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Near is a smart contract blockchain platform, which competes with Ethereum 2.0 and is designed to be compatible with many of its features (including existing tokens and solidity contracts). According to its website, you can use Near to create a decentralised application in 5 minutes. As a NEAR token holder you can use applications on NEAR, participate in network governance and earn token rewards. There are two major groups who use the NEAR token: users who are using apps built on the NEAR platform and token holders who lend their tokens to a validating pool in exchange for returns. NEAR tokens were launched in August 2020 via an initial coin offering (ICO) which raised US$10 million at $0.40 per coin.
NEAR Protocol (NEAR) is the 26th largest cryptocurrency in the world by market cap, valued at $2,464,180,657. The current price of NEAR Protocol is $3.39, which is 1.839% higher than yesterday. Prices have ranged between $3.42 and $3.15 over the past 24 hours. All prices are listed in US dollars and accurate as of July 01, 2022 01:07 UTC.
| Coin symbol | NEAR |
|---|---|
| Coin Marketcap | US$2,464,180,657 |
| Total NEAR supply | 1,000,000,000 |
| Circulating NEAR | 723,886,359 |
| Current price | US$3.39 |
| All time high | US$20.44 |
| All time high date | January 16, 2022 |
| Notable team members | Alexander Skidanov, Illia Polosukhin |
| Partnerships | The Graph |
| Industry | Blockchain platform |
| Token uses | Utility token |
| Network | NEAR |
Historical prices compared with the price of US$3.39.
| 1 hour | 1.18% |
|---|---|
| 24 hours | 1.84% |
| 7 days | -4.82% |
| 14 days | 6.10% |
| 30 days | -43.01% |
|---|---|
| 60 days | -71.41% |
| 200 days | -67.97% |
| 1 year | 62.20% |
Disclaimer: Cryptocurrencies, including NEAR Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of NEAR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the NEAR Protocol or any other cryptocurrency discussed.
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