NEAR
NEAR

Near Protocol price

$2.7320
-$0.03800
(-1.38%)
Price change for the last 24 hours
USDUSD
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Near Protocol market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$3.33B
Circulating supply
1,217,632,140 NEAR
97.32% of
1,251,110,299 NEAR
Market cap ranking
27
Audits
CertiK
Last audit: Jun 1, 2020
24h high
$2.8880
24h low
$2.6760
All-time high
$20.6000
-86.74% (-$17.8680)
Last updated: Jan 15, 2022
All-time low
$0.85000
+221.41% (+$1.8820)
Last updated: Dec 3, 2020

Near Protocol Feed

The following content is sourced from .
Crypto Rand
Crypto Rand
#Solana continues to lead in daily active addresses - 5.4 million (1.7x more than #Near with 3.2 million)
16.5K
118
Justin Bons
Justin Bons
ETH's pivot back to L1 scaling is all talk; there are ZERO planned CAPACITY increases! There are only endless debates in ivory towers while SPEED is ignored Competitors like SOL, SUI & NEAR have 100x the CAPACITY & 20x the SPEED of ETH NOW ETH is still wildly uncompetitive! 🧵 We are now expected to wait 5+ years for the Beam upgrade to increase ETH's SPEED 3x... While there are no guarantees of future capacity increases... There is narrative & there is reality, the competitive reality of ETH is incredibly grim! Despite ETH pumping hard after its "pivot" back to L1 scaling, ETH talks the talk, but it does not walk the walk: Talk is Cheap The narrative shift is certainly a positive development. However, it was not accompanied by a shift in the developmental focus; the roadmap remains the same! We must applaud @dankrad's proposal to increase CAPACITY 5x by 2026. That would put ETH back in the competition in terms of CAPACITY, even if not in SPEED. Unfortunately, this proposal is unlikely to succeed based on the pushback it has received. RISC-V, a particularly "expensive" & high-risk upgrade that will take many years to implement, does not directly scale the L1 so much as to justify its developmental cost. The primary motivation for adopting RISC-V is to bring down the cost of zero-knowledge computation. Something that could hypothetically be used for L1 scaling with pie-in-the-sky dreams of a ZkEVM. However, this will far more likely benefit ETH's L2 ecosystem, because of the entrenched interests: Perverse Incentives The "L2 scaling" roadmap has been a catastrophe; refusing to scale the L1 in favour of L2 only pushed users out to competitors. Including all of the major L2's, which can all censor & steal user funds... A parasitical relationship, as the L2's exert lobbying pressure on the L1 to never scale, while taking the majority of the fees for themselves, killing the host & enriching the L2's owners over the short term. If the L1 were to really scale, it would put all of the major L2's out of business overnight. We are talking about billions of dollars in L2 tokens & equity here, held both by VCs & some of ETH's major decision makers... A clear conflict of interest that arises from systemic flaws in governance design, as the same happened to BTC during the historic block size wars. Read "Hijacking Bitcoin" to learn more about that critical chapter in crypto's history. The solution to these problems lies in stakeholder governance, something both ETH & BTC have totally refused, as that would obviously disempower the people who are in charge now... Shifting Responsibility Validators can change the gas limit within certain limits. However, considering this is one of the only examples of on-chain governance in ETH, which has otherwise completely rejected the concept. While very little effort has been put into the coordination mechanisms to even make this viable: Practically, it is not working & serves as a convenient scapegoat, allowing the core developers to shift the blame for not scaling the L1! In reality, enabling any type of on-chain governance mechanism requires serious infrastructure & backing. This has not happened with this particular mechanism, which is what makes it so unreliable. The most significant evidence of this is still @dankrad's proposal, since if it passes, we will get a CAPACITY increase, possibly even overnight! Proofing where the power truly lies & that shifting this responsibility is only an attempt at misdirection. Pectra Actions speak louder than words; the most recent upgrade (May 7th) doubled the blob size for L2s while not increasing L1 capacity at all! If they were at all serious about L1 scaling, they would have shipped the upgrade with more CAPACITY. That clearly did not happen, exposing where their true priorities lie... ETH has been at capacity for years now. That they can so casually wait another 6 months, which is an eternity in crypto, before maybe increasing CAPACITY. Reveals a lot about their anti-competitive attitude. Typical of the culture that is now too prevalent within ETH development culture. We have witnessed a massive narrative shift with no actual substance; even a token increase in gas limit would have sent a far more positive message to people like us who track the fundamentals over the hype. However, that clearly did not happen... Conclusion The cutting edge now involves sub-second finality with capacity exceeding 20K TPS, or even 100K TPS in some cases! ETH is now nowhere near these numbers, not even in their most ambitious multi-year roadmaps. ETH is shifting its narrative to one based on utility, value & cypherpunk values to one based on false narratives alone, much like BTC. A move that comes from a deep insecurity & desperation. To remain relevant in the face of unbeatable market competition. In theory, ETH can upgrade & compete directly with the best blockchains out there. In practice, the political analysis exposes that it will not happen, due to a highly dysfunctional form of governance that is likely already far too captured by L2 interests for any meaningful change. Besides the empty promises of another failed blockchain experiment. We can take solace that the revolution continues, in all of BTC's & ETH's children, who refuse to play pretend & scale. While implementing the governance mechanisms that will prevent this cycle from recurring. Let's be thankful for the progression, as BTC brought us decentralization, ETH brought us decentralized programmability & the next generation allows us to scale all of it, while preserving decentralization! Completing the technological puzzle for mass adoption. So, leave ETH behind & instead support cryptocurrencies that do move us forward towards that bright & beautiful future NOW. 🔥
