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RECAP: FACE OFF: NEAR VS AVALANCHE
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RECAP: FACE OFF: NEAR VS AVALANCHE

Crypto Clash: $AVAX vs $NEAR! Epic Layer 1 Battle

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InvestAnswers
Jul 26, 2023
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NUGGETS OF ALPHA

  • AVAX and NEAR are both Layer-1 blockchains providing high throughput and scalability

  • NEAR's market cap is tiny compared to Avalanche

  • NEAR could have the answer to helping Ethereum scale down the line

  • AVAX will rain tokens for years that will bring about price suppression

  • AVAX is down 91% from all-time highs, NEAR down 93%

  • Avalanche's decentralization helps its technology score

  • Avalanche clearly wins for its user adoption over NEAR

  • NEAR has obvious strengths in the development activity and growth opportunity

  • Avalanche edges out NEAR Protocol in our Crypto Compendium

  • AVAX won 9 of our categories, NEAR won 11, including the most important

  • As an investor, I do not own either, but if I had to would invest in NEAR


Time for a face off between NEAR and Avalanche. I have dabbled a bit by investing in Avalanche during the last cycle, but I currently do not own either of these protocols.

Avalanche (AVAX) and Near (NEAR) Protocol are both Layer-1 blockchains that aim to provide high throughput and scalability. However, there are some key differences between the two platforms.

Avalanche is a proof-of-stake (PoS) blockchain that uses a unique consensus mechanism called Avalanche Consensus. This mechanism allows Avalanche to achieve high throughput and scalability without sacrificing decentralization. Avalanche is also designed to be interoperable with other blockchains, making it a good choice for

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