NEAR Price Targets $1.85 Breakout as AI-Powered Cross-Chain Payments Gain Momentum
NEAR Protocol (NEAR) is gaining bullish momentum as analysts anticipate a potential breakout and view any short-term pullback as a buying opportunity. At the time of writing, NEAR is trading at $1.73 with a 24-hour trading volume of $99.73 million and a market capitalization of $2.26 billion.
The integration of Machine Payments Protocol (MPP), an AI-driven payment protocol created by Stripe and Tempo, has added cross-chain functionality to NEAR Intents. This enhancement allows AI-driven agents utilizing MPP to make cross-chain payments on more than 30 blockchains through the NEAR network without any hassles.
Crypto analyst Michael van de Poppe suggests that a successful breakout above the $1.85 resistance level would confirm stronger buying interest and increase the likelihood of an extended upward trend in the coming sessions.