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Check the Latest Price of Near Protocol in India Today on BuyUcoin

Near Protocol Price NEAR-INR

₹ 226.053

Current Price

Near Protocol Price Chart in INR

  • Day
  • Week
  • Month

Last Price ▾ -7.75%

₹ 226.053

24h High

₹ 207.04 

24h Low

₹ 185.33

24h Vol

₹ 17443428354

1 NEAR to INR

Instant Buy

Current Price of 1 NEAR = 600,000 INR
For 100 INR you will get = 0.00045 NEAR

Near Protocol Price History in INR

  • Day
  • Week
  • Month
Time Price in INR Change in %
31-01-2023 ₹ 207.781 0.00%
30-01-2023 ₹ 207.781 -2.30%
29-01-2023 ₹ 212.681 -0.65%
28-01-2023 ₹ 214.063 +4.06%
27-01-2023 ₹ 205.71 -4.52%
26-01-2023 ₹ 215.439 +8.54%
25-01-2023 ₹ 198.492 0
Time Price in INR Change in %
31-01-2023 ₹ 209.414 -0.03%
28-01-2023 ₹ 209.475 +14.39%
21-01-2023 ₹ 183.13 +26.04%
14-01-2023 ₹ 145.293 +19.14%
07-01-2023 ₹ 121.948 +8.92%
31-12-2022 ₹ 111.964 -1.33%
24-12-2022 ₹ 113.473 0
Time Price in INR Change in %
01-2023 ₹ 159.431 +23.67%
12-2022 ₹ 128.913 -29.72%
11-2022 ₹ 183.438 -32.28%
10-2022 ₹ 270.872 -22.82%
09-2022 ₹ 350.94 -11.60%
08-2022 ₹ 396.984 +26.20%
07-2022 ₹ 314.557 0

About Near Protocol (NEAR)

Market Cap Rank

#33

A layer one blockchain network is Near Protocol. It offers a platform for developers to create decentralized applications(dapps). Ethereum is the most popular layer one blockchain, making protocols like Near competitors.

More affordable and quicker than Ethereum is Near Protocol. What's more, it claims to be quicker than some of the other biggest rivals. Near is expected to be able to process up to about 100,000 transactions per second once completely developed. According to its blockchain explorer, Ethereum's main rival, Solana, averages less than 3,000 transactions per second. Double-digit transactions per second are typical for Ethereum. Bitcoin only performs about 10.


What is NEAR Protocol (NEAR)?

The decentralized application (dApp) platform NEAR Protocol, a competitor to Ethereum, is user- and developer-friendly. On the Near crypto network, transaction costs and storage are covered by its native NEAR tokens. The Proof-of-Stake blockchain uses sharding technology NEAR to achieve scalability.

The goal of NEAR Protocol is to provide a user- and developer-friendly platform. To fulfill this aim, NEAR has included features like the ability for new users to connect with dApps and smart contracts without ever needing to create a wallet, as well as the option to create human-readable account names rather than just cryptographic wallet addresses.


Who Created the NEAR Protocol Crypto

Co-founder of NEAR Alexander Skidanov claims that he wants to build a decentralized, community-managed, spy-free Internet where all programs can run. Blockchain is a key component, but it's not the most important. The most important thing is that decentralization and appropriate values exist.


How Does the NEAR Protocol Work?

Chainlink employs a unique three-step procedure to enable communication between the blockchain-based smart contracts it supports and external data sources:

Oracle Selection: A Service Level Agreement (SLA) for a particular set of data requirements is created by a Chainlink user. The Chainlink software then uses this SLA to match the user with the best suitable oracles to give the data. After establishing the settings, the user uploads the SLA and puts their Chainlink (LINK) cryptocurrency in an Order-Matching contract that takes oracle bids.

Data Reporting: To receive the real-world data demanded in the Chainlink SLA, the oracles interact with the external data sources at this stage. The oracles process the data, which is returned to the contracts through the Chainlink service.

