Global #NEAR Protocol

Following a strong week with a 17.12% price surge, Near Protocol (NEAR) is experiencing a loss of momentum.

Artificial Intelligence (AI) cryptocurrencies have emerged as a significant trend in the broader crypto landscape, with notable performers like Bittensor (TAO) leading the charge. NEAR Protocol (NEAR) has also captured attention with its remarkable performance

NEAR Protocol is a layer-1 blockchain platform designed to be a high-performance, scalable foundation for decentralized applications (dApps). Launched in 2020, it aims to address the limitations of existing blockchains like Ethereum, particularly in terms of scalability and transaction costs.

NEAR Protocol's co-founder, Illia Polosukhin, has revealed ambitions to establish it as the premier ecosystem for advancing AI research and applications for the future.

The market capitalization of NEAR is nearing its annual peak, indicating substantial interest and investment in the token.