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TürkçeNEAR Protocol Information
NEAR Protocol is a blockchain platform known for its innovative sharding technology, which enhances scalability and efficiency, making it a strong contender in the decentralized application space. Its focus on developer and user-friendly features, such as easy-to-use interfaces and interoperability solutions, helps bridge the gap between blockchain technology and mass adoption. The platform's commitment to sustainability through its proof-of-stake consensus mechanism also positions it as an eco-friendly alternative in the burgeoning world of cryptocurrencies.
Understanding NEAR Protocol: A Look Beyond the Hype
NEAR Protocol is gaining traction in the cryptocurrency landscape as it aims to overcome some of the scalability and usability issues that plague many of its predecessors. Since its inception, NEAR has positioned itself as a next-generation blockchain platform designed to provide decentralized applications and to enhance interoperability between networks.
The Genesis of NEAR Protocol
The NEAR Protocol was founded in 2018 by Alexander Skidanov and Illia Polosukhin. This ambitious project quickly garnered attention due to its innovative approach to solving the problem of blockchain scalability while minimizing the resource costs commonly associated with other platforms. NEAR utilizes a unique consensus mechanism called "Nightshade," which enables sharding to ensure high throughput without compromising decentralization.
Advantages of NEAR Protocol
One of the prominent advantages of NEAR Protocol is its focus on usability. The platform offers a simple development environment and seamless experience for developers, particularly those unfamiliar with blockchain technology. NEAR boasts an easy-to-navigate interface for building decentralized applications (DApps), reducing the barriers to entry for aspiring blockchain developers.
Additionally, NEAR Protocol is known for its robust scalability. Thanks to Nightshade and its sharding capabilities, NEAR can handle a large number of transactions simultaneously, positioning it strongly against competitors like Ethereum that often face congestion issues.
Challenges and Criticisms
Despite its promising technology, NEAR Protocol faces several challenges. First and foremost, there's the competition with more established platforms like Ethereum and newer blockchains like Solana. NEAR must continue to innovate and prove its capabilities to capture a larger market share.
Another issue is the incorporation and adaptation of developers and users. While NEAR provides a user-centric interface, convincing a broader audience to switch from more popular platforms will require consistent marketing and evidence of technical superiority.
Past Performance and Market Dynamics
NEAR Protocol experienced significant market fluctuations since its launch. After reaching an all-time high of $20.44 on January 16, 2022, the price has seen a considerable decline, currently standing at approximately $4.65. This indicates a 77% drop from its peak, reflecting broader market trends where cryptocurrencies often witness volatility.
Nonetheless, NEAR has achieved a noteworthy market cap of roughly $5.66 billion, with a circulating supply of over 1.21 billion coins. These metrics demonstrate a degree of resilience and continued investor interest despite the market's ups and downs.
Future Prospects for NEAR Protocol
The future for NEAR Protocol holds potential, particularly as the demand for scalable and efficient blockchain solutions rises. Its focus on user experience and development ease, coupled with proactive ecosystem growth, positions NEAR as a formidable contender in the crypto space. The key to NEAR’s future success lies in ongoing technological advancements, partnerships, and capturing the interest of developers and enterprises alike.
In the increasingly competitive cryptocurrency arena, NEAR’s ability to adapt and expand its ecosystem will determine whether it can sustain its growth and possibly regain its historic highs. As the blockchain landscape evolves, keeping an eye on NEAR Protocol’s developments will be essential for investors and crypto enthusiasts.
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from price
$5
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General Information |
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Title
NEAR Protocol
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Symbol
near
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Whitepaper
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Website
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Community
-
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Last Updated
2025-01-21 23:53
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Price Data |
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Current Price $
5.24
$
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High 24h
5.33
$
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Low 24h
4.89
$
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Price Change 24h
0.162476
$
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Price Change % 24h
3.19914
%
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Market Data |
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Market Cap
6163183773
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Total Volume
379408184
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Market Cap Change 24h
126285690
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Market Cap Change % 24h
2.0919
%
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Return on Investment (ROI)
-
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Supply and Availability |
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Circulating Supply
1176256543
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Total Supply
1231455328
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Max Supply
-
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Historical Data |
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All Time High (ATH)
20.44
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ATH Change %
-74.36416
%
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ATH Date
2022-01-16 22:09
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All Time Low (ATL)
0.526762
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ATL Change %
894.65777
%
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ATL Date
2020-11-04 16:09
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