Key Takeaways
The Near Protocol blockchain saw its users increase tenfold in 2023, with NEAT inscriptions launching in November. These served as the platform’s equivalent of non-fungible tokens (NFTs), helping attract people to the network.
About a year ago, Near Protocol – one of many systems set up to rival Ethereum (ETH) – announced that it would work with Alibaba Cloud, the computing and storage arm of Chinese tech giant Alibaba. This partnership would potentially see the system’s technology accessed by nearly one billion Alibaba customers. However, it dropped over the following months before making a recovery of sorts in October and November.
This upsurge was partly triggered by the KAIKAINOW platform, which allows people to access curated content without unlocking their mobile phones.
In late 2024, NEAR climbed steadily, from under $4 to over $5. However, it dropped in the new year, and on Jan. 23, 2025, NEAR was worth about $4.90.
Let’s now examine our Near Protocol price prediction. We’ll also investigate the Near Protocol price history and explain what it is and what it does.
Let’s look at the NEAR price predictions made by CCN on Jan. 23, 2025. While we take the utmost care with our price predictions, we must remind you that price forecasts, especially for something as potentially volatile as crypto, can often be wrong.
Minimum NEAR Price Prediction | Average NEAR Price Prediction | Maximum NEAR Price Prediction | |
---|---|---|---|
2025 | $3.48 | $7.10 | $8.21 |
2026 | $6.40 | $8.21 | $10.50 |
2030 | $8.21 | $15 | $20 |
The 2025 price predictions are based on the potential breakout from the current symmetrical triangle and subsequent bullish continuation. NEAR’s ability to maintain key support levels around $4.49 and target higher Fibonacci retracements like $6.40 and $8.21 suggests it could benefit from sustained adoption and improved sentiment during a potential market recovery phase.
By 2026, NEAR is expected to further capitalize on its network growth and increased use cases, pushing its value toward $8.21 and potentially surpassing $10.50. This assumes continued bullish momentum from 2025, macroeconomic improvements, and increased interest in layer-1 blockchain projects.
The long-term projection for 2030 anticipates NEAR leveraging significant technological advancements and ecosystem development to reach new heights. With the blockchain sector maturing, a minimum of $8.21 and an average of $15.00 reflect expected widespread adoption, while the maximum price of $20.00 considers aggressive growth scenarios and mass market integration.
NEAR is consolidating within a symmetrical triangle following a decline from its Wave Five high of $8.21. This triangle forms part of a larger descending wedge spanning several months. Key levels include $5.29 and $4.49.
The RSI hovers near 40, signaling reduced momentum but approaching oversold conditions. The corrective ABCDE wave count nears completion, with Wave E bottoming near $4.50. A breakout above $5.85 could confirm bullish continuation, while losing $4.49 risks deeper retracements.
The one-hour chart reveals a Wave Five peak at $8.21, followed by an ABC correction. Support at $4.50 to $4.70 has held, forming the base of the four-hour symmetrical triangle. Consolidation aligns with the final stages of Wave E, pointing to a possible breakout.
A bullish breakout targets $6.40, $7.10, and $8.21. A breakdown below $4.49 risks a drop to $3.48. RSI divergence suggests a bullish breakout remains possible, and the Near Protocol price prediction for the next 24 hours depends on where the NEAR price moves.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.
A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility. Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
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On Jan. 23, 2025, Near Protocol’s ATR was 0.465, suggesting average-to-high volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On Jan. 23, 2025, Near Protocol’s RSI was 43, indicating a somewhat bearish sentiment.
The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts. This ratio shows the project’s utilization and links the platform’s health to locked asset value.
A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets. On Jan 23, 2025, the NEAR TVL ratio was 24.37, suggesting overvaluation.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On Jan. 23, 2025, Near Protocol scored 27.8 on the CCN Index, suggesting weak momentum.
We looked at Near Protocol’s price history and found the lowest points on certain days, months, quarters, and weeks in the year, suggesting the best times to buy NEAR.
Day of the Week | Wednesday |
Week | 52 |
Month | March |
Quarter | First |
Now, look at some of the key dates in the Near Protocol price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some beneficial context when it comes to either making or interpreting a NEAR price prediction.
