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Why NEAR Protocol Popped 25.3% Today

TheMotleyFool

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The value of the cryptocurrency token NEAR Protocol (CRYPTO: NEAR) jumped 25.3% over the last 24 hours as of 12:30 p.m. ET as investors digest a new round of funding. This run has been ongoing, and NEAR Protocol is up 90.6% over the last month.

NEAR Protocol is a Layer 1 blockchain that's aiming to build a platform that developers can easily build on top of. The protocol is growing and that's in large part because of its fast, low-cost transactions that are carbon-neutral.

Image source: Getty Images.

Source Fool.com

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