NEAR Bulls Eye $3 as Price Surges 10% in 24 Hours

NEAR has gained significant momentum in recent days, with its price surging by 10% in just 24 hours. This upward trajectory is accompanied by a rise in trading activity and network value to their highest levels in a month.

The altcoin's defense of the $2.28 demand zone has helped it regain its upward momentum, but can its bulls keep the pace to clear the next resistance at $3?

Network activity is on the rise, with NEAR's holder revenue and TVL climbing to monthly highs. The recent surge in holders' revenue shot up to a new monthly high of $723K on September 9th.

The rising network metrics align with NEAR's price action, reinforcing the bullish sentiment. However, if buyers fail to stay above the breakout region near $2.50, it may result in a return to the $2.28-zone.