NEAR Protocol is a blockchain platform that focuses on scalability, usability, and developer-friendly tools. It aims to provide a platform for developers to build decentralized applications (dApps) easily and efficiently. The NEAR Protocol token, NEAR, is used for governance, staking, and paying for transactions on the network.

Since its launch in April 2020, NEAR Protocol has seen significant price action. In its early days, the price of NEAR was relatively low, trading at around $1. However, as the platform gained traction and more developers started building on it, the price of NEAR started to increase.

By the end of 2020, NEAR had reached a price of around $3, showing steady growth and investor confidence in the project. In early 2021, as the cryptocurrency market as a whole experienced a bull run, NEAR saw a significant price increase, reaching an all-time high of over $8 in May 2021.

However, like many cryptocurrencies, NEAR also experienced a market correction in the following months, with the price dropping to around $4 in June 2021. Since then, NEAR has shown some volatility, with the price fluctuating between $3 and $5.

Overall, NEAR Protocol has shown promising growth and potential as a blockchain platform. With its focus on scalability and usability, it has attracted a strong community of developers and users. As the platform continues to evolve and gain more adoption, the price of NEAR may see further growth in the future. Investors and enthusiasts will be closely watching to see how NEAR Protocol performs in the coming months and years.