NEAR Price Surges Amid Record-Breaking TVL and Fees

NEAR Protocol's price has surged by over 10% in the last 48 hours, making it one of the biggest beneficiaries of the recent crypto market rally.

The token cleared its supply zone between $3.2 and $3.4 and reached a new local swing high at $3.9, trading above all key Exponential Moving Averages.

Meanwhile, on-chain metrics show that NEAR's Total Value Locked (TVL) has reached an all-time high of $242 million, while network fees have soared to $860,000 over the same period.