NEAR Token Surges 10% on Robust Network Participation and Multichain Adoption

Near Protocol's NEAR token surged over 10% as robust network participation and growing multichain adoption fueled buying interest.

The move is supported by a strong bullish trend, with the price trading above its 20-, 50-, and 200-day moving averages.

Bybit announced support for an upcoming Near Protocol upgrade scheduled for September 3, 2026, which includes a temporary suspension of deposits and withdrawals during the transition.

The NEAR Intents feature has expanded to over 30 networks, with trading volume surging to 56% above the monthly average.