Trading, NEAR Protocol (NEAR), Pyth Network (PYTH)

Here is a comprehensive article on encryption, commerce and two specific projects, near the protocol network and Pyth:

“The boom of the cryptographic market arouses interest in next protocol and pyt: a rising star in the blockchain space”

The cryptocurrency market has experienced significant growth lately, with many investors using digital assets as an alternative investment option. One of the main factors behind this trend is the rise of blockchain -based platforms that offer a variety of innovative features and applications.

In particular, two projects caught the attention of merchants and investors: near the protocol (next) and the Pyth network (Pyth). Both are developing at the basis of Testing Technology (POS), which proved to be highly effective in reducing energy consumption and increasing scalability.

closest promise

Next protocol, also known as nearby, is a decentralized platform that aims to provide fast, safe and scalable blockchain solutions. Launched in 2017 by Ilya Sukhtin, a Ukrainian-American businessman, close to the Cosmos Network (also known as Cosmos-Terra). The native token of the project, ner, serves as its asset of governance.

Near’s main feature is the Proof of Participation Consensus Algorithm (POS), which allows faster transaction processing times and lower energy consumption. This makes almost an attractive option for developers who want to create applications that require high -speed transactions.

Pyth network

The Pyth network, also known as Polygon, is a scale solution of layer 2 built on Ethereum. Launched in 2018 by Anthony Di Iorio and Charles Hoskinson, Pyth has gained a significant traction since its inception. The native token of the project, Matic, serves as its asset of governance.

PYT’s main feature is its ability to scale Ethereum’s transactions without sacrificing safety or decentralization. By placing on top of the Ethereum network, Pith allows developers to create applications that require high volumes of transactions and low rates.

Rise Star: Near the protocol

The next protocol has been waves in the cryptocurrency space since its launch. With his post and fast transaction processing algorithm, the next is well positioned to become a leading actor in the blockchain industry.

One of the main benefits of others is its scalability potential. The native project token, ner, can be used to encourage developers to create applications on the platform, which can help boost adoption and growth.

Rise Star: Pyt Network

The Pyth network has also experienced significant growth since its inception. With its scale solution of layer 2, Polygon, Pyth is well positioned to become a leading player in the cryptocurrency space.

One of the main benefits of PYT is the ability to scale Ethereum’s volume of transactions without sacrificing safety or decentralization. By placing on top of the Ethereum network, Pith allows developers to create applications that require high volumes of transactions and low rates.

Investor Feeling

As with any market trend, investor’s feeling plays a significant role in determining the success of the network near the protocol and PIT. According to recent data, both projects have experienced significant growth in the price of their native tokens.

For example, Ner (next) has seen its price increase by more than 1,000% since its release in January 2022. Likewise, Matic (Pyth) saw its price increase by more than 500% since its creation in October 2018.

Conclusion

Cryptography markets continue to increase, with many investors using digital assets as an alternative investment option. Two projects that caught the attention of traders and investors are close to the protocol and the PYT network.

Both platforms offer innovative features and applications that make them attractive options for developers who want to create staggering blockchain solutions.