NEAR Protocol Price Climbs Up 80% Within A Week

NEAR Protocol Price Climbs Up 80% Within A Week
  • NEAR Protocol price climbs up 80% within a week.
  • NEAR has achieved its new all-time high (ATH) of $10.92
  • In August NEAR Protocol has partnered with the Filecoin ecosystem

NEAR Protocol, a decentralized application that was developed to make apps utilized on the web, and in the last 7 days NEAR climbed up over 80%. Today NEAR has achieved its new all-time high (ATH) of $10.92

NEAR is the utility token of NEAR Protocol this is used as fees for processing transactions and storing data. Also, it is utilized for governance to votes to determine how network resources are allocated.

More so, Alex Skidanov and Illia Polosukhin are the developers of the NEAR Protocol. NEAR is a smart contract-capable blockchain that launched in the year 2020.

Current Market Status

At the time of writing, the trading price of NEAR is $10.06 with a trading volume of $2,247,288,518 in the past 24-hours. According to Coinmarketcap, the price of NEAR has climbed up over 80% in a week and 30.71% in the last 24 hours.

NEAR Price Chart (Source: CoinMarketCap)

The chart displays the bullish trend over the last 7 days. Moreover, the price chart of NEAR shows that it has surged from $5.1 to $10.1 within 7 days. The current circulating supply of NEAR Protocol is 449,669,568.00 NEAR. Besides, IDEX is available in top exchanges like Binance, FTX, OKEx, Huobi Global, and CoinTiger.

NEAR Protocol and Filecoin Collaboration

In August NEAR Protocol has partnered with the Filecoin ecosystem. More so, the announcement was made on Filecoin’s blog on 10th August. Filecoin network is a decentralized peer-to-peer file storage network that aims to let anyone can store, moderate, and host digital information.

Filecoin and NEAR are providing a $300,000 grant pool to developers. The projects which demonstrate the integrations between Filecoin and NEAR are encouraged to take part in this grant program.

Finally, with the upcoming updates and announcements traders and users can expect more surges in the future.

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