Gate News Bot Report: As of November 7th, according to CoinMarketCap data, NEAR (NEAR Protocol) is trading at $2.14, up 10.74% in the past 24 hours. The price reached a high of $2.20 and a low of $1.73 during this period. The 24-hour trading volume is $428 million. Its current market capitalization is approximately $2.736 billion, an increase of $265 million compared to yesterday.
NEAR is a modular high-speed protocol designed for AI, aimed at representing user actions. NEAR not only provides computing power but also supports transactions, coordination, and evolution. On NEAR, AI interacts with users through the front end and executes intentions, while the blockchain handles identity, trust, and data on the back end. By simplifying the blockchain user experience, NEAR supports encrypted model execution, verifiable computation, and cross-chain operations, offering developers a comprehensive platform.