Ethereum Challenger Rises 95% in Seven Days, Surpasses $8,000,000,000 Market Cap As Layer-1 Altcoins Surge

One Ethereum competitor has risen nearly 100% in the last week alone, breaking the $8 billion market cap mark and threatening to enter the top 20 crypto assets by market cap.

Near Protocol (NEAR) is a smart contract capable decentralized application (DApp) platform that strives to compete with Ethereum (ETH) or Polkdadot (DOT).

NEAR, the project’s native token, recently rallied to an all-time high at $16.39 after trading at $8.40 less than five days prior for a gain of 95%.


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