Convert and swap NEAR Protocol NEAR to Russian Ruble RUB

NEAR/RUB: 1 NEAR Protocol equals RUB 414.58 RUB

Last update: 9:26 AM, September 22, 2024

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NEAR Protocol is climbing this week.

The current price of NEAR Protocol is RUB 414.58 per NEAR. With a circulating supply of 1,131,835,779 NEAR, it means that NEAR Protocol has a total market cap of RUB 470,793,418,995.22. The amount of NEAR Protocol traded has risen by RUB 1,308,607,825.95 in the last 24 hours, which is a 5.19% increase. Additionally, in the last day, RUB 25,195,738,172.84 worth of NEAR has been traded.

RUB 470.8B
RUB 25.2B
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 Russian Ruble differ

NEAR Protocol and the Russian Ruble are fundamentally different in their nature and functionality. NEAR Protocol is a layer-one blockchain platform that aims to address limitations in the blockchain space such as low transaction speeds and limited interoperability. It operates using a unique consensus mechanism known as "Doomslug" and employs Nightshade technology to improve transaction throughput. NEAR Protocol is designed to manage high-value assets and make them useful for everyday people, providing a platform for the development of various projects. On the other hand, the Russian Ruble is a traditional fiat currency, controlled and regulated by the Central Bank of Russia. It is used for all types of transactions within Russia and can be physically held and spent. Unlike NEAR Protocol, the Russian Ruble does not use blockchain technology, does not have a consensus mechanism, and does not support the development of decentralized applications. The value of the Ruble is influenced by economic factors such as inflation, interest rates, and government debt, while the value of NEAR Protocol is determined by factors such as demand for its services, technological advancements, and the overall sentiment in the crypto market.

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NEAR to Russian Ruble conversion tables

The exchange rate of NEAR Protocol is increasing.

The current value of 1 NEAR is RUB 414.58 RUB. In other words, to buy 5 NEAR Protocol, it would cost you RUB 2,072.88 RUB. Inversely, RUB 1.00 RUB would allow you to trade for 0.0024 NEAR while RUB 50.00 RUB would convert to 0.1206 NEAR, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 7.42%. Meanwhile, in the last 24 hours, the rate has changed by 2.87%, which means that the the highest exchange rate of 1 NEAR to Russian Ruble was RUB 433.23 RUB and the lowest 24 hour value was 1 NEAR for RUB 401.52 RUB. This time last month, the value of 1 NEAR was RUB 385.31 RUB, which is a 7.19% decrease from where it is now. Looking back a year, NEAR Protocol has changed by RUB 108.24 RUB.

NEAR to RUB performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
RUB 403.46 RUB
2.87%
RUB 381.52 RUB
7.42%
RUB 385.31 RUB
7.19%
RUB 108.24 RUB
315.17%

NEAR to RUB

Amount
Today at 9:26 am
0.5 NEAR
RUB 207.29
1 NEAR
RUB 414.58
5 NEAR
RUB 2,072.88
10 NEAR
RUB 4,145.77
50 NEAR
RUB 20,728.85
100 NEAR
RUB 41,457.69
500 NEAR
RUB 207,288.45
1,000 NEAR
RUB 414,576.90

RUB to NEAR

Amount
Today at 9:26 am
0.5 RUB
0.0012 NEAR
1 RUB
0.0024 NEAR
5 RUB
0.0121 NEAR
10 RUB
0.0241 NEAR
50 RUB
0.12 NEAR
100 RUB
0.24 NEAR
500 RUB
1.21 NEAR
1,000 RUB
2.41 NEAR

Today vs. 24 hours ago

Amount
Today at 9:26 am
24 hours ago
24H Change
0.5 NEAR
RUB 207.29
RUB 202.02
+2.61%
1 NEAR
RUB 414.58
RUB 404.05
+2.61%
5 NEAR
RUB 2,072.88
RUB 2,020.23
+2.61%
10 NEAR
RUB 4,145.77
RUB 4,040.46
+2.61%
50 NEAR
RUB 20,728.85
RUB 20,202.31
+2.61%
100 NEAR
RUB 41,457.69
RUB 40,404.62
+2.61%
500 NEAR
RUB 207,288.45
RUB 202,023.10
+2.61%
1,000 NEAR
RUB 414,576.90
RUB 404,046.21
+2.61%

Today vs. 1 month ago

Amount
Today at 9:26 am
1 months ago
1M Change
0.5 NEAR
RUB 207.29
RUB 195.23
+6.17%
1 NEAR
RUB 414.58
RUB 390.47
+6.17%
5 NEAR
RUB 2,072.88
RUB 1,952.34
+6.17%
10 NEAR
RUB 4,145.77
RUB 3,904.67
+6.17%
50 NEAR
RUB 20,728.85
RUB 19,523.36
+6.17%
100 NEAR
RUB 41,457.69
RUB 39,046.71
+6.17%
500 NEAR
RUB 207,288.45
RUB 195,233.57
+6.17%
1,000 NEAR
RUB 414,576.90
RUB 390,467.15
+6.17%

Today vs. 1 year ago

Amount
Today at 9:26 am
1 year ago
1Y Change
0.5 NEAR
RUB 207.29
RUB 51.91
+299.29%
1 NEAR
RUB 414.58
RUB 103.83
+299.29%
5 NEAR
RUB 2,072.88
RUB 519.14
+299.29%
10 NEAR
RUB 4,145.77
RUB 1,038.29
+299.29%
50 NEAR
RUB 20,728.85
RUB 5,191.45
+299.29%
100 NEAR
RUB 41,457.69
RUB 10,382.90
+299.29%
500 NEAR
RUB 207,288.45
RUB 51,914.49
+299.29%
1,000 NEAR
RUB 414,576.90
RUB 103,828.97
+299.29%

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