Ethereum Near Protocol (NEAR) Competitor Gains 106% As DeFi Heats Up
Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as chunking, resembles what Eth2 aims to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins. In the last month, NEAR has recovered by 107% and this raises questions as to whether the project is making significant progress in what has become an ultra-competitive smart contract industry NEAR / USDT (Binance). Source: TradingViewNear Protocol daily number of transactions. Source: explorer.near.org NEAR Activity of Twitter users against price (USD). Source: TheTieContinue Reading on Coin Telegraph
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