NEAR Protocol Price (NEAR)
NEAR Protocol Chart
Please wait, we are loading chart data
NEAR Price Live Data
The live NEAR Protocol price today is $2.28 USD with a 24-hour trading volume of $59,654,051 USD. NEAR Protocol is up 3.11% in the last 24 hours. The current CoinMarketCap ranking is #56, with a live market cap of $935,235,727 USD. It has a circulating supply of 410,398,549 NEAR coins and a max. supply of 1,000,000,000 NEAR coins.
If you would like to know where to buy NEAR Protocol, the top exchanges for trading in NEAR Protocol are currently Binance, OKEx, Huobi Global, CoinTiger, and FTX. You can find others listed on our crypto exchanges page.
What Is Near Protocol (NEAR)?
NEAR Protocol is a decentralized application platform designed to make apps usable on the web. The network runs on a Proof-of-Stake (PoS) consensus mechanism called Nightshade, which aims to offer scalability and stable fees.
NEAR is the native utility token that is used for:
- Fees for processing transactions and storing data.
- Running validator nodes on the network via staking NEAR tokens.
- Used for governance votes to determine how network resources are allocated.
NEAR tools include:
- NEAR SDKs which includes standard data structures and testing tools for Rust and AssemblyScript.
- Gitpod for NEAR to create a zero time onboarding experience for developers.
- NEAR Wallet that lets application developers create streamlined user experiences.
- NEAR Explorer to aid with both debugging of contracts and the understanding of network performance.
- NEAR Command Line Tools to allow developers to deploy applications from local environments.
How Many NEAR Coins Are There in Circulation?
NEAR Protocol launched its mainnet on April 22, 2020 with 1 billion NEAR tokens created at genesis. 5% of additional supply is issued each year to support the network as epoch rewards, of which 90% goes to validators (4.5% total) and 10% to the protocol treasury (0.5% total). 30% of transaction fees are paid out as rebates to contracts which interact with a transaction, while the remaining 70% are burned.
Who Are the Founders of NEAR Protocol?
NEAR Protocol is the brainchild of developers Alex Skidanov and Illia Polosukhin, both of whom have extensive experience in programming.
The two met while Skidanov worked at U.S. startup accelerator Y Combinator, and in July 2018 began work on a project which focused on allowing developers to build and release software with less friction.
This project became what is now the NEAR Protocol, and employs more than 40 staff, including developers with experience at Google and MemSQL.
According to NEAR Protocol’s official website, many of the developers hold prizes and nominations from competitions in coding and related fields, notably the International Collegiate Programming Contest (ICPC).
Skidanov himself worked at both MemSQL and Microsoft, while Polosukhin contributed to end-to-end open source machine learning platform TensorFlow and Google Search.
Where Can I Buy NEAR Protocol (NEAR)?
NEAR is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.
NEAR Price Statistics
|NEAR Protocol Price||$2.28|
|24h Low / 24h High|
|Volume / Market Cap||0.06379|
|Fully Diluted Market Cap||$2,278,847,548.44|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighMar 13, 2021 (3 months ago)
All Time LowNov 04, 2020 (8 months ago)
|NEAR Protocol ROI|
|Circulating Supply||410,398,549 NEAR|
|Total Supply||1,000,000,000 NEAR|
|Max Supply||1,000,000,000 NEAR|