NEAR Surges 25%, Hits Highest Price in 20 Months Amid Market Revival

NEAR Protocol has witnessed its highest price in over 20 months after surging by 25% to reach $3.60, surpassing a milestone since January this year.

The cryptocurrency market is currently experiencing a green day, with NEAR among the top performers. However, its remarkable performance can be attributed to more than just the broader market revival.

Just hours ago, NEAR Protocol announced on X that users can now trade perpetual futures by default, thanks to Hyperliquid's power. This feature allows users to open positions from their existing account without being traceable.

The chart of NEAR has been deemed 'phenomenal' and 'fabulous' by analyst Michael van de Poppe, who believes the asset is nearing its final point of resistance before reaching $5. He emphasizes that it's only a matter of time until this happens.