NEAR Surges 8% as Altcoins Turn Bullish
2025-07-16 17:41:34
Main Idea
NEAR Protocol's price surged 8% recently, extending a 45% rally since June 17, amid growing optimism in altcoins and a broader AI token rally.
Key Points
1. NEAR Protocol's price increased from $2.60 to $2.68 in 24 hours, marking an 8% rise over a few days and a 45% surge since June 17.
2. A broader AI token rally has driven the sector's market capitalization to $33.64 billion.
3. The article mentions technical indicators highlighting trading patterns but does not provide specific details.
4. CoinDesk Analytics, an AI-powered tool, synthesizes market data with human editorial oversight to produce cryptocurrency and blockchain market content.
Description
NEAR Protocol exhibited pronounced bullish momentum over the past 24 hours, ascending from $2.60 to $2.68. NEAR is now up by 8% over the past few days having surged by 45% since Jun 17. The move reflects optimism across the wider altcoin ecosystem, with data points suggesting sustained upside . A broader artificial intelligence (AI) token rally has propelled the sector's aggregate market capitalization to $33.64 billion. Fund manager Bitwise also published on post on X about how the Near Protoco...
Latest News
- CME Exploring 24/7 Crypto Trading Expansion, Says Meme Coin Products Are Off the Table2025-07-16 21:23:32
- 'Crypto Week' Is Stuck Again as House Procedural Vote Drags On2025-07-16 20:02:15
- Trump-Linked WLFI Token Clears Vote to Become Tradable2025-07-16 20:01:48
- The Node: The Plot to Fire Powell2025-07-16 20:01:14
- Hack ‘Victims’ Say Tornado Cash Offered No Help in the Wake of Exploits: Day 2 of Roman Storm Trial2025-07-16 20:00:16