NEAR Protocol vs Stellar

General

Description

NEAR Protocol Logo
NEAR Protocol
 (NEAR)

NEAR is a blockchain and decentralized computing platform aiming to solve limitations of existing blockchains, such as scalability and transaction costs. It uses a Proof of Stake consensus mechanism and network fragmentation, known as sharding. NEAR also focuses on being developer-friendly, offering a range of tools for building applications.

What is NEAR Protocol?
Stellar Logo
Stellar
 (XLM)

Stellar is a decentralized payment network used by both businesses (e.g., financial service providers) and individuals to process cross-border payments quickly, cheaply, and efficiently across different currency zones. Thanks to its built-in “Asset Exchange,” assets such as currencies can be seamlessly exchanged with one another.

What is Stellar?
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Purpose and goals

NEAR Protocol Logo
NEAR Protocol
 (NEAR)
  • Smart contract platform
  • Decentralized applications
  • Scalability and interoperability
Stellar Logo
Stellar
 (XLM)
  • Efficient cross-border payments
  • Payment network for financial service providers
  • Integrated asset exchange
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Price and market data

Chart

NEAR Protocol
 (NEAR)

$4.4428

-11.7%
Stellar
 (XLM)

$0.1670

-6.8%
1D
1W
1M
1Y
Max
Market data
NEAR ProtocolStellar
All-time high
$20.44
Jan 16, 2022
-78.3%
$0.8756
Jan 02, 2018
-80.9%
Crypto all-time highs
Market cap
$5.82B
$5.88B
Market share
0.22%
0.22%
Transaction volume (24h)
$487.74M
-29.9%
$80.66M
-18.2%
Exchange rate

1 NEAR = $4.4428

1 XLM = $0.1670

NEAR converterXLM converter
AI prediction 2026
$7.0287
+57.9%
$0.2231
+33.5%
NEAR predictionXLM prediction
Price trend
Positive
(16/30 days)
Negative
(19/30 days)
Momentum
Positive
NegativePositive
Positive
Negative
NegativePositive
Negative
Relative Strength Index
Neutral
BuySell
Neutral

46.2

Buy
BuySell
Buy

34.9

News sentiment
Positive
NegativePositive
Positive (81/100)

Last 7 days

Positive
NegativePositive
Positive (100/100)

Last 2 months

NEAR newsXLM news
Price performance
--0.4%
--2.7%
Price performance
--11.7%
--6.8%
Price performance
--9.1%
--24.1%
Price performance
++96.5%
--48.5%
Annual return
++203.0%
--20.2%
Annual return
--69.9%
--36.5%
Annual return
++37.1%
++149.9%
NEAR returnsXLM returns
Average annual return
++194.5%
++1,046.0%
Max supply
–
–
Circulating supply
1.31B
35.23B
Inflation
2.50%
Year
10.01%
Year
Crypto inflation

On-chain data

NEAR ProtocolStellar
Total Value Locked (TVL)
$209.03M
$227.82M
What is Total Value Locked?
Market cap/TVL (ratio)
27.84
25.82
Transactions (24h)
–
3.39M
Active addresses (24h)
425
774,342

Our rating

What we think

NEAR Protocol Logo
NEAR Protocol
 (NEAR)
The NEAR Protocol and its decentralized cloud computing platform is another intriguing contender in the realm of smart contract platforms, positioning itself as a foundation for decentralized finance (DeFi), NFTs, and other use cases. We particularly appreciate that NEAR deliberately integrates the so-called Aurora Network, enabling seamless communication with other blockchains like Ethereum. In our view, interoperability is a core feature that newer smart contract platforms must possess to remain competitive. Although we are closely watching developments within the NEAR ecosystem, there are still too many uncertainties regarding its future for us to consider an investment at this time. Ultimately, the success of any decentralized network hinges on its ability to retain developers and applications over the long term.
What is NEAR Protocol?
Stellar Logo
Stellar
 (XLM)
The open-source Stellar network shares similarities with Ripple (XRP) both in its target audience and technology: neither uses a traditional blockchain to manage their decentralized networks, and both aim to make cross-border payments more efficient. This similarity is no coincidence, as Jed McCaleb, one of Stellar’s co-founders, previously worked at Ripple (XRP). Cross-border payment flows present significant challenges for many financial institutions, often being costly and slow. Stellar addresses similar issues as Ripple but takes a more open approach by serving both businesses and individuals. The Stellar network is already used by notable payment providers such as Stripe, MoneyGram, and Circle. We find Stellar very interesting but feel the market in this segment is too uncertain to form a definitive judgment.
What is Stellar?
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Key data