Result Aggregation: The process's last step entails adding up the information gathered by the oracles and returning it to an aggregation contract. The Aggregation contract collects the data points, evaluates each for validity, and provides the user (smart contract) with a weighted score based on the total of all the data received.


Earn Free Near Protocol

NEAR Protocol (NEAR) Price Prediction

Near Protocol Price Today in India is ₹ 226.053 with a 24-hour trading volume of ₹17,44,34,28,354. In the last 24 hours, NEAR-INR price has decreased by -7.75%. Near Protocol CoinMarketCap rank is 33. The circulation supply of Near Protocol is 85,18,54,808.456576NEAR coins, with maximum circulating supply being unlimited.

NEAR Protocol Coin Price Prediction 2022

Based on the price prediction from Wallet Investor. By the end of 2022, the digital asset's price might reach a record high of $8.457. According to the firm's prediction, the typical objective will drop to $4.530. Wallet Investor has also made long-term predictions. By the end of 2023, the price is expected to reach a maximum of $5.604.

According to the Digital Coin Price forecast, the maximum price at which the NEAR price could finish trading in 2022 is $7.46. The company has set minimum and average goals of $6.55 and $6.95 for the year. However, $8.48 and $11.48 are set as the top closure targets for 2023 and 2025, respectively.


NEAR Protocol (NEAR) Price History 2021

NEAR Protocol's price varied between $1.3 and $1.49 in the first week of January before rising to $4.44 in the middle of February. After that, on December 26, NEAR reached its ATH for 2021, or $16.22, and by year's end, the price was still being traded at over $13.5.


Is NEAR Protocol Crypto a Good Investment in 2022?

One of the cryptocurrencies growing the most this year appears to be NEAR Protocol (NEAR). NEAR is seen as a good investment in 2022 based on the NEAR Protocol's successes during the last few months.

The coin may reach its next resistance level of $14.98 before the end of this year, according to the NEAR Protocol Price Prediction 2022 by Digital Coin Price. Adding NEAR tokens to your portfolio is advisable because it has the potential for long-term growth and could provide a profitable return on investment.


Near Protocol Features

Sharding strategy:

With the help of sharding, NEAR allows the network's capacity to increase when new nodes are added. Network nodes divide into many shards dynamically due to high bandwidth utilization. Then, computing is distributed across these shards in parallel, reducing each node's computational load.

Focus on decentralization:

A network must be permissionless, meaning that potential node operators must be free to join (as opposed to incentivizing pooling) to sustain real decentralization. The staking method used by Near, known as threshold proof-of-stake, is considered fair and predictable. This discourages the pooling of powerful validators and promotes widespread engagement among network participants.

Usability-first approach:

The Near Protocol prioritizes usability with a progressive security concept that enables developers to design a user experience resembling online experiences.Near Crypto is aware of the importance of usability first and foremost because it is likely that developers will only produce apps that are valuable and usable for their users. As part of its mission to be user-centric, Near provides consumers with straightforward onboarding, subscriptions that are simple to manage, predictable pricing, and familiar usage patterns.

Governance:

The governance of the Near Protocol also permits rapid protocol improvement while maintaining the supply of beneficial feedback and oversight towards the community to guarantee the independence of the protocol.

Should I Buy Near Protocol in India with BuyUcoin?

BuyUcoin users can buy and sell Near Protocol through various payment methods we provide. It’s quick, simple, and safe. BuyUcoin is an exchange platform where consumers can swap digital currencies such as Bitcoin, Ethereum, Shiba Inu, Dogecoin and over 150 other cryptocurrencies. In addition, when you sign up, you will be rewarded with free Bitcoin worth INR 100.

BuyUcoin, which has over 1M+ registered users, provides a comprehensive range of options that allow users to buy, sell, trade and store cryptocurrencies at a low price in India. Start trading now to receive INR100 worth of free Near Protocol after registering.

1 NEAR to INR

Instant Buy

Current Price of 1 NEAR = 600,000 INR
For 100 INR you will get = 0.00045 NEAR

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