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Ethereum Rival NEAR Protocol Rallies 106% As DeFi Gains More Presence
Last Updated: 17 January 2021
Smart contracts facilitator and blockchain platform NEAR Protocol has gained 106% in the last month. The recent consolidation of the platform has attracted the attention of stakeholders and market makers who consider it a fast-rising platform.
Near Protocol was only rolled out in April last year as a platform that can improve the utilization of parallel processing.
It’s a much younger protocol compared to its rivals such as Ethereum. However, Near Protocol uses a strategy known as sharding, which is similar to what Eth2 wants to introduce. ....

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