Top Near Protocol Ecosystem tokens by market capitalization
Near Protocol Ecosystem contains 25 coins with a total market capitalization of $14.16B and an average price change of +11.89%. They are listed in size by market capitalization.
The NEAR community is a diverse and widespread network of developers, token holders, validators, and supporters who work together to fuel the platform, ecosystem, and applications of the protocol. The Near Protocol Ecosystem provides various forms of assistance, including financial support, guidance, and networking opportunities to help projects grow and succeed as thriving businesses. It encompasses hundreds of projects and DAOs that deliver value to users and bring about positive change in the world.
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FAQ
What network does near protocol use?
There is a blockchain network called Near Protocol that operates at the layer 1 level. This network offers developers a platform to build decentralized applications, also known as dapps. Ethereum is currently the most successful layer 1 blockchain, and protocols like Near are viewed as contenders.
What can near protocol be used for?
NEAR has its own token, which goes by the same name. This token is used to pay for transaction fees and storage. In addition, token holders can stake their NEAR tokens to participate in achieving network consensus as transaction validators. NEAR Protocol is dedicated to creating a platform that is easy to use for both developers and users.
Is Near protocol better than Ethereum?
NEAR's daily transaction count is three times lower than Ethereum's, but it completes transactions five times faster. Another notable feature of the protocol is its fees, which are comparable to Ethereum's Layer 2 Arbitrum or Polygon networks. NEAR has its own token, which is used to pay for transaction fees and storage. Token holders can also stake their NEAR tokens to participate in achieving network consensus as transaction validators. NEAR Protocol is committed to creating a platform that is user-friendly for both developers and users.