NKN is an open-source protocol used to share network bandwidth and internet connectivity in public blockchain-based peer-to-peer networks. The decentralized proof-of-work (PoW) network was launched in 2018, but has gained traction in recent weeks.
According to Binance Research data, the number of daily transactions on the NKN blockchain reached an all-time high of 729, up from an average of 20 to 30 transactions per day in previous months. The number of large transactions, or on-chain transactions, exceeding $100,000 has also increased dramatically in the last month.
The project’s increased momentum took shape shortly after crypto exchange Binance announced that NKN "hodlers" could earn up to 20% APY on their holdings through their Binance savings account.
New Kind Of Network (NKN) price equal to $0.696 USD at 2021-27-04 here’s a price prediction on New Kind Of Network (NKN)
Furthermore, By the end of 2021 we believe the price of New Kind Of Network (NKN) will be around $1.21 - $1.66 USD.