Crypto
Near Protocol Price Surges 6% Amid Institutional Investment and Regulatory Changes
NEAR Protocol's price surged by 6% over the past 24 hours, reaching $2.73 from its previous support level of $2.57.
This significant increase is attributed to heavy institutional investment flows, with $10.1 million directed towards NEAR specifically last week.
The global digital asset investment products saw inflows totaling $572 million, driven by U.S. policy changes allowing digital assets in 401(k) retirement plans, which triggered $1.57 billion in late-week investment inflows across the broader cryptocurrency market.