Overview of NEAR Protocol's Market Performance
NEAR Protocol (NEAR) has demonstrated notable market activity over the past week, with its price and market capitalization fluctuating within the following ranges:
- Price Range (7 Days): $1,761.13 – $65.35
- Market Cap Range (7 Days): $2,509,054,932 – $2,790,431,448
Key Metrics
- Current Market Cap: $2,698,493,017
- Fully Diluted Market Cap: $2,190,000,000
- Circulating Supply: 1,232,188,592 NEAR
- Total Supply: 1,000,000,000 NEAR
Comparative Analysis with Top Cryptocurrencies
Below is a hypothetical comparison of NEAR's price if it achieved the market capitalization of other leading cryptocurrencies:
| NEAR Price Target | Compared Asset | Market Cap of Compared Asset | Multiplier |
|---|---|---|---|
| $1,761.13 | Bitcoin (BTC) | $2.17T | 804.17x |
| $250.27 | Ethereum (ETH) | $308.38B | 114.28x |
| $107.39 | XRP | $132.32B | 49.04x |
| $78.13 | BNB | $96.27B | 35.67x |
| $65.35 | Solana (SOL) | $80.53B | 29.84x |
This table illustrates NEAR's potential growth relative to established cryptocurrencies, emphasizing its scalability and market position.
Market Cap Fundamentals
Market Cap Definition:
Calculated as the product of circulating supply and current price, representing the total valuation of a cryptocurrency.
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Fully Diluted Market Cap:
Projects the total value assuming maximum supply is in circulation, offering insights into long-term valuation.
FAQ Section
What factors influence NEAR's price volatility?
NEAR's price is influenced by market demand, adoption of its sharding technology, ecosystem developments, and broader crypto market trends.
How does NEAR's circulating supply impact its market cap?
A higher circulating supply generally dilutes price pressure, but NEAR's controlled emission rate ensures sustainable growth.
Why compare NEAR with top cryptocurrencies like BTC or ETH?
Comparisons highlight NEAR's potential to capture market share, showcasing its scalability advantages as a layer-1 blockchain.
Where can I track NEAR's real-time metrics?
👉 Monitor NEAR Protocol's performance here
What is NEAR's total supply?
NEAR has a fixed total supply of 1 billion tokens, with ~1.23 billion currently circulating due to staking rewards.
Key Takeaways
- NEAR Protocol's market cap reflects its competitive positioning in the blockchain ecosystem.
- Comparative analysis underscores NEAR's growth potential relative to industry leaders.
- Metrics like circulating supply and fully diluted valuation provide holistic insights for investors.
For deeper analysis, visit our recommended resource above.
### Keywords Integrated:
1. NEAR Protocol
2. Market Cap
3. Cryptocurrency Comparison
4. Circulating Supply
5. Fully Diluted Valuation
6. Price Volatility
7. Blockchain Scalability