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In a surprising twist of fate, the native token of Near Protocol, NEAR, has defied the prevailing downtrend in the cryptocurrency market, experiencing an impressive 5% surge within the past 24 hours. This remarkable upswing comes as a breath of fresh air, set against the backdrop of a broader market grappling with a 0.7% dip.
Also announced was a partnership with startup Tokenproof.
NEAR Protocol, a blockchain network striving for growth and innovation, has recently unveiled its latest update, showcasing the milestones achieved in Q2 as part of its roadmap. This comprehensive report offers a valuable insight into the network's performance and aspirations.
Commencing on August 29th, Bitstamp plans to temporarily halt trading activities for a carefully selected range of well-known tokens. Notable names on this list include Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), NEAR, Sandbox (SAND), and notably, Solana (SOL).
NEAR looks to be planning to become more competitive in the blockchain segment based on its latest findings. The network's development activity was also in tandem with NEAR's update.
NEAR Protocol, a prominent blockchain platform, has swiftly risen to the forefront of the cryptocurrency landscape. Originally conceived by a small team in San Francisco, NEAR Protocol has expanded its influence and established collaborations with industry giants, propelling it on a consistent upward trajectory since its inception.
NEAR Protocol, a prominent blockchain platform, has rapidly expanded its influence and formed significant collaborations within the cryptocurrency industry. From its modest beginnings in San Francisco, NEAR Protocol has grown to become a key player, boasting partnerships with industry giants and showing consistent upward momentum.
At Bitstamp, they claim to have a comprehensive framework in place to continuously evaluate the cryptocurrencies we provide, “taking into account the dynamic regulatory environment. Considering recent developments, they are making some changes to our crypto offerings—specifically for our customers residing in the United States.
The SEC's enforcement actions have turned the U.S. market into rugged terrain for crypto firms.
Bitstamp will "permanently" halt trading for a selection of altcoins for its clientele based in the U.S. What Happened: The crypto exchange stated that it has a "comprehensive framework in place to continuously evaluate" cryptocurrencies and that it takes into account "the dynamic regulatory environment." "Considering recent developments, we are making some changes to our crypto offerings—specifically for our customers residing in the United States.
Cryptocurrency exchange Bitstamp has announced its decision to suspend trading of several cryptocurrencies for customers based in the United States starting from August 29th. The move comes in response to recent developments, although the specific reasons behind the suspension were not detailed in the announcement.
Bitstamp will halt U.S. trading of AXS, CHZ, MANA, MATIC, NEAR, SAND, and SOL from August 29, 2023, amid regulatory considerations and expansion plans.
NEAR Protocol's native token NEAR has made an encouraging rebound, surging by 4.91% in the past 24 hours to reach $1.40. Despite facing a brutal 10.83% decline in the past week, NEAR's market capitalization stands at $1.30 billion, solidifying its position among the top cryptocurrencies.
In the fast-paced world of cryptocurrencies, NEAR Protocol's native token, NEAR, has recently experienced a minor setback. Over the past 24 hours, the token witnessed a price drop of 7.81%, bringing its value to $1.33.
NEAR Protocol, a blockchain platform known for its innovative technology and strategic partnerships, has been making significant strides in the cryptocurrency industry. Since its inception, NEAR has gained popularity, attracting collaborations with major players in the field and steadily climbing in value.
Despite the crypto market's turn toward a cautiously positive sentiment, things aren't looking good for Ethereum's competitors, according to Jonah Van Bourg.
NEAR Foundation, the non-profit that supports and funds ecosystem development on NEAR Protocol, an open-source and climate-neutral blockchain, has announced it signed up to the Ethereum Climate Platform.
The protocol experienced an ebb and flow period in the last quarter. The revenue, TVL, and base layer were also affected by certain unexpected incidents.
According to Mesari, NEAR Protocol, a leading smart contract platform, demonstrated resilience and growth in Q2 2023, despite being listed in the SEC's complaint against Coinbase. The platform's financial and network fundamentals remained stable, with strategic partnerships and grassroots initiatives driving user adoption.
The $200 million decline was mostly due to a drop in the price of Near tokens, in line with the crypto bear market.
NEAR Foundation, a leading blockchain platform, has forged a strategic partnership with Hibiki Run, an innovative platform for music streaming and digital collectibles.
The landscape of blockchain scalability has evolved significantly in recent years, with Layer-2s (L2s) and sharding emerging as the two dominant approaches. Ethereum, a key player in the crypto industry, has adopted rollup-centric L2s to scale its network, while NEAR protocol has taken a different path, choosing to scale via sharding.
The Near Protocol (NEAR) price has increased significantly since falling to a new yearly low on June 10. Despite this increase, it has not confirmed its bullish reversal yet.
The NEAR Foundation entered a partnership with Alibaba Cloud to drive Web3 growth in Asia and the Middle East.
