$NEAR Price Rally Strengthens as Hyperliquid Adds Spot Market

The $NEAR Protocol has seen its price rally strengthen after its native token was deployed on Hyperliquid's spot market, allowing users to trade $NEAR against USDC.

This move follows several developments around $NEAR's cross-chain infrastructure, including the growth of Confidential Intents activity and a recent snapshot under its incentive program, which set aside 333,333 milestone tokens for eligible users.

$NEAR traded near $4.33 following the launch, close to its recent 52-week high of $4.46.