NEAR Price Jumps 31% with Confidential Perpetual Trading Launch

NEAR Protocol's price surged to nearly $3.50 on Friday after traders pushed the token 31% higher in 24 hours, following a new confidentiality feature added to its September rally.

The token has gained substantially over the past week and month, with CoinGecko data showing NEAR up 46.1% over seven days, 78.9% over 14 days, and 120.1% over one month.

The market value of NEAR reached about $4.575 billion on Friday, while daily trading volume rose to $1.786 billion, with the token also gaining around 29% against Bitcoin during the same period.