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NEAR price jumps 12% to $5.84, boosted by $6.4M short liquidations and record swap volume in September.

Technical Signals
12 Oct 2026
AMBCrypto
View Source
Bullish
NEAR price jumps 12% to $5.84, boosted by $6.4M short liquidations and record swap volume in September.

NEAR Protocol's price surged 12% to $5.84 after breaking above the $5.60 resistance level, driven partly by $6.4 million in short liquidations that added buying pressure. The token also saw a record $4.76 billion in September Swap Volume, indicating increased use of its cross-chain trading infrastructure. However, sustaining this rally depends on buyers maintaining support above $5.60. Infrastructure growth and ETF inflows add to the positive outlook, but a drop below $5.60 could weaken the breakout despite strong network activity.

Despite the recent surge in NEAR Protocol's price, on Pluang it is currently trading at Rp96.970 with a 1-day change of -4.78%. The market cap stands at Rp127,1 trillion, and trading volume is Rp23,57 trillion. These figures are as of Oct 13, 2026 02:21 WIB.

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