Near Price Soars on Enterprise AI-Driven Blockchain Demand

Near (NEAR) has seen significant price growth in recent days, with its trading volume surging 75.86% over its 30-day average and futures trading in NEAR rising by 150%. This increase in activity is attributed to the growing demand for blockchain infrastructure driven by enterprise AI adoption.

A report from McKinsey highlights that 40% of enterprises are scaling AI agents, a trend that Near Protocol has linked to greater demand for decentralized data control and blockchain infrastructure. This narrative backdrop has fueled speculative interest in NEAR, leading to its current price move.

Techncially, NEAR remains above its key moving averages, with strong bullish momentum evident in the short, medium, and long-term outlooks. However, intraday oscillators such as RSI and Stoch RSI are overbought, suggesting a risk of near-term pullback despite persistent bullish pressure.