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NEAR Protocol jumps 6%, surpasses Stellar to enter top 20 cryptocurrencies by market cap.

Market News
08 Oct 2026
Crypto news
View Source
Bullish
NEAR Protocol jumps 6%, surpasses Stellar to enter top 20 cryptocurrencies by market cap.

NEAR Protocol's price rose about 6% to $5.50, pushing its market capitalization above Stellar's $6.97 billion and placing NEAR among the top 20 cryptocurrencies. The rally was supported by increased trading volume and NEAR Intents processing over $33 billion across 35 blockchains. Bitwise highlighted NEAR's combination of active crypto business and long-term AI infrastructure ambitions. NEAR now faces resistance around $5.50 to $6, with analysts watching for a breakout that could signal a broader upward trend.

NEAR Protocol's market cap on Pluang reached Rp128.89 trillion as of Oct 08, 2026 15:21 WIB, surpassing Stellar's Rp125.17 trillion. NEAR's price on Pluang is Rp96,062, up 3.90% in the last day, while Stellar trades at Rp3,565, down 3.18%. Despite NEAR's higher market cap and recent gains, Pluang order activity shows a majority selling sentiment at 87% Sell for NEAR, contrasting with Stellar's 96% Buy interest.

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