6.13K
0
Justin Bons
Justin Bons
ETH's pivot back to L1 scaling is all talk; there are ZERO planned CAPACITY increases! There are only endless debates in ivory towers while SPEED is ignored Competitors like SOL, SUI & NEAR have 100x the CAPACITY & 20x the SPEED of ETH now ETH is still wildly uncompetitive! 🧵 We are now expected to wait 5+ years for the Beam upgrade to increase ETH's SPEED 3x... While there are no guarantees of future capacity increases. Despite ETH pumping hard after its "pivot" back to L1 scaling. ETH talks the talk, but it does not walk the walk: Talk is Cheap The narrative shift is certainly a positive development. However, it was not accompanied by a shift in the developmental focus; the roadmap remains the same! We must applaud @dankrad's proposal to increase CAPACITY 5x by 2026. That would put ETH back in the competition in terms of CAPACITY, even if not in SPEED. Unfortunately, this proposal is unlikely to succeed based on the pushback it has received. RISC-V, a particularly "expensive" & high-risk upgrade that will take many years to implement, does not directly scale the L1 so much as to justify its developmental cost. The primary motivation for adopting RISC-V is to bring down the cost of zero-knowledge computation. Something that could hypothetically be used for L1 scaling with pie-in-the-sky dreams of a ZkEVM. However, this will far more likely benefit ETH's L2 ecosystem, because of the entrenched interests: Perverse Incentives The "L2 scaling" roadmap has been a catastrophe; refusing to scale the L1 in favour of L2 only pushed users out to competitors. Including all of the major L2's, which can all censor & steal user funds... A parasitical relationship, as the L2's exert lobbying pressure on the L1 to never scale, while taking the majority of the fees for themselves, killing the host & enriching the L2's owners over the short term. If the L1 were to really scale, it would put all of the major L2's out of business overnight. We are talking about billions of dollars in L2 tokens & equity here, held both by VCs & some of ETH's major decision makers... A clear conflict of interest that arises from systemic flaws in governance design, as the same happened to BTC during the historic block size wars. Read "Hijacking Bitcoin" to learn more about that critical chapter in crypto's history. The solution to these problems lies in stakeholder governance, something both ETH & BTC have totally refused, as that would obviously disempower the people who are in charge now... Shifting Responsibility Validators can change the gas limit within certain limits. However, considering this is one of the only examples of on-chain governance in ETH, which has otherwise completely rejected the concept. While very little effort has been put into the coordination mechanisms to even make this viable: Practically, it is not working & serves as a convenient scapegoat, allowing the core developers to shift the blame for not scaling the L1! In reality, enabling any type of on-chain governance mechanism requires serious infrastructure & backing. This has not happened with this particular mechanism, which is what makes it so unreliable. The most significant evidence of this is still @dankrad's proposal, since if it passes, we will get a CAPACITY increase, possibly even overnight! Proofing where the power truly lies & that shifting this responsibility is only an attempt at misdirection. Pectra Actions speak louder than words; the most recent upgrade (May 7th) doubled the blob size for L2s while not increasing L1 capacity at all! If they were at all serious about L1 scaling, they would have shipped the upgrade with more CAPACITY. That clearly did not happen, exposing where their true priorities lie... ETH has been at capacity for years now. That they can so casually wait another 6 months, which is an eternity in crypto, before maybe increasing CAPACITY. Reveals a lot about their anti-competitive attitude. Typical of the culture that is now too prevalent within ETH development culture. We have witnessed a massive narrative shift with no actual substance; even a token increase in gas limit would have sent a far more positive message to people like us who track the fundamentals over the hype. However, that clearly did not happen... Conclusion The cutting edge now involves sub-second finality with capacity exceeding 20K TPS, or even 100K TPS in some cases! ETH is now nowhere near these numbers, not even in their most ambitious multi-year roadmaps. ETH is shifting its narrative to one based on utility, value & cypherpunk values to one based on false narratives alone, much like BTC. A move that comes from a deep insecurity & desperation. To remain relevant in the face of unbeatable market competition. In theory, ETH can upgrade & compete directly with the best blockchains out there. In practice, the political analysis exposes that it will not happen, due to a highly dysfunctional form of governance that is likely already far too captured by L2 interests for any meaningful change. Besides the empty promises of another failed blockchain experiment. We can take solace that the revolution continues, in all of BTC's & ETH's children, who refuse to play pretend & scale. While implementing the governance mechanisms that will prevent this cycle from recurring. Let's be thankful for the progression, as BTC brought us decentralization, ETH brought us decentralized programmability & the next generation allows us to scale all of it, while preserving decentralization! Completing the technological puzzle for mass adoption. So, leave ETH behind & instead support cryptocurrencies that do move us forward towards that bright & beautiful future. 🔥
10.01K
2
David Mirzadeh📍
David Mirzadeh📍
Long NEAR
NEAR Protocol
NEAR Protocol
If you are: Long AI. Long Open-Source. Long User-Ownership of Assets and Data. You are also long NEAR.
1.98K
7
David Mirzadeh📍
David Mirzadeh📍
Long $NEAR
NEAR Protocol
NEAR Protocol
If you are: Long AI. Long Open-Source. Long User-Ownership of Assets and Data. You are also long NEAR.
1.79K
0

NEAR calculator

USDUSD
NEARNEAR

Near Protocol price performance in USD

The current price of Near Protocol is $2.7320. Over the last 24 hours, Near Protocol has decreased by -1.37%. It currently has a circulating supply of 1,217,632,140 NEAR and a maximum supply of 1,251,110,299 NEAR, giving it a fully diluted market cap of $3.33B. At present, the Near Protocol coin holds the 27 position in market cap rankings. The Near Protocol/USD price is updated in real-time.
Today
-$0.03800
-1.38%
7 days
-$0.49100
-15.24%
30 days
+$0.50900
+22.89%
3 months
-$0.42700
-13.52%

About Near Protocol (NEAR)

4.0/5
CyberScope
4.4
04/16/2025
TokenInsight
3.5
11/21/2024
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. 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, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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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.

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Near Protocol FAQ

What is Near Protocol?

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

How does Near Protocol ensure scalability in its platform?

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

Where can I buy NEAR tokens?

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.

How much is 1 Near Protocol worth today?
Currently, one Near Protocol is worth $2.7320. 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.
What is cryptocurrency?
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.
When was cryptocurrency invented?
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.
Will the price of Near Protocol go up today?
Check out our Near Protocol price prediction page to forecast future prices and determine your price targets.

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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.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

NEAR calculator

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Start your crypto journey
Start your crypto journey
Faster, better, stronger than your average crypto exchange.