Swap NEAR Protocol (NEAR) Instantly

NEAR Protocol reached its historic maximum price $20.42 on January 16, 2022. $0.526 is its all-time low, observed on November 4, 2020. As of December 2022, it is 92% down from the ATH and 228% up from the all-time low.The outlook on NEAR Protocol in the future is bullish, despite the price movements in 2022. In 2023, the NEAR price forecast is $4.83 maximum. By 2025, NEAR is expected to reach $8.28 US dollars. A 2030 price prediction for NEAR Protocol gives a target at $16.90.

NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”