NEAR Protocol Price Soars 80% in One Week: Can it Reach $5?

NEAR Protocol's price surged by 80% in just one week, jumping from $2.20 to $4.20 as of September 21, 2026. This sharp breakout rally has broken a multi-year descending trendline and cleared the $3.30, $3.50 resistance on rising volume.

The token's price is now trading near the $4.10, $4.40 supply zone, with some analysts predicting that a sustained weekly close above this region could push NEAR towards $5.00. However, short-term profit-taking could also trigger a retest of $3.30, $3.50.

The recent price increase has been attributed to growing attention around NEAR Protocol's confidential perpetual futures trading feature powered by Hyperliquid. This product allows users to open positions without publicly linking trades to their accounts, increasing discussion around NEAR’s privacy-focused trading infrastructure.