What is NEAR Protocol?

NEAR Protocol (NEAR) is a Layer-1 blockchain network currently ranked 32nd by market capitalization across all crypto assets we track. As a Layer-1 network, NEAR provides settlement, consensus, and computation for a wider ecosystem of applications. The token plays a dual role: paying for transaction fees, and acting as the economic incentive securing the network.

Market position

At the current price of $2.03, NEAR Protocol carries a market capitalization of $2.54B. Daily trading volume across exchanges sits at roughly $439.31M. That works out to a 24-hour turnover of about 17.28% of the float — elevated turnover, often a signal of active narrative-driven trading.

Price action across timeframes

Over the past 24 hours, NEAR Protocol has moved -3.61%; over the past week, NEAR Protocol has moved -28.45%; over the past 30 days, NEAR Protocol has moved +104.08%; over the past year, NEAR Protocol has moved +3.91%.

Cycle position

NEAR Protocol is currently trading far below its all-time high (all-time high of $20.40, -90.0% from peak). . From its all-time low of $0.8426, current pricing represents a +141% recovery.

Supply & dilution

The circulating supply stands at 1,235,905,347 NEAR. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts NEAR Protocol in the Extreme-volatility bucket. The asset is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely. Over the past 30 days, the 30-day move totals +104.08%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate NEAR Protocol

A balanced read on NEAR typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is NEAR performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Near Protocol (NEAR) is a scalable, developer-friendly blockchain platform designed to provide high-performance decentralized applications and smart contracts. It utilizes a unique sharding technology to optimize throughput and user experience. Source: CoinPaprika.com