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NEAR token jumps 5.94% as Bitwise highlights its AI commerce potential and growing infrastructure.

Protocol Fundamentals
08 Oct 2026, 04:29 WIB
Tokenpost
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Bullish
NEAR token jumps 5.94% as Bitwise highlights its AI commerce potential and growing infrastructure.

NEAR's price rose 5.94% to $5.3674 on October 7, coinciding with Bitwise's analysis emphasizing NEAR's role in AI-agent commerce and on-chain execution. The token supports a growing infrastructure with over $30 billion processed across 35 blockchains through NEAR Intents, which enables complex transactions via competing external solvers. Recent protocol improvements include a fee switch directing fees to buybacks and reduced inflation, enhancing its long-term value. The launch of a related fund on NYSE Arca offers U.S. investors direct exposure to NEAR's ecosystem.

As of Oct 08, 2026 08:41 WIB, NEAR trades at Rp96,349 on Pluang, showing a 5.34% increase in the past day. The token's market cap stands at Rp126.14 trillion with a 24-hour trading volume of Rp23.47 trillion. Despite the recent price rise, Pluang order activity heavily favors selling at 87%, while the average holding period is 51 days, highlighting active trading dynamics.

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