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NEAR Protocol jumps 6% to $5.50, briefly surpassing Stellar in market cap amid strong trading volume.

Market News
08 Oct 2026
Tokenpost
View Source
Bullish
NEAR Protocol jumps 6% to $5.50, briefly surpassing Stellar in market cap amid strong trading volume.

NEAR Protocol's price rose about 6% to near $5.50 on October 8, briefly overtaking Stellar in market capitalization with a market cap around $7.04 billion. This rise follows a strong recovery from $3.59 in mid-September and coincides with growing activity on NEAR Intents, a cross-chain execution protocol handling over $33 billion in volume across 35 chains. The launch of the Bitwise NEAR ETF in the US also supports NEAR's prominence, highlighting its role at the intersection of AI and crypto technologies. Market cap rankings between NEAR and Stellar remain close and fluctuate depending on the time of measurement.

On Pluang as of Oct 08, 2026 15:21 WIB, NEAR trades at Rp96.062 with a 1-day gain of 3.90%, holding a market cap of Rp128.89 trillion, slightly above Stellar's Rp125.17 trillion market cap. Meanwhile, Stellar's price is down 3.18% at Rp3.565, showing contrasting short-term momentum. NEAR's higher market cap and positive price movement contrast with Stellar's decline and strong buy interest, reflecting differing investor behavior on the platform.

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