to transfer assets without using a bridge, without even changing the wallet address, is a user-friendly revolution. Anoma made it happen Believe in Anoma
713
0

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Near Protocol FAQ

Near Protocol is a cutting-edge Layer 1 blockchain platform, known for its scalability and rapid transactions, courtesy of its sharding mechanism.

Near Protocol incorporates sharding, a technique that divides the network into smaller segments (or shards), thereby optimizing transaction speeds and overall network performance.

Easily buy NEAR tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include NEAR/BTC, NEAR/USDC and NEAR/USDT.

You can also buy NEAR with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Additionally, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for NEAR with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into NEAR, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Near Protocol is worth $2.8890. For answers and insight into Near Protocol's price action, you're in the right place. Explore the latest Near Protocol charts and trade responsibly with OKX.
Cryptocurrencies, such as Near Protocol, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Near Protocol have been created as well.
Check out our Near Protocol price prediction page to forecast future prices and determine your price targets.

Dive deeper into Near Protocol

In 2020, the decentralized finance (DeFi) sector saw significant growth, leading to a surge of decentralized applications (dApps) on the Ethereum network. This surge underscored some of Ethereum's scalability challenges, pointing to the necessity for a more robust solution. Responding to this need, Near Protocol emerged as a community-oriented cloud computing platform aiming to mitigate these constraints.

What is Near Protocol 

NEAR is a community-driven cloud computing platform that adopts the Proof of Stake (PoS) consensus mechanism. With its user-friendly interface and smart contract capabilities, NEAR seeks to empower developers to effortlessly design and deploy innovative dApps and DeFi solutions. Furthermore, its unique design allows users to engage with dApps and smart contracts without requiring a wallet.

The Near Protocol team

Erik Trautman, an entrepreneur boasting Wall Street experience and founder of Viking Education, pioneered NEAR. Alongside him are co-founders Illia Polusukhin, a former Google employee, and Alexander Skidanov, an ex-Microsoft staffer. Under their leadership, NEAR has amassed a skilled cohort of developers, featuring International Collegiate Programming Contest gold medalists.

How does Near Protocol work

Utilizing sharding technology, NEAR improves transaction speed and volume. By distributing its computational load across multiple shards, each node runs only the relevant code for its assigned shard, optimizing scalability. NEAR's Blockchain Operating System (BOS), grounded in JavaScript, ensures developers can use a familiar programming language. The platform provides ready-made components, facilitating quicker product development. Moreover, users can swiftly access the system without needing to own or use cryptocurrency.

NEAR tokenomics

NEAR's native token, NEAR, was launched on October 13, 2020, with a total supply of 1 billion tokens. The token offers several use cases, from paying transaction gas fees to staking for rewards. Additionally, it plays a role in governance, data storage, and access to services and applications on the Near Protocol.

NEAR distribution

NEAR was distributed in the following way:

  • 17.2 percent: Community grants and programs
  • 15.23 percent: Seed round
  • 14 percent: Core contributors
  • 11.76 percent: Early ecosystem development
  • 11.4 percent: Operation grants
  • 12 percent: Community sales
  • 10 percent: Foundation
  • 8.41 percent: Venture round

Near Protocol: The road ahead

Created for robustness and efficiency, NEAR offers a platform free from intermediaries, permitting users to independently publish and host applications. This commitment to progress is reflected in their Q3 2023 announcement, heralding phase 2 of sharding to enhance the sharding process and improve scalability.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Market cap
$3.60B #30
Circulating supply
1.24B / 1.26B
All-time high
$20.6000
24h volume
$277.10M
4.0 / 5
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