Convert and Swap NEAR Protocol NEAR to Euro EUR
NEAR/EUR: 1 NEAR Protocol equals €4.84 EUR
Last update: 9:40 PM, December 22, 2024
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NEAR Protocol is falling this week.
The current price of NEAR Protocol is €4.84 per NEAR. With a circulating supply of 1,217,906,155 NEAR, it means that NEAR Protocol has a total market cap of €5,912,811,127.39. The amount of NEAR Protocol traded has fallen by €199,537,069.78 in the last 24 hours, which is a 15.24% decrease. Additionally, in the last day, €1,309,213,070.28 worth of NEAR has been traded.
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About NEAR Protocol
NEAR is the native token of the NEAR Protocol, a highly scalable blockchain network that provides a developer-friendly, decentralized application platform. NEAR tokens are used to pay network fees and can be staked to enhance network security.
NEAR Protocol (NEAR) is a layer-one blockchain designed to function as a community-run cloud computing platform. It aims to address some of the limitations that have been challenging other blockchains, such as low transaction speeds, limited throughput, and poor interoperability. NEAR Protocol provides a conducive environment for decentralized applications (DApps) and strives to create a platform that is both developer and user-friendly. For example, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to other platforms. NEAR Protocol is being developed by the NEAR Collective, a community that is continually updating the initial code and releasing updates to the ecosystem.
NEAR Protocol operates using its unique consensus mechanism known as "Doomslug." It also employs its Nightshade technology to significantly improve transaction throughput. Nightshade is a variation of sharding, where individual sets of validators process transactions in parallel across multiple sharded chains, enhancing the overall capacity of the blockchain. NEAR Protocol aims to achieve up to 100,000 transactions per second and near-instant transaction finality thanks to a one-second block cadence, while keeping transaction fees virtually zero. Additionally, NEAR Protocol simplifies the onboarding process of other blockchains by having human-readable addresses and building decentralized applications with a similar registration flow to what users have already experienced.
NEAR Protocol is designed to manage high-value assets and make them useful for everyday people. It provides a platform for the development of various projects. For example, Flux, a protocol that allows developers to create markets based on assets, commodities, and real-world events, and Mintbase, a platform for minting non-fungible tokens (NFTs), are examples of projects being built on NEAR Protocol. The NEAR token is used for processing transactions and storing data, running validator nodes on the network via staking NEAR tokens, and for governance votes to determine how network resources are allocated.
NEAR Protocol was founded by Erik Trautman, Illia Polosukhin, and Alexander Skidanov. Erik Trautman is an entrepreneur with experience on Wall Street and the founder of Viking Education. Illia Polosukhin has over ten years of industry experience, including three years at Google. Alexander Skidanov is a computer scientist who worked at Microsoft and later joined memSQL, where he became the director of engineering. The NEAR Protocol team includes several International Collegiate Programming Contest (ICPC) gold medalists and winners. NEAR Protocol launched its mainnet on April 22, 2020, with 1 billion NEAR tokens created at genesis.
How NEAR Protocol and Euro differ
NEAR Protocol and the Euro are two distinct forms of value exchange, each with its unique characteristics. NEAR Protocol is a layer-one blockchain platform that aims to address limitations in transaction speeds, throughput, and interoperability that have challenged other blockchains. It provides a conducive environment for decentralized applications (DApps) and strives to create a platform that is both developer and user-friendly. NEAR Protocol operates using its unique consensus mechanism known as "Doomslug" and employs its Nightshade technology to significantly improve transaction throughput. On the other hand, the Euro is a traditional fiat currency used by 19 of the 27 member states of the European Union. It is regulated by the European Central Bank and the Eurosystem and is used for everyday transactions within these countries. Unlike NEAR Protocol, the Euro does not utilize blockchain technology, is not used for staking, and does not facilitate the creation of decentralized applications. The Euro is a physical and digital currency, while NEAR Protocol is purely digital and operates within the realm of blockchain technology.
Frequently asked questions
How much is 1 NEAR Protocol in EUR?
Right now, 1 NEAR Protocol is worth about €4.84.
How much NEAR could I buy for 1 EUR?
Based on the current rate, you could get 0.21 NEAR for 1 EUR.
How much has the price of NEAR Protocol changed?
NEAR Protocol price has been declining. Since yesterday, the exchange rate of NEAR Protocol has decreased. Since last month, the exchange rate of NEAR Protocol has decreased. Since this time last year, the price of NEAR Protocol has increased.
How do I calculate or convert NEAR to EUR?
You can use our NEAR to EUR calculator at the top of this page to convert any amount of NEAR to EUR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 EUR is equivalent to 1.03 NEAR. Inversely, 5 NEAR will cost about €24.22
How can I buy 1 NEAR Protocol on Coinbase?
NEAR Protocol is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy NEAR Protocol.
What are assets similar to NEAR Protocol that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to NEAR Protocol, including Filecoin, Ethereum Classic, and Bittensor. For a more robust list of assets to explore, jump to the asset page dedicated to NEAR Protocol.
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NEAR to Euro conversion tables
The exchange rate of NEAR Protocol is decreasing.
The current value of 1 NEAR is €4.84 EUR. In other words, to buy 5 NEAR Protocol, it would cost you €24.22 EUR. Inversely, €1.00 EUR would allow you to trade for 0.21 NEAR while €50.00 EUR would convert to 10.32 NEAR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 24.17%. Meanwhile, in the last 24 hours, the rate has changed by 0.95%, and that the the highest exchange rate of 1 NEAR to Euro was €4.92 EUR and the lowest 24 hour value was 1 NEAR for €4.63 EUR. This time last month, the value of 1 NEAR was €5.61 EUR, which is a 15.47% increase from where it is now. Looking back a year, NEAR Protocol has changed by €3.05 EUR.
NEAR to EUR performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
€4.86 EUR | -0.95% | €6.32 EUR | -24.17% | €5.61 EUR | -15.47% | €3.05 EUR | 49.42% |
NEAR to EUR
Amount | Today at 9:40 pm |
|---|---|
0.5 NEAR | €2.42 |
1 NEAR | €4.84 |
5 NEAR | €24.22 |
10 NEAR | €48.43 |
50 NEAR | €242.16 |
100 NEAR | €484.33 |
500 NEAR | €2,421.63 |
1,000 NEAR | €4,843.25 |
EUR to NEAR
Amount | Today at 9:40 pm |
|---|---|
0.5 EUR | 0.10 NEAR |
1 EUR | 0.21 NEAR |
5 EUR | 1.03 NEAR |
10 EUR | 2.06 NEAR |
50 EUR | 10.32 NEAR |
100 EUR | 20.65 NEAR |
500 EUR | 103.24 NEAR |
1,000 EUR | 206.47 NEAR |
Today vs. 24 hours ago
Amount | Today at 9:40 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 NEAR | €2.42 | €2.43 | -0.24% |
1 NEAR | €4.84 | €4.85 | -0.24% |
5 NEAR | €24.22 | €24.27 | -0.24% |
10 NEAR | €48.43 | €48.55 | -0.24% |
50 NEAR | €242.16 | €242.74 | -0.24% |
100 NEAR | €484.33 | €485.48 | -0.24% |
500 NEAR | €2,421.63 | €2,427.38 | -0.24% |
1,000 NEAR | €4,843.25 | €4,854.75 | -0.24% |
Today vs. 1 month ago
Amount | Today at 9:40 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 NEAR | €2.42 | €2.80 | -13.48% |
1 NEAR | €4.84 | €5.60 | -13.48% |
5 NEAR | €24.22 | €27.99 | -13.48% |
10 NEAR | €48.43 | €55.98 | -13.48% |
50 NEAR | €242.16 | €279.88 | -13.48% |
100 NEAR | €484.33 | €559.76 | -13.48% |
500 NEAR | €2,421.63 | €2,798.79 | -13.48% |
1,000 NEAR | €4,843.25 | €5,597.58 | -13.48% |
Today vs. 1 year ago
Amount | Today at 9:40 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 NEAR | €2.42 | €1.61 | +50.25% |
1 NEAR | €4.84 | €3.22 | +50.25% |
5 NEAR | €24.22 | €16.12 | +50.25% |
10 NEAR | €48.43 | €32.23 | +50.25% |
50 NEAR | €242.16 | €161.17 | +50.25% |
100 NEAR | €484.33 | €322.34 | +50.25% |
500 NEAR | €2,421.63 | €1,611.70 | +50.25% |
1,000 NEAR | €4,843.25 | €3,223.40 | +50.25% |
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