NEAR Protocol, the scalable blockchain network known for its speed and efficiency, is making headlines as its native token shows significant price action. After breaking through months of resistance, the price of NEAR has pulled back, retesting the critical $5 support level.
Good news could be ahead for this altcoin thanks to one certain update!
Near Protocol has established itself as a notable player in the blockchain ecosystem, offering a unique set of features like fast transaction speeds, low fees, and a commitment to environmental sustainability. As a result, the native token, NEAR, has garnered significant attention.
HERE Wallet, the leading NEAR Protocol crypto wallet, has partnered with web3 security protocol HAPI to establish HOT Labs. This new joint venture aims to accelerate the development of user-centric crypto solutions, enhancing both accessibility and security in the blockchain space.
Deutsche Telekom AG, the world's fifth-largest telecommunications provider by revenue, has taken a notable step into blockchain by joining the NEAR ecosystem as an Enterprise Node Operator. The partnership, announced on 11 November, positions the German telecom giant as a validator, strengthening NEAR Protocol's decentralisation and enhancing network security.
German telecom giant Deutsche Telekom has become the first telecommunication company to operate a validator within the NEAR Protocol.
TL;DR Near Protocol introduced its project to create the world's largest open-source AI model, with 1.4 trillion parameters. The platform integrated its mainnet with MetaMask and all Ethereum wallets, allowing users to access its applications without changing wallets. This integration will be key to enhancing chain abstraction, promoting interoperability and efficiency in DeFi.
Infinex has integrated Near Foundation's Chain Signature feature in a bid to boost interoperability among multiple protocols
The mainnet is now also compatible with MetaMask and with the entire suite of Ethereum wallets.
Infinex, founded by Kain Warwick, has inked a partnership with Near Foundation to integrate Near Chain Signatures.
Near Protocol has announced plans to build the largest open-source artificial intelligence model worldwide. The platform announced the initiative on the opening day of its Redacted conference, held in Bangkok, Thailand.
The 1.4 trillion parameter model would be 3.5 times bigger than Meta's current open-source Llama model.
ICP's bullish momentum may help it break out on the charts soon.
Cardano (ADA) is up 15% in the past 24 hours to lead top gainers among the 100 largest crypto coins by market cap. Meanwhile, as Bitcoin price eyes the potential to flip to new highs after hitting $77k. Elsewhere, several altcoins look poised to tap the upside momentum.
Internet Computer (ICP) and Chainlink (LINK) are leading the crypto sector with “historic rates” of recent development activity, according to the digital asset analytics firm Santiment. Santiment notes that Internet Computer, a cloud-focused public decentralized network, clocked 829 notable GitHub events in the past 30 days.
Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.
The Internet Computer Protocol (ICP), the blockchain