NEAR ProtocolNEAR

Live NEAR Protocol price updates and the latest NEAR Protocol news.

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about NEAR Protocol

What is NEAR Protocol?

NEAR is a decentralized development platform that uses a Proof-of-Stake (PoS) consensus mechanism and will eventually feature a sharded architecture to scale transaction throughput. Its block generation scheme is called Doomslug and its proposed sharding design is dubbed Nightshade. These technologies will work together to scale the network and minimize congestion. NEAR has also been designed to be developer and user-friendly as it features a few key innovations to accelerate the application development and user-onboarding processes. The NEAR blockchain was created and developed by the NEAR Foundation. Its mainnet went live in April 2020, and network validators voted to unlock token transfers in October 2020. NEAR's bridge to Ethereum (called the Rainbow Bridge) launched in March 2021.

NEAR Protocol Stats

What is the market cap of NEAR Protocol?

The current market cap of NEAR Protocol is $2.32B. A high market capitalization implies that the asset is highly valued by the market.

What is the current trading activity of NEAR Protocol?

Currently, 129.75M of NEAR were traded within 24 hours of time. In other words, $234.85M have changed hands within the past 24 hours through trading. That's a change of -0.25%.

What is the current price of NEAR Protocol?

The price of 1 NEAR Protocol currently costs $1.81.

How many NEAR Protocol are there?

The current circulating supply of NEAR Protocol is 1.28B. This is the total amount of NEAR that is available.

What is the relative popularity of NEAR Protocol?

NEAR Protocol (NEAR) currently ranks 46 among all known cryptocurrency assets. The popularity is based on relative market cap.

market data

Market Cap

$ 2.32B

-0.25 %

Market Cap Rank

#46

24H Volume

$ 234.85M

Circulating Supply

1,300,000,000

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recent research

Research

Sui: Differentiated Architecture Enabling Emerging Catalysts

Sui is a technically differentiated smart contract platform where an object centric architecture and full stack infrastructure are redefining what a monolithic L1 can support. Its design targets high throughput, low latency execution for fully onchain CLOBs, BTCfi, and new TAMs in gaming, robotics, and agentic AI, while keeping liquidity and composability on a single base layer. BTCfi rails via Ika and upcoming Hashi, plus native stablecoin plans with Ethena, BlackRock, and Bridge, aim to turn Sui into a BTC and stablecoin hub. DeFi primitives such as DeepBook, Bluefin, Momentum, and emerging perp venues are building on this stack to deepen leverage, liquidity, and institutional access. We see SUI as a high risk, venture style bet where team quality, architecture, and roadmap give it a credible shot at becoming a higher value execution and settlement layer if real usage scales.

by Sam Schubert

Research

Hylo: Solana’s New Stablecoin Primitive

Hylo (still pre-TGE) is a novel protocol on Solana, combining financial engineering with a fully onchain collateral model that channels SOL’s staking yield into an attractive, yield-bearing stablecoin. Despite a lean four-person team, Hylo has demonstrated strong execution, growing to almost $100M in TVL in a relatively short period. Given the ongoing points program, deploying hyUSD and sHYUSD across Solana DeFi protocols offers attractive yields and potential upside from an eventual airdrop or ICO allocation, which can improve the risk/reward for investors who are comfortable with the protocol’s design.

by Carlos Gonzalez Campo