Price history
Market cap
2,10 Mrd €
Volume traded (24h)
0,057 Mrd €
Circulating supply
1.238.537.693 NEAR
All-time high (ATH)
19,80 €
Distance from ATH
-91,5%
Market cap rank
#31
What is NEAR Protocol
NEAR Protocol is a Layer 1 blockchain launched in 2020, designed to be accessible to mainstream developers (with native support for languages like Rust and JavaScript) and to scale through "sharding", a technique that splits the network into parallel segments to increase the number of transactions it can handle.
NEAR has more recently repositioned itself in the artificial intelligence sector too, promoting infrastructure designed for autonomous AI agents that need verifiable identity and payment capability on-chain, alongside its original role as a general-purpose platform for decentralised applications.
Frequently asked questions
Is NEAR Protocol regulated in the UK?
As with most cryptocurrencies, NEAR is not covered by FCA regulation in the same way as regulated investments; the FCA has warned that crypto assets carry a high risk of losing all invested capital.
What is the "sharding" used by NEAR?
It's a technique that splits the blockchain into parallel segments (shards), allowing multiple transactions to be processed simultaneously and increasing the network's overall capacity compared to a non-sharded blockchain.
How is NEAR taxed in the UK?
Cryptoasset gains are generally subject to Capital Gains Tax in the UK, with an annual tax-free allowance. Always check current HMRC guidance.