NEAR Protocol's price surged 30% to nearly $2.26, driven by excitement over a June 2026 network upgrade that will enhance scalability through dynamic resharding. The rally occurred despite broader crypto market weakness and was supported by increased trading volume, rising interest in NEAR staking products, and expansion into AI-powered blockchain applications. Futures data shows strong bullish momentum, with analysts eyeing potential targets of $2.50 and $3.00, though short-term pullbacks remain possible due to overbought conditions. This positions NEAR as a notable altcoin gaining investor confidence amid technological advancements and growing ecosystem support.
Near Protocol announced a dynamic resharding upgrade launching in June 2026 that allows the blockchain to automatically create new shards when existing ones reach capacity, eliminating manual coordination delays. This upgrade, part of network version...
Bitcoin and Ethereum prices remained stable over the weekend, with Bitcoin trading between $76,100 and $78,000 and Ethereum struggling to break out, indicating low volatility in major cryptocurrencies. Meanwhile, AI-focused tokens like Near Protocol ...
The CoinDesk 20 index remained flat at 2085.44 with 14 of 20 cryptocurrencies trading higher. NEAR Protocol led gains with a 19.4% surge, followed by Internet Computer (ICP) up 4.3%. Meanwhile, SUI and XRP declined by 2.6% and 1.0%, respectively. Thi...
NEAR Protocol's price jumped over 44% from its weekly low, driven by AI-related momentum, optimism around upcoming protocol upgrades, and aggressive short liquidations. The token broke key resistance levels, with a potential golden cross between the ...
Bitcoin failed to reclaim the $78,000 level due to selling by short-term holders and heavy spot ETF market offloading, dampening altcoin momentum. The crypto AI sector saw a slight market cap decline, with NEAR Protocol rising 34% while FET token dro...
