What is NEAR Protocol?

NEAR Protocol (NEAR) is a Layer-1 blockchain network currently ranked 35th 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 $1.75, NEAR Protocol carries a market capitalization of $2.19B. Daily trading volume across exchanges sits at roughly $329.42M. That works out to a 24-hour turnover of about 15.07% 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 ++3.43%; over the past week, NEAR Protocol has moved ++11.18%; over the past 30 days, NEAR Protocol has moved ++26.35%; over the past year, NEAR Protocol has moved -38.94%. The trend reads as broadly constructive across timeframes — short-, mid-, and long-term momentum align positively.

Cycle position

NEAR Protocol is currently trading far below its all-time high (all-time high of $20.40, -91.4% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $0.8426, current pricing represents a +108% 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 Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals +26.35%, 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.