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NEAR price jumps 12% as partnership with Sunrise expands access on Solana markets

Market News
16 Oct 2026
AMBCrypto
View Source
Bullish
NEAR price jumps 12% as partnership with Sunrise expands access on Solana markets

NEAR's price surged over 12% following its partnership with Sunrise and Near Intent to create liquid markets for NEAR assets on Solana. This move broadens NEAR's trading reach by integrating it into the Solana ecosystem, supported by increased futures and spot market activity. ETF inflows of $1.13 million and rising trading volumes suggest strong investor interest, potentially fueling a continued bullish trend. However, caution remains as some profit-taking could temper gains in the near term.

NEAR trades at Rp89.440 on Pluang, down 5.62% as of Oct 17, 2026 01:21 WIB, despite the article's note of a 12% rally. The platform shows a balanced order activity with 54% Sell and 46% Buy, suggesting mixed investor sentiment. Meanwhile, Solana (SOL), integral to the partnership, trades at Rp1.861.263, down 1.49%, with a higher buy interest at 60%. This data highlights current cautious trading behavior around these assets amid the partnership news.

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