{"id":5402,"date":"2024-02-23T07:59:30","date_gmt":"2024-02-23T00:59:30","guid":{"rendered":"https:\/\/wam.vn\/en\/?p=5402"},"modified":"2024-02-23T07:59:30","modified_gmt":"2024-02-23T00:59:30","slug":"near-protocol-near-price-potential-how-high-could-it-go","status":"publish","type":"post","link":"https:\/\/wam.vn\/en\/near-protocol-near-price-potential-how-high-could-it-go\/","title":{"rendered":"Near Protocol: NEAR Price Potential? How High Could It Go?!"},"content":{"rendered":"<p><em><strong>TLDR<\/strong>: Near Protocol shows significant real-world adoption and innovation in blockchain scalability, facing challenges like SEC scrutiny but with strong funding and potential in AI and Web3 niches.<\/em><\/p>\n<p>This article is a summary of a You Tube video &#8220;Near Protocol: NEAR Price Potential? How High Could It Go?!&#8221; by Coin Bureau<br \/>\n<iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/aibV9rIkGXM?si=Ec2MzFat676ng_YS\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h3>Key Takeaways:<\/h3>\n<ol>\n<li><strong>Real-World Adoption<\/strong>: Near Protocol boasts significant real-world usage with its top two DApps (Decentralized Applications) having over 30 million monthly active wallets, suggesting it is one of the most adopted cryptos in real-world applications.<\/li>\n<li><strong>Market Undervaluation<\/strong>: Comparing Near Protocol&#8217;s adoption metrics to its market cap implies that it may be undervalued.<\/li>\n<li><strong>Sharded Proof-of-Stake Blockchain<\/strong>: Utilizes a sharded proof-of-stake mechanism for scalability and efficiency, aiming for theoretically infinite scalability through dynamic resharding.<\/li>\n<li><strong>Financial Backing<\/strong>: Raised approximately $535 million in funding between 2019 and 2022, indicating strong investor confidence and the project&#8217;s high-quality nature.<\/li>\n<li><strong>Tokenomics and Use Cases<\/strong>: NEAR coin is used for transaction fees (with a portion burned or allocated to smart contracts) and staking, with an aggressive vesting schedule leading to a significant increase in supply since launch.<\/li>\n<li><strong>Developer and Ecosystem Support<\/strong>: Near Protocol emphasizes developer support through partnerships (e.g., Infura) and has invested heavily in ecosystem incentives and grants.<\/li>\n<li><strong>Regulatory Challenges<\/strong>: The SEC&#8217;s classification of NEAR as a security poses potential risks for its availability on U.S. exchanges.<\/li>\n<li><strong>Innovative Features<\/strong>: Introduction of blockchain operating systems (BOS) for Web3, partnerships for data and privacy enhancements, and the development of a zero-knowledge smart contract standard.<\/li>\n<li><strong>Competitive Landscape and Niche Alignment<\/strong>: Faces the challenge of finding its unique niche in the crowded blockchain space, with potential to dominate the AI blockchain niche.<\/li>\n<li><strong>Potential Price Movement<\/strong>: Despite past price volatility, NEAR shows signs of a potential rally, with upcoming milestones and developments that could influence its value.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Near Protocol shows significant real-world adoption and innovation in blockchain scalability, facing challenges like SEC scrutiny but with strong funding and potential in AI and Web3 niches.<\/p>\n","protected":false},"author":3,"featured_media":5403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-5402","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","category-39","description-off"],"_links":{"self":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/5402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/comments?post=5402"}],"version-history":[{"count":1,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/5402\/revisions"}],"predecessor-version":[{"id":5404,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/posts\/5402\/revisions\/5404"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/media\/5403"}],"wp:attachment":[{"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/media?parent=5402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/categories?post=5402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wam.vn\/en\/wp-json\/wp\/v2\/tags?post=5402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}