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Crypto analytics firm Santiment is warning about Solana (SOL) and two other altcoins based on one key metric. The firm says that the discussions of Solana on social media platforms are soaring, which often signals a market top.
The prices of most of the coins keep growing, according to CoinStats.
NEAR, the cryptocurrency associated with the NEAR Protocol, has recently seen a substantial surge, hitting its highest price of the year. As of now, it is trading at $2.73, reflecting an impressive 18% increase within the last 24 hours and a noteworthy 26% surge over the past week, according to data from CoinMarketCap.
The Near Protocol (NEAR) price has increased by 65% in the past four days. The upward movement led to a 440-day high of $3.44 today.
NEAR/USDT chart and technical analysis The price of NEAR/USDT is approaching a major resistance and supply area of $3.50. The price has recovered about 70% in the last 3 days and this could be the perfect opportunity to cash on a potential retrace.
NEAR's price has touched its highest level since January
The crypto market is on fire, led by some disruptive cryptocurrencies.
Market doldrums have continued to characterize the crypto market since late last week, with Bitcoin price rising to test $44,000 resistance and falling to confirm support at $40,000. Amid the uncertainties across the market, investors have been able to identify some of the top altcoins to buy in December while speculating not only on short-term gains but
The NEAR Protocol, a sharded proof-of-stake blockchain, witnessed a 20% price surge on Wednesday. Based on data from CoinGecko, the NEAR Protocol's NEAR token is trading at $2.88 at press time.
Near protocol token recorded uptrends over the past day, with its price increasing by nearly 18%. Trading at $2.84 at press time, NEAR soared 27.50% within the previous week. Further, Coinalyze data shows the altcoin's open interest (OI) saw a significant uptick to the highs of $118.3 million. Meanwhile, Binance tops the charts with $69.
In a significant market move, NEAR Protocol (NEAR) has experienced a substantial surge of 17.72% in the last 24 hours, pushing its current price to $2.83. The cryptocurrency's trading volume has concurrently spiked by an impressive 173.49%, reaching $483.15 million.
NEAR Protocol's native token, NEAR, gained bullish momentum over the past week and just reached its 10-month-high. NEAR is up 17.6% in the past 24 hours and is trading at $2.
The crypto industry has recorded an upswing of less than 1% within the past day. Further, the top crypto tokens continue to display minor fluctuations in their price. On the other hand, the Near Protocol price has jumped over 17%, making it the top gainer in the crypto market for the day.
“Altcoin Season” is gaining traction, signaling a time when alternative cryptocurrencies, known as altcoins, are outperforming market giants Bitcoin (BTC) and Ethereum (ETH). Experts have observed a pattern during market upswings where funds initially flow into Bitcoin and Ethereum, followed by a surge in altcoins.
The market is facing a bounce back after a few days of continued decline.
The cryptocurrency market is experiencing a significant surge, with Bitcoin (BTC) leading the way, having recently crossed the $43,000 mark. This uptrend is also reflected in various altcoins. This positive momentum is largely attributed to the Federal Reserve's dovish stance, projecting rate cuts in the coming year.
Most of the coins keep facing a correction; however, there are some exceptions to the rule, according to CoinStats.
Cryptocurrency analyst Miles Deutscher has provided insights into potential altcoin opportunities as the crypto market experiences a sharp correction and many altcoins consolidate after recent gains. Deutscher's analysis focuses on several altcoins that he believes could be poised for significant upside movement.
The Orderly Network, a key player within the NEAR ecosystem, has recently announced the launch of its innovative Orderly Omnichain SDK. The software development kit is poised to revolutionize how developers integrate various functionalities into their applications, particularly in the realm of decentralized trading protocols.
The Near Protocol (NEAR) price regained its footing on November 28 and is approaching its yearly high.
Story Highlights The live price of Near Protocol is . Near Protocol is predicted to reach a maximum of $2.704 this year. NEAR price with a potential surge could reach a high of $22.656 by the end of 2030. The global crypto market has been generous enough to emerging protocols and its native assets.
Rising higher with an intense increase in the trading volume, the demand for the NEAR token has exploded over the last few weeks. The uptrend marks seven bullish weeks out of the last eight weeks, as NEAR price continues a rally of 115%.
Within four days, transactions on the blockchain jumped 12x. 100% of the inscriptions have been minted.
The cryptocurrency market is a realm teeming with opportunities. Although the limelight frequently falls on prominent cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), there are a bunch of hidden gems trading below the $5 mark.
