NEAR Protocol Delivers Post-Quantum Signatures in Production Amid Bullish Technicals
NEAR Protocol has achieved another milestone in its development journey by delivering post-quantum signatures in production. This achievement comes alongside an impressive five years of 100% mainnet uptime and a publicly verified benchmark of 1 million transactions per second (TPS).
The price of NEAR has been holding steady at $2.47 within the Bollinger Bands, with upper resistance at $2.53. The short-term moving averages (50-EMA) and long-term moving averages (200-EMA) are also in place, forming a bullish structure that suggests continued growth. Additionally, the MACD golden cross confirms trend strength, while the RSI is currently at 56.91, indicating room for further price appreciation before reaching overbought conditions.
Historically, a test of upper-band resistance often precedes a measured pullback to the 50-EMA support before continuation. This recent infrastructure development positions NEAR for significant impact in the AI industry and shapes near-term price prediction models.