Which coin performs better – USDC or NEAR Protocol?
We compare the current price (0.99989 $ vs 2.15 $), market cap (61 995 184 018 vs 2 647 741 221) and all-time high (1.17 vs 20.44).
Find out which one stands out right now!
USDC is currently trading at 0.99989 $, while NEAR Protocol stands at 2.15 $. These cryptocurrencies differ not only in price but also in market presence.
The market cap of USDC is around 61 995 184 018, and NEAR Protocol has about 2 647 741 221. Their respective all-time highs are 1.17 for USDC and 20.44 for NEAR Protocol.
Daily trading volume and the 24h price change (0.00402 % vs -1.29118 %) also offer key insights.
Compare all metrics now and see which coin fits your investment strategy best!
USD Coin (USDC) is a stablecoin that is pegged to the US dollar, offering a consistent value and reducing the volatility often associated with cryptocurrencies. It provides a crucial bridge between traditional financial systems and digital currency markets, facilitating easy and secure transactions. USDC's foundation on blockchain technology ensures transparency and enhances trust among users and institutions.
more informationNEAR Protocol is a blockchain platform known for its innovative sharding technology, which enhances scalability and efficiency, making it a strong contender in the decentralized application space. Its focus on developer and user-friendly features, such as easy-to-use interfaces and interoperability solutions, helps bridge the gap between blockchain technology and mass adoption. The platform's commitment to sustainability through its proof-of-stake consensus mechanism also positions it as an eco-friendly alternative in the burgeoning world of cryptocurrencies.
more information
|
|
|
|
General Information |
|
---|---|
Title
USDC
|
Title
NEAR Protocol
|
Symbol
usdc
|
Symbol
near
|
Whitepaper
-
|
Whitepaper
|
Website
|
Website
|
Community
-
|
Community
-
|
Last Updated
2025-07-07 23:29
|
Last Updated
2025-07-07 23:29
|
Price Data |
|
---|---|
Current Price $
0.99989 $
|
Current Price $
2.15 $
|
High 24h
0.99991 $
|
High 24h
2.21 $
|
Low 24h
0.99979 $
|
Low 24h
2.14 $
|
Price Change 24h
0.00004 $
|
Price Change 24h
-0.02812 $
|
Price Change % 24h
0.00402 %
|
Price Change % 24h
-1.29118 %
|
Market Data |
|
---|---|
Market Cap
61 995 184 018
|
Market Cap
2 647 741 221
|
Total Volume
4 944 844 126
|
Total Volume
125 139 442
|
Market Cap Change 24h
-226 432 510
|
Market Cap Change 24h
-35 084 546
|
Market Cap Change % 24h
-0.36391 %
|
Market Cap Change % 24h
-1.30775 %
|
Return on Investment (ROI)
-
|
Return on Investment (ROI)
-
|
Supply and Availability |
|
---|---|
Circulating Supply
62 002 546 456
|
Circulating Supply
1 231 571 683
|
Total Supply
62 009 548 728
|
Total Supply
1 259 244 507
|
Max Supply
-
|
Max Supply
-
|
Historical Data |
|
---|---|
All Time High (ATH)
1.17
|
All Time High (ATH)
20.44
|
ATH Change %
-14.73560 %
|
ATH Change %
-89.49821 %
|
ATH Date
2019-05-08 00:40
|
ATH Date
2022-01-16 22:09
|
All Time Low (ATL)
0.87765
|
All Time Low (ATL)
0.52676
|
ATL Change %
13.92978 %
|
ATL Change %
307.46423 %
|
ATL Date
2023-03-11 08:02
|
ATL Date
2020-11-04 16:09
|
USDC, or USD Coin, is a prominent stablecoin in the cryptocurrency market. Issued by Circle and backed by fully reserved assets, USDC is designed to maintain a 1:1 value ratio with the US Dollar, making it a reliable digital dollar. The stablecoin ecosystem plays a crucial role in the broader cryptocurrency industry by providing a less volatile alternative to traditional cryptocurrencies like Bitcoin and Ethereum.
Launched in 2018, USDC was developed as part of a collaboration between Circle and Coinbase, two major forces in the cryptocurrency space. Since its inception, USDC has seen significant growth and adoption, becoming one of the leading stablecoins alongside Tether (USDT) and Binance USD (BUSD). While its all-time high reached $1.17 in May 2019, this was more of an anomalous spike that reinforced the need for rigorous controls to maintain stability around its intended $1 peg.
One of the primary advantages of USDC is its transparency and regulatory compliance. Circle, the company behind USDC, undergoes regular audits and publishes monthly attestations of its reserves, ensuring users that each USDC token is truly backed by a dollar or dollar-equivalent asset held in reserve. This transparency fosters trust and helps mitigate the volatility that plagues much of the crypto market.
