Near Protocol Token Skyrockets 80% in One Week
Near Protocol's token has seen an impressive 80% price surge over the past week, reaching approximately $4.29 by Monday according to CoinGecko data.
This outpaced the overall cryptocurrency market, which saw a 6% growth during the same period.
The token's ascent broke above a multiyear descending trendline and recaptured the significant $3.50 resistance threshold.
Bitcoin's rally beyond $86,000 created favorable market conditions that lifted altcoins like NEAR.