Near Protocol
NEAR
5.46
24h
24h:
-2.77%
7d:
+2.42%
30d:
+13.62%
Market Cap
6.64B
24h:
-2.9%
Volume
715.08M
Circulating Supply
1.22B NEAR
Total Supply
1.22B NEAR
Near Protocol, a layer 1 blockchain, offers a platform for crafting decentralized applications (dapps), emerging as a contender to Ethereum—the foremost layer 1 blockchain. Central to layer 1 networks like Near are transaction costs, speed, and scalability. Addressing Ethereum's recent cost and speed challenges, Near stands out as faster and more cost-effective. Notably, once fully deployed, Near aims to handle approximately 100,000 transactions per second (TPS).
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