HomePrice of NEAR is skyrocketing today, up almost 17%: best places to buy NEAR now

Price of NEAR is skyrocketing today, up almost 17%: best places to buy NEAR now

Daniela Kirova

The price of NEAR Protocol's NEAR token gained almost 17% today, making it the top 100's biggest winner easily. Look no farther for all the information you need about NEAR, if it's a good investment, and the top places to buy NEAR. 

Top places to buy NEAR now


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What is NEAR?

NEAR is the token of NEAR Protocol, designed as a community-run cloud computing platform. It does away with some of the limitations, from which competing blockchains suffer, such as low throughput, low transaction speeds, and lack of interoperability. 

The protocol uses Nightshade technology to improve transaction throughput massively. Nightshade is a variation of sharding, in which individual sets of validators process transactions in parallel across multiple sharded chains, improving the overall capacity of the blockchain. 

In contrast to “regular” sharding, shards in Nightshade produce a fraction of the next block, called “chunks.” In doing so, NEAR Protocol is able to achieve up to 100,000 transactions per second and achieve near-instant transaction finality.

Should I buy NEAR today?

It's very hard to make an accurate prediction about volatile digital asset prices. Never invest more in any cryptocurrency than you can afford to lose, including NEAR.

NEAR price prediction

Wallet Investor predicts a long-term increase. The NEAR Protocol price can go up to $27 in one year. In this period, the earning potential is +63%. In five years, the NEAR Protocol price will be $78.

NEAR on social media

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