NEAR Protocol surged about 54% over the past week, driven by a short squeeze, growing interest in AI-related blockchain projects, and its chain abstraction technology. Short sellers faced heavy liquidations, forcing buybacks that accelerated the price rise. NEAR positions itself as a blockchain for AI applications and recently integrated with Cow Swap, boosting cross-chain liquidity routing. The upcoming Dynamic Resharding upgrade in June 2026 aims to improve scalability, which will be crucial for sustaining momentum and attracting enterprise developers. Despite strong gains, risks remain from high leveraged positions and the need for real usage growth to support the price.
The SYN token from the AI-linked Synapse project has dropped more than 55% since late June, erasing gains made after BitMex co-founder Arthur Hayes endorsed it and bought 6.16 million tokens at about $0.357 each. Hayes' investment is now about 28% un...
NEAR Protocol has broken above the key $2 resistance level, showing stronger momentum than XRP. It is trading above its 50-day, 100-day, and 200-day moving averages, signaling a potential recovery and growing market confidence. The next resistance is...
XRP is currently trading around $1.09 and faces strong resistance between $1.11 and $1.15, preventing significant price gains. The cryptocurrency remains below its key moving averages, indicating ongoing bearish momentum despite some easing in sellin...
NEAR Protocol has broken above the key $2 level and is trading above its major moving averages, signaling a potential bullish recovery. In contrast, XRP remains stuck below critical resistance levels and continues a corrective phase. Memecoins Shiba ...
Bitcoin stabilized around $62,600 after a recent drop from $64,400 to $61,800, with significant liquidations mostly affecting long positions. South Korea's KOSPI index has fallen 10% since Friday, causing a massive 1,426% surge in crypto trading volu...
