Crypto
$NEAR Price Hurdles $2.55 as Buying Pressure Continues
The $NEAR protocol has continued its upward trajectory, reaching within $0.10 of the previously projected $2.55 target.
In the last 24 hours, NEAR has seen a 10% daily gain as trading volume surged by 67% to $676 million.
The increase in both price and trading volume is pointing to sustained buying pressure on NEAR after its breakout from a pennant consolidation formation.
This comes as the token's network TVL has crossed $185 million, indicating growing capital commitment to the protocol.