Key data
NEAR ProtocolStellar
Sector
Smart Contracts
Currency
Key feature
Performance, Interoperability
Payment Network
Founder
Erik Trautman, Alex Skidanov, Illia Polosukhin
Jed McCaleb, Joyce Kim
Developer
NEAR Foundation, NEAR Inc.
Stellar Development Foundation
Published
2020
2014
Institutional investors
  • a16z Crypto
  • Coinbase Ventures
  • Pantera Capital
  • Blockchain.com Ventures
  • IDEO Colab
  • Homebrew
  • etc.
  • Stripe
  • Galaxy Digital
  • ValueNet Capital
  • Astronaut Capital
  • Parallax Digital
  • Myriad Capital Management
  • etc.
Social media
1.83M followers
847,874 followers
Website
near.org
www.stellar.org
Whitepaper
Whitepaper
Whitepaper

Technical details

Technical details
NEAR ProtocolStellar
Blockchain
NEAR Blockchain
–
Consensus mechanism
Proof of Stake (Doomslug)
Stellar Consensus Protocol (SCP)
Staking
Yes
No
Open source
Yes
Yes
Energy consumption
Low
Low
Transactions per second
2,000 TPS
3,000 TPS
NEAR Protocol vs Stellar

NEAR Protocol or Stellar

Market data comparison of NEAR versus XLM

The current price of NEAR Protocol is $4.4428 and has decreased by 0.4% in the last 24 hours. Stellar is currently trading at $0.1670, with a drop of 2.7% over the same period. NEAR Protocol has a market cap of $5.82B and ranks 21st. Stellar follows with a market cap of $5.88B, ranking 20th — meaning it is valued higher.

We automatically update all market data every 15 minutes, so you always have the latest figures for your comparison.

Should I buy NEAR Protocol or Stellar?

You should be aware that investing in cryptocurrencies carries risks, and we are neither allowed nor intending to provide investment advice. Still, we'd like to offer some food for thought: consider the opportunities and risks associated with both NEAR Protocol and Stellar. What target markets and problems are these two projects aiming to address?

If you're still unsure whether to invest in NEAR Protocol or Stellar, you can take a look at some additional market data to help with your decision:

Currently, NEAR Protocol is about -78.3% below it's all-time high of $20.44 reached Jan 16, 2022.
In comparison, Stellar is down approximately -80.9% from it's all-time high of $0.8756 Jan 02, 2018.
NEAR Protocol currently has a 504.7% higher 24h transaction volume of $487.74M compared to Stellar with $80.66M.
Over the past year, NEAR Protocol achieved a total return of +96.5%, while Stellar returned -48.5%. Keep in mind, however, that past performance rarely guarantees future results.

Additional criteria for comparing cryptocurrencies:

  • What problem does the project aim to solve, and is a decentralized network meaningful and necessary for it?
  • How actively is the network being used?
  • Does the project have a large and active community?
  • How strong is the development activity? (e.g., on GitHub)
  • How decentralized is the underlying blockchain and the project itself?

How we evaluate cryptocurrencies

These are just a few indicators you can use to better evaluate and compare cryptocurrencies like NEAR Protocol and Stellar. Cryptocurrencies and their underlying technologies are often difficult to compare — even for professionals. So don’t stress yourself out, and never let emotions or fear of missing out drive your investment decisions.

Where can I buy NEAR Protocol or Stellar?

Today, there are many reputable and secure exchanges that make it easy to invest in NEAR Protocol and Stellar. We're happy to help you choose the right one: simply use our exchange comparison tool to find the platform that best suits your needs. Both NEAR Protocol and Stellar are well-known and in high demand, which means they're available on most major exchanges.

Crypto exchanges comparison

Which crypto wallet is best for NEAR Protocol and Stellar?

If you want to store cryptocurrencies like NEAR Protocol or Stellar yourself, choosing the right wallet is essential. Consider your personal preferences when deciding: Is ease of use important to you? Do you prefer maximum security with a hardware wallet (USB device), or is a software wallet sufficient for your needs? Our crypto wallet comparison helps you find the best wallet for NEAR Protocol, Stellar, and many other cryptocurrencies.

Crypto wallets comparison