Near Protocol (NEAR) is an advanced blockchain platform that provides high-speed, low-cost transactions with robust security and decentralization. Its consensus mechanism, Nightshade, and sharding technology enable the platform to achieve impressive scalability and transaction throughput, positioning NEAR as a leading altcoin in the blockchain space.
In recent weeks, NEAR Protocol (NEAR) has seen a notable price drop, currently at $5.18, reflecting a 33.26% decline over the past month. Despite this downturn, NEAR’s market cap remains strong at $5.60 billion, indicating strong support. The trading volume in the past 24 hours has been $202.08 million with the -0.448 MACD suggesting a bearish trend.