NEAR Protocol
NEAR Protocol is a sharded, proof-of-stake Layer 1 blockchain designed for usability, scalability, and carbon neutrality.
NEAR Conversion Calculator
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About NEAR Protocol
NEAR Protocol (NEAR) price today is $4.96 USD, down 1.67% in the last 24 hours, with a market cap of $6.49 billion (as of Oct 18, 2026, 07:18 UTC).
NEAR Protocol was launched in 2020 by Illia Polosukhin and Alexander Skidanov, both former Google engineers. It uses a sharding approach called Nightshade to achieve near-infinite scalability, processing thousands of transactions per second while keeping fees under a cent.
NEAR stands out for its developer-friendly approach, offering human-readable account names (instead of hex addresses), easy onboarding for non-crypto users, and support for multiple programming languages through its WebAssembly-based virtual machine. The protocol is also certified carbon neutral. NEAR tokens are used for transaction fees, staking, and governance.
NEAR Conversion Table
| NEAR | USD | EUR | GBP | CAD | AUD |
|---|---|---|---|---|---|
| 0.1 NEAR | $0.496 | €0.441 | £0.373 | C$0.702 | A$0.712 |
| 1 NEAR | $4.96 | €4.41 | £3.73 | C$7.02 | A$7.12 |
| 5 NEAR | $24.80 | €22.05 | £18.65 | C$35.10 | A$35.60 |
| 10 NEAR | $49.60 | €44.10 | £37.30 | C$70.20 | A$71.20 |
| 50 NEAR | $248.00 | €220.50 | £186.50 | C$351.00 | A$356.00 |
| 100 NEAR | $496.00 | €441.00 | £373.00 | C$702.00 | A$712.00 |
| 500 NEAR | $2,480.00 | €2,205.00 | £1,865.00 | C$3,510.00 | A$3,560.00 |
| 1,000 NEAR | $4,960.00 | €4,410.00 | £3,730.00 | C$7,020.00 | A$7,120.00 |
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NEAR Protocol FAQ
What is NEAR Protocol?
NEAR Protocol is a Layer 1 blockchain that uses sharding to achieve high throughput and low fees. It is designed for usability with human-readable account names and easy onboarding, making it accessible to mainstream users and developers.
How does NEAR's sharding work?
NEAR uses Nightshade sharding, which divides the network into parallel shards that process transactions simultaneously. As usage grows, more shards are added automatically, allowing the network to scale without sacrificing decentralization.
How do I convert NEAR to USD?
Use this calculator to convert NEAR to USD, EUR, GBP, CAD, or AUD at live rates. Enter a NEAR amount and select your target currency.
Is NEAR developer-friendly?
Yes. NEAR supports multiple programming languages, provides human-readable account names, and offers tools for easy user onboarding. Developers can build dApps using familiar web development patterns.
Is NEAR Protocol environmentally friendly?
Yes. NEAR uses proof-of-stake which consumes far less energy than proof-of-work blockchains. NEAR Protocol is certified carbon neutral and publishes regular sustainability reports.
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