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Near Protocol surges 17% after Bitwise NEAR ETF approval boosts altcoin rebound

Market News
26 Sep 2026
AMBCrypto
View Source
Bullish
Near Protocol surges 17% after Bitwise NEAR ETF approval boosts altcoin rebound

Near Protocol (NEAR) surged 17% in one day, continuing with a 9% gain fueled by the approval of the Bitwise NEAR ETF to list and trade on NYSE Arca. This ETF approval, alongside growing network activity and revenue from Near Intents, has driven the altcoin's rebound. Despite bulls struggling to keep NEAR above $5 due to profit-taking, the ETF launch could push prices towards $8-$9. The network's TVL hit $249 million, and Near Intents is actively buying back NEAR, reducing supply and burning gas fees, supporting long-term growth potential.

As of Sep 26, 2026 20:21 WIB, NEAR Protocol trades at Rp86.597 on Pluang, showing a 1-day decline of 5.23%, contrasting with the article's note of a recent surge. The market cap stands at Rp113,86 trillion, with a 24-hour trading volume of Rp25,4 trillion. Pluang data also shows a slightly higher sell order activity at 55%, with typical hold times around 51 days, highlighting active trading despite recent price volatility.

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Near Protocol (NEAR) jumps nearly 12% in four hours, extending 24-hour gains to 18.7%.

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