About NEAR Protocol
NEAR Protocol is a highly scalable, developer-friendly blockchain designed for decentralized applications (dApps). Its native token, NEAR, facilitates network transactions, staking, and governance.
Current Market Trends
- Price Drop: ↘6% (24h) | ↘3% (last 5 hours)
- Underperformance: ↘7% weekly vs. SOL’s ↗1% gain
- Trading Volume: ↘32% today
Key Features
- Sharding Technology: Enables parallel processing for scalability.
- Chain Abstraction: Simplifies cross-chain interactions.
- AI Integration: Supports user-owned AI agents via NEAR AI tools.
Market Data
| Metric | Value | Change |
|--------------|--------------|-------------|
| Current Price | €1.77 | ↘2.47% (24h) |
| All-Time High | €17.27 | -90% |
| Market Cap | €2.16B | |
Price History
| Timeframe | Price | Change |
|-----------|---------|-----------|
| 1 Week | €1.89 | ↘5.70% |
| 1 Month | €2.12 | ↘14.03% |
| 1 Year | €4.66 | ↘58.74% |
FAQ
What makes NEAR Protocol unique?
NEAR combines sharding for scalability with chain abstraction for seamless cross-chain operations. Its AI-native platform supports decentralized agents and intents-based transactions.
Who founded NEAR Protocol?
Illia Polosukhin (ex-Google ML researcher) and Alexander Skidanov (ex-Microsoft engineer) launched NEAR in 2018.
How does NEAR’s market cap compare?
Ranked #12 on Coinbase, NEAR’s €2.16B market cap places it alongside assets like Aptos and Internet Computer.
Recent News
- Apr 2025: Bitwise filed for a spot NEAR ETF (Source↗).
- Feb 2025: Launched a $20M AI Agent Fund to boost decentralized AI development.
Key Takeaways
- Use Case: Ideal for AI-driven dApps and cross-chain solutions.
- Investor Sentiment: 95% of Coinbase users are net buyers.
- Future Potential: Partnerships (e.g., Grupo Nutresa) aim to expand Web3 adoption.
Disclaimer: Prices and data are dynamic. Conduct independent research before investing.