Near Protocol Price Jumps 7.6% After Surpassing $70M TVL Milestone

Near Protocol's price surged 7.6% in the last 24 hours to reach $2.51, making it the second-best-performing cryptocurrency among the top 30 by market cap.

This gain follows the attainment of the '[email protected]' Milestone, a pre-set landmark for the network's total value locked (TVL) at $70 million.

The [email protected] token airdrop is designed to reward ecosystem growth and has been made available to eligible users who have maintained a balance above $100 and successfully executed at least one confidential swap.

Notably, the [email protected] tokens will be redeemable for NEAR tokens at a 1:1 ratio once NEAR's volume-weighted average price (VWAP) holds at or above $3.33 for three consecutive days.