NEAR Protocol

NEAR Protocol is a blockchain designed to support artificial intelligence applications. It serves as a platform for decentralized applications and intelligent agents, facilitating interaction across both Web2 and Web3 environments.

The NEAR project focuses on integrating AI capabilities with blockchain infrastructure. It enables AI systems to perform transactions, operate, and communicate within a decentralized framework.

The utility of the NEAR token is centered on enabling operations within the network. It supports user-controlled AI processes, simplifies interactions across different blockchains through chain abstraction and intent-based transactions, and leverages a sharded architecture to enhance scalability and reduce execution costs.

NEAR Protocol was founded by Illia Polosukhin and Alexander Skidanov. Their background includes expertise in software development and systems architecture.

At the time of writing, the total supply of NEAR tokens is 1.25 billion. The circulating supply stands at approximately 1.21 billion.NEAR price is updated and available in real time on Binance.

Listed: 2026-08-27 07:04 UTC · Market data updated: 2026-10-29 10:45 UTC

No verified tokenomics note has been published yet.