Furthermore, USDC serves as a bridge between traditional finance and the blockchain world. It's used widely in Defi applications, allowing decentralized lending, borrowing, and trading while maintaining value stability. Additionally, USDC's integration into various wallets and exchanges worldwide adds to its utility and liquidity.
Despite its advantages, USDC is not without its drawbacks. One of the critical concerns involves regulatory risks, as stricter regulations on stablecoins could impact its future operations. Also, as a centralized stablecoin, USDC is subject to censorship concerns, where accounts can be frozen, diverging from the decentralized ethos that underlies most cryptocurrencies.
Another drawback is that, unlike decentralized alternatives, USDC requires a level of trust in the issuer, Circle. Any potential mismanagement or economic instability affecting Circle could, in theory, impact its ability to maintain the 1:1 peg, a risk inherent to any centralized stablecoin.
USDC has generally maintained its peg effectively, with minor fluctuations typically remaining within a tight range around $1. Its stability has been pivotal during periods of crypto market volatility, where it serves as a safe haven for investors looking to escape market downturns without exiting the crypto ecosystem.
In terms of market cap, USDC has experienced exponential growth, driven by increased adoption in the decentralized finance (Defi) space and demand for stable trading pairs. Despite being eclipsed by Tether (USDT) in terms of market share, USDC's reputation for transparency gives it a competitive edge.
Looking ahead, USDC's future appears promising but laden with challenges. The growing scrutiny from regulators worldwide could result in regulatory changes impacting its operations. However, Circle's proactive approach to compliance and regulation may shield USDC from adverse outcomes.
The stablecoin's role in facilitating seamless transactions and enabling innovative financial products in the Defi space will likely continue to drive its utility and adoption. Moreover, as traditional financial institutions begin to explore blockchain technology, USDC could play a critical role in bridging the two worlds.
In summary, USDC's stability, transparency, and integration with both traditional and decentralized finance systems position it as a key player in the ongoing evolution of digital finance. However, navigating regulatory landscapes and maintaining trust will be crucial for its sustained success.
NEAR Protocol is gaining traction in the cryptocurrency landscape as it aims to overcome some of the scalability and usability issues that plague many of its predecessors. Since its inception, NEAR has positioned itself as a next-generation blockchain platform designed to provide decentralized applications and to enhance interoperability between networks.
The NEAR Protocol was founded in 2018 by Alexander Skidanov and Illia Polosukhin. This ambitious project quickly garnered attention due to its innovative approach to solving the problem of blockchain scalability while minimizing the resource costs commonly associated with other platforms. NEAR utilizes a unique consensus mechanism called "Nightshade," which enables sharding to ensure high throughput without compromising decentralization.
One of the prominent advantages of NEAR Protocol is its focus on usability. The platform offers a simple development environment and seamless experience for developers, particularly those unfamiliar with blockchain technology. NEAR boasts an easy-to-navigate interface for building decentralized applications (DApps), reducing the barriers to entry for aspiring blockchain developers.
Additionally, NEAR Protocol is known for its robust scalability. Thanks to Nightshade and its sharding capabilities, NEAR can handle a large number of transactions simultaneously, positioning it strongly against competitors like Ethereum that often face congestion issues.
Despite its promising technology, NEAR Protocol faces several challenges. First and foremost, there's the competition with more established platforms like Ethereum and newer blockchains like Solana. NEAR must continue to innovate and prove its capabilities to capture a larger market share.
Another issue is the incorporation and adaptation of developers and users. While NEAR provides a user-centric interface, convincing a broader audience to switch from more popular platforms will require consistent marketing and evidence of technical superiority.
NEAR Protocol experienced significant market fluctuations since its launch. After reaching an all-time high of $20.44 on January 16, 2022, the price has seen a considerable decline, currently standing at approximately $4.65. This indicates a 77% drop from its peak, reflecting broader market trends where cryptocurrencies often witness volatility.
Nonetheless, NEAR has achieved a noteworthy market cap of roughly $5.66 billion, with a circulating supply of over 1.21 billion coins. These metrics demonstrate a degree of resilience and continued investor interest despite the market's ups and downs.
The future for NEAR Protocol holds potential, particularly as the demand for scalable and efficient blockchain solutions rises. Its focus on user experience and development ease, coupled with proactive ecosystem growth, positions NEAR as a formidable contender in the crypto space. The key to NEAR’s future success lies in ongoing technological advancements, partnerships, and capturing the interest of developers and enterprises alike.
In the increasingly competitive cryptocurrency arena, NEAR’s ability to adapt and expand its ecosystem will determine whether it can sustain its growth and possibly regain its historic highs. As the blockchain landscape evolves, keeping an eye on NEAR Protocol’s developments will be essential for investors and crypto enthusiasts.