Convert and Swap NEAR Protocol NEAR to Russian Ruble RUB
NEAR/RUB: 1 NEAR Protocol equals RUB 522.66 RUB
Last update: 5:12 PM, December 23, 2024
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NEAR Protocol is falling this week.
The current price of NEAR Protocol is RUB 522.66 per NEAR. With a circulating supply of 1,217,906,155 NEAR, it means that NEAR Protocol has a total market cap of RUB 638,133,128,353.54. The amount of NEAR Protocol traded has fallen by RUB 34,448,226,106.58 in the last 24 hours, which is a 36.52% decrease. Additionally, in the last day, RUB 94,336,711,547.97 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 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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The exchange rate of NEAR Protocol is increasing.
The current value of 1 NEAR is RUB 522.66 RUB. In other words, to buy 5 NEAR Protocol, it would cost you RUB 2,613.32 RUB. Inversely, RUB 1.00 RUB would allow you to trade for 0.0019 NEAR while RUB 50.00 RUB would convert to 0.0957 NEAR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 24.53%. Meanwhile, in the last 24 hours, the rate has changed by 1.66%, and that the the highest exchange rate of 1 NEAR to Russian Ruble was RUB 535.76 RUB and the lowest 24 hour value was 1 NEAR for RUB 501.62 RUB. This time last month, the value of 1 NEAR was RUB 649.17 RUB, which is a 19.6% increase from where it is now. Looking back a year, NEAR Protocol has changed by RUB 360.04 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 511.72 RUB | 1.66% | RUB 694.90 RUB | -24.53% | RUB 649.17 RUB | -19.60% | RUB 360.04 RUB | 29.09% |
NEAR to RUB
Amount | Today at 5:12 pm |
|---|---|
0.5 NEAR | RUB 261.33 |
1 NEAR | RUB 522.66 |
5 NEAR | RUB 2,613.32 |
10 NEAR | RUB 5,226.63 |
50 NEAR | RUB 26,133.16 |
100 NEAR | RUB 52,266.33 |
500 NEAR | RUB 261,331.65 |
1,000 NEAR | RUB 522,663.29 |
RUB to NEAR
Amount | Today at 5:12 pm |
|---|---|
0.5 RUB | 0.000957 NEAR |
1 RUB | 0.0019 NEAR |
5 RUB | 0.0096 NEAR |
10 RUB | 0.0191 NEAR |
50 RUB | 0.0957 NEAR |
100 RUB | 0.19 NEAR |
500 RUB | 0.96 NEAR |
1,000 RUB | 1.91 NEAR |
Today vs. 24 hours ago
Amount | Today at 5:12 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 NEAR | RUB 261.33 | RUB 251.10 | +4.07% |
1 NEAR | RUB 522.66 | RUB 502.21 | +4.07% |
5 NEAR | RUB 2,613.32 | RUB 2,511.04 | +4.07% |
10 NEAR | RUB 5,226.63 | RUB 5,022.07 | +4.07% |
50 NEAR | RUB 26,133.16 | RUB 25,110.36 | +4.07% |
100 NEAR | RUB 52,266.33 | RUB 50,220.73 | +4.07% |
500 NEAR | RUB 261,331.65 | RUB 251,103.65 | +4.07% |
1,000 NEAR | RUB 522,663.29 | RUB 502,207.30 | +4.07% |
Today vs. 1 month ago
Amount | Today at 5:12 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 NEAR | RUB 261.33 | RUB 314.26 | -16.84% |
1 NEAR | RUB 522.66 | RUB 628.53 | -16.84% |
5 NEAR | RUB 2,613.32 | RUB 3,142.65 | -16.84% |
10 NEAR | RUB 5,226.63 | RUB 6,285.29 | -16.84% |
50 NEAR | RUB 26,133.16 | RUB 31,426.47 | -16.84% |
100 NEAR | RUB 52,266.33 | RUB 62,852.94 | -16.84% |
500 NEAR | RUB 261,331.65 | RUB 314,264.69 | -16.84% |
1,000 NEAR | RUB 522,663.29 | RUB 628,529.38 | -16.84% |
Today vs. 1 year ago
Amount | Today at 5:12 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 NEAR | RUB 261.33 | RUB 196.98 | +32.67% |
1 NEAR | RUB 522.66 | RUB 393.97 | +32.67% |
5 NEAR | RUB 2,613.32 | RUB 1,969.84 | +32.67% |
10 NEAR | RUB 5,226.63 | RUB 3,939.67 | +32.67% |
50 NEAR | RUB 26,133.16 | RUB 19,698.37 | +32.67% |
100 NEAR | RUB 52,266.33 | RUB 39,396.73 | +32.67% |
500 NEAR | RUB 261,331.65 | RUB 196,983.65 | +32.67% |
1,000 NEAR | RUB 522,663.29 | RUB 393,967.31 | +32.67% |
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