Time period | Near Protocol Price |
---|---|
Last week (Jan. 16, 2025) | $5.34 |
Previous month (Dec. 23, 2024) | $5.66 |
Three months ago (Oct. 23, 2024) | $4.68 |
One year ago (Oct. 24, 2023) | $2.72 |
Launch price (Oct. 14, 2020) | $1.69 |
All-time high (Jan. 16, 2022) | $20.42 |
All-time low (Nov. 4, 2020) | $0.526 |
The market capitalization, or market cap, is the sum of the total number of NEAR in circulation multiplied by its price.
On Jan. 23, 2025, Near Protocol’s market cap was $5.77 billion, making it the 27th-largest crypto by that metric.
On Jan. 23, 2025, a wallet held more than 5% of the supply of NEAR.
As of Jan. 23, 2025, the five wallets with the most NEAR were
Supply and distribution | Figures |
---|---|
Total supply | 1,231,640,964 |
Circulating supply (as of Jan. 23, 2025) | 1,176,503,548 (95.52% of total supply) |
Holder distribution | Top 10 holders own 26.58% of the supply (as of Jan. 23, 2025) |
According to Near Protocol’s technical documentation, or whitepaper , the platform is designed to help people build, develop, and grow applications.
It says: “NEAR is built from the ground up to deliver intuitive experiences for end users, scale capacity across millions of devices, and provide developers with new and sustainable business models for their applications. In doing so, NEAR is creating the only community-run cloud strong enough to extend the reach of Open Finance and power the future of the Open Web.”
Near Protocol is a blockchain that aims to be faster than the average, thus saving people time and money if they want to do things. Founded in 2017 by crypto entrepreneurs, it seeks to deliver the quickest speeds available.
Based on a platform called Doomslug, the protocol can add blocks to the blockchain after just one round of validation, significantly fewer than many of its rivals.
It also does something differently: rather than having a wallet address consisting of a string of numbers and letters, it allows people to have a “human-readable” name. The idea behind this is that, by doing so, the system is more user-friendly and, potentially, more straightforward for people who aren’t highly experienced with blockchain technology to pick up.
Near Protocol also supports the creation of decentralized applications (DApps).
The system is powered by its crypto coin, NEAR.
Along with its Doomslug technology, Near Protocol uses a process called sharding, particularly Nightshade sharding. This means that the blockchain is broken into smaller segments, which means it is, at least in theory, quicker.
Rather than being controlled by a regular business or one decentralized autonomous organization (DAO), Near Protocol is split into seven departments, called guilds, which operate as independent DAOs.
The NEAR coin governs the network, with holders able to vote on proposals affecting the system’s future. It can also be bought, sold, and traded on exchanges. Because Near Protocol uses a Proof-of-Stake (PoS) consensus mechanism, holders can add blocks to the blockchain and earn rewards based on how much NEAR they have.
It is hard to say. We still don’t know if NEAR will gain any traction. The news that it is to team up with Alibaba is undoubtedly encouraging, as it could help give the system usage to a company whose customers might not bother with crypto. Also, Alibaba’s work with AI company Nvidia also helped push the NEAR price up in 2024. Any increase in a platform’s utility and prominence should benefit its native token, and NEAR responded well to events. The KAKINOW screen lock platform has also helped bring new users to Near Protocol.
On the other hand, Near Protocol lives under the shadow of the SEC’s claim that it is an unregistered security. Also, considering that it is one of the blockchains to be dubbed an “Ethereum Killer,” the overall health of ETH might lead someone to wonder whether Near Protocol is not getting the attention it could.
As always with crypto, you must research before deciding whether or not to invest in NEAR.
No one knows for sure. While price predictions are broadly optimistic, they are usually wrong. Also, remember that prices can and do go down and up.
Before you decide whether or not to invest in Near Protocol, you should do your research, not only on NEAR but on other similar coins and tokens, such as Ethereum, Cardano (ADA), and Solana (SOL). You must also ensure you never invest more money than you can afford to lose.
Technical analysis by Nikola Lazic.
It could well do. Our NEAR price prediction says it could reach double figures as soon as next year.
NEAR is the native token of the Near Protocol blockchain. It is used to give people the right to vote on changes to the network and to add blocks to the blockchain. It can also be bought, sold, and traded on exchanges.