NEAR Protocol (NEAR) — is a high-performance layer one blockchain designed for scalability, usability, and low fees. Here is key information about the NEAR coin:

Overview:

• Name: NEAR Protocol

• Ticker: NEAR

• Type: Layer 1, Proof-of-Stake (PoS)

• Developer: Near Foundation

• Launch Year: 2020

Technology:

• Uses sharding (Nightshade) for scalability — allows processing thousands of transactions per second.

• Supports smart contracts and DApps in Rust and AssemblyScript.

• Compatible with Ethereum via Aurora — a layer 2 solution for running Ethereum DApps in the NEAR ecosystem.

Uses of NEAR Coin:

• Payment of transaction fees.

• Staking to secure the network.

• Governance (voting on protocol changes).

• Used in the DApp ecosystem: DeFi, NFT, GameFi, etc.

Advantages:

• Low fees and high speed.

• Convenience for developers and users (integration with Web2, clear wallet addresses).

• Actively developing ecosystem (including Metapool, Ref Finance, Octopus Network, etc.).#CryptoAdoption #Binance $NEAR