Convert and swap NEAR Protocol NEAR to Real BRL

NEAR/BRL: 1 NEAR Protocol equals R$24.25 BRL

Last update: 5:23 PM, September 19, 2024

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NEAR Protocol is climbing this week.

The current price of NEAR Protocol is R$24.25 per NEAR. With a circulating supply of 1,131,078,754 NEAR, it means that NEAR Protocol has a total market cap of R$27,532,173,713.47. The amount of NEAR Protocol traded has risen by R$4,617,929,492.07 in the last 24 hours, which is a 169.06% increase. Additionally, in the last day, R$2,731,605,388.80 worth of NEAR has been traded.

R$27.5B
R$2.7B
1.1B NEAR

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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 Real differ

NEAR Protocol and the Brazilian Real (BRL) are two distinct forms of value exchange, each with unique characteristics. NEAR Protocol is a layer-one blockchain platform that aims to address limitations in transaction speeds, throughput, and interoperability found in 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 improve transaction throughput. It aims to achieve up to 100,000 transactions per second and near-instant transaction finality, while keeping transaction fees virtually zero. On the other hand, the Brazilian Real (BRL) is the official currency of Brazil, regulated by the Central Bank of Brazil. It operates within a centralized system and is subject to government monetary policies. Unlike NEAR Protocol, the Brazilian Real does not use blockchain technology, does not support DApps, and does not have a mechanism for achieving high transaction speeds or virtually zero transaction fees. Furthermore, while NEAR Protocol's value is determined by market dynamics in the global cryptocurrency market, the value of the Brazilian Real is influenced by Brazil's economic conditions, including inflation rates, interest rates, and GDP growth.

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NEAR to Real conversion tables

The exchange rate of NEAR Protocol is decreasing.

The current value of 1 NEAR is R$24.25 BRL. In other words, to buy 5 NEAR Protocol, it would cost you R$121.26 BRL. Inversely, R$1.00 BRL would allow you to trade for 0.0412 NEAR while R$50.00 BRL would convert to 2.0617 NEAR, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 6.22%. Meanwhile, in the last 24 hours, the rate has changed by 12%, which means that the the highest exchange rate of 1 NEAR to Real was 4.5855 BRL and the lowest 24 hour value was 1 NEAR for 4.015 BRL. This time last month, the value of 1 NEAR was R$21.11 BRL, which is a 14.87% increase from where it is now. Looking back a year, NEAR Protocol has changed by -R$18.19 BRL.

NEAR to BRL performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
R$22.02 BRL
11.50%
R$23.87 BRL
6.58%
R$21.05 BRL
14.73%
R$5.47 BRL
278.45%

NEAR to BRL

Amount
Today at 5:23 pm
0.5 NEAR
R$12.13
1 NEAR
R$24.25
5 NEAR
R$121.26
10 NEAR
R$242.51
50 NEAR
R$1,212.56
100 NEAR
R$2,425.12
500 NEAR
R$12,125.62
1,000 NEAR
R$24,251.25

BRL to NEAR

Amount
Today at 5:23 pm
0.5 BRL
0.0206 NEAR
1 BRL
0.0412 NEAR
5 BRL
0.21 NEAR
10 BRL
0.41 NEAR
50 BRL
2.06 NEAR
100 BRL
4.12 NEAR
500 BRL
20.62 NEAR
1,000 BRL
41.23 NEAR

Today vs. 24 hours ago

Amount
Today at 5:23 pm
24 hours ago
24H Change
0.5 NEAR
R$12.13
R$10.83
+12.00%
1 NEAR
R$24.25
R$21.65
+12.00%
5 NEAR
R$121.26
R$108.26
+12.00%
10 NEAR
R$242.51
R$216.52
+12.00%
50 NEAR
R$1,212.56
R$1,082.62
+12.00%
100 NEAR
R$2,425.12
R$2,165.23
+12.00%
500 NEAR
R$12,125.62
R$10,826.16
+12.00%
1,000 NEAR
R$24,251.25
R$21,652.32
+12.00%

Today vs. 1 month ago

Amount
Today at 5:23 pm
1 months ago
1M Change
0.5 NEAR
R$12.13
R$10.56
+14.87%
1 NEAR
R$24.25
R$21.11
+14.87%
5 NEAR
R$121.26
R$105.56
+14.87%
10 NEAR
R$242.51
R$211.13
+14.87%
50 NEAR
R$1,212.56
R$1,055.63
+14.87%
100 NEAR
R$2,425.12
R$2,111.26
+14.87%
500 NEAR
R$12,125.62
R$10,556.28
+14.87%
1,000 NEAR
R$24,251.25
R$21,112.56
+14.87%

Today vs. 1 year ago

Amount
Today at 5:23 pm
1 year ago
1Y Change
0.5 NEAR
R$12.13
R$3.03
+300.09%
1 NEAR
R$24.25
R$6.06
+300.09%
5 NEAR
R$121.26
R$30.31
+300.09%
10 NEAR
R$242.51
R$60.61
+300.09%
50 NEAR
R$1,212.56
R$303.07
+300.09%
100 NEAR
R$2,425.12
R$606.15
+300.09%
500 NEAR
R$12,125.62
R$3,030.73
+300.09%
1,000 NEAR
R$24,251.25
R$6,061.46
+300.09%

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