Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up

In the past month Near Protocol (NEAR) rallied 106% as the DeFi market captured the attention of new investors. Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins. In the past month, NEAR has rallied by 107% and this raises questions on whether the project is making significant strides in what has become an ultra-competitive smart contract industry.NEAR/USDT (Binance).....


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