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.
The CoinDesk 20 index fell 0.3% to 1711.6, with Ethereum (ETH) down 1% and Cronos (CRO) down 1.4%, marking them as the biggest decliners. Meanwhile, NEAR and ADA led gains with increases of 2.7% and 1.0%, respectively. The index reflects a broad rang...
NEAR token faced selling pressure, pulling back to the key $2.00 support level after a recent rally. Despite a 2.72% drop and lower trading volume, buyers defended this psychological floor, preventing a deeper decline. The price is consolidating with...
The CoinDesk 20 Index rose 1.6% to 1687.72, with all 20 constituent cryptocurrencies trading higher. Uniswap (UNI) led the gains with a 4.5% increase, followed by Solana (SOL) up 2.6%. The broad-based index reflects positive momentum across major cry...
In the past 24 hours, USD Coin (USDC) experienced a net outflow of $141 million while Tether (USDT) saw a net inflow of $41.4 million, indicating a rotation of capital among stablecoins. Bitcoin showed heavy two-way flows with a small net outflow, su...
