Near Protocol price

in USD
$2.965
-- (--)
USD
Market cap
$3.71B #28
Circulating supply
1.25B / 1.27B
All-time high
$20.6
24h volume
$361.41M
4.0 / 5
NEARNEAR
USDUSD

About Near Protocol

NEAR Protocol (ticker: NEAR) is a cryptocurrency designed to power the NEAR blockchain ecosystem, which focuses on scalability, user-friendliness, and enabling decentralized applications (dApps). It is built on a cutting-edge technology called sharding, which dynamically splits the network to handle high transaction volumes efficiently. This makes NEAR fast, cost-effective, and environmentally friendly. NEAR is used for transaction fees, staking to secure the network, and governance participation, allowing holders to vote on network upgrades. Its ecosystem supports AI integration, cross-chain liquidity, and decentralized finance (DeFi) innovations, positioning NEAR as a versatile tool for developers and users. With its focus on accessibility and scalability, NEAR is paving the way for a decentralized future.
AI insights
Layer 1
CertiK
Last audit: 1 June 2020, (UTC+8)

Near Protocol’s price performance

Past year
-43.42%
$5.24
3 months
+30.90%
$2.27
30 days
+19.65%
$2.48
7 days
+14.39%
$2.59
62%
Buying
Updated hourly.
More people are buying NEAR than selling on OKX

Near Protocol on socials

Lucian Mincu
Lucian Mincu
different view of the state of ecosystems
Chainspect
Chainspect
👨‍💻 Most Active Blockchains by Developer Activity Chainspect tracks the dev pulse across the entire market to reveal which ecosystems are truly building the future of Web3 Here are the 25 most active networks by total developer count 📊 Track it live →
Financelot
Financelot
Top Gainers for October 7th
Financelot
Financelot
Top Gainers for October 6th *Big move in $AMD today and crypto & metals miners.
Kristian Diary
Kristian Diary
🔥 Big post about HOT Wallet by @hotdao_ 🔥 I’ll share my personal experience using it, why I chose this wallet in particular, and what unique features make it so convenient. 1️⃣ Network Support 🌐 Even though HOT Wallet started as a NEAR-only wallet, it has now become a fully multichain wallet supporting EVM, NEAR, TRX, SOL, TON, and many other networks. It’s super convenient to have everything in one place — and this wallet makes that possible. Now, Phantom, Metamask, Tonkeeper, and other wallets can be replaced with just one. It’s your Swiss knife — 30 tools in 1. 🔪💼 2️⃣ Token Management & Bridges 🌉 Having everything in one wallet is great, but what’s even better is the ability to move assets between chains. And that’s one of the wallet’s key features — bridges. The team integrated @near_intents, which allows you to transfer assets between different blockchains. While NEAR Intents currently supports a limited set of tokens, HOT Wallet also integrates other bridges, giving users the flexibility to move and use their assets across any supported chain. 💫 3️⃣ Omni Balance ⚖️ Think of it like an exchange: you have 100 USDT on the exchange, and when you withdraw, you can choose which network to send it through. Omni Balance works in a similar way — for example, you have 1000 USDT in your Omni balance, and you want to withdraw 100 USDT on NEAR, 200 USDT on EVM, and 300 USDT on SOL. 🔁 That would be super convenient — and cheaper, since it skips bridges, reducing fees. Right now, this feature isn’t 100% ready; we can only see Omni balances for tokens collected through FireDrop, but it’s the next logical and exciting step — one I’d really love to see implemented. 👀 4️⃣ EARN 💰 This is a dedicated section — an aggregator that allows you to stake your assets and earn yield. Here you can also find rNEAR and USDT/USDC staking opportunities from @rhea_finance. In this case, HOT Wallet acts as a cross-chain yield aggregator, offering staking options across several blockchains. Convenient 🤝 5️⃣ Swap ♻️ A must-have feature for any wallet — but here it’s done with extra care. When you want to swap one asset for another (say, NEAR to USDC), HOT Wallet searches all possible routes and finds the most efficient path. For example, on NEAR, it might be more profitable to swap via NEAR Intents sometimes, and other times via RHEA Finance. HOT automatically picks the best route — so you don’t lose money but actually earn more, even on basic actions like swapping. 🔥 6️⃣ Multiplatform 💻📱 This one’s simple but important: you can use HOT Wallet on Google Chrome (and similar browsers), Telegram, iOS, and Android. The only thing missing is a web version (which, I assume, is for security reasons — since the $HOT token is still being farmed; perhaps after listing we’ll see it added). And I pray we’ll someday get a Safari extension 🙏🙏🙏 7️⃣ Other Perks 🚀 Beyond being a wallet, HOT also offers $HOT token farming, airdrops across multiple chains, awesome events, and earning opportunities. They’ve recently added Ledger support too! Personally, one of my favorite features is the bridge to the TON network, since I use a local service to convert funds to fiat — and USDT on TON is currently the best option for that. Honestly, you won’t find a wallet better than this.💯 Considering the team’s experience and how fast they ship new features (trust me, I know), no other project comes close to their speed of development and improvement.⚡ 💡 Store your money safely. Use it wisely. Use HOT Wallet. 🔥

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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 $2.965. 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
$3.71B #28
Circulating supply
1.25B / 1.27B
All-time high
$20.6
24h volume
$361.41M
4.0 / 5
NEARNEAR
USDUSD
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