NEAR Protocol Surges on Private Futures, Post-Quantum Upgrades

NEAR Protocol's price surged by over 52% in recent days, with its token reaching $3.79 on September 19, according to CoinStats market data.

This rally has a real product story behind it: private perpetual futures, a live incentive snapshot, and post-quantum signing support that reached mainnet this summer.

One key fact is the incentive trigger: when NEAR's confidential total value locked passed $70 million on September 17, it triggered the first snapshot under the [email protected] milestone program. This rewards users with milestone tokens for eligible wallets with more than $100 in confidential balances and an active swap history.

The reward is tied to the token's three-day volume-weighted average price holding at or above $3.33, and no wallet can take more than 2% of the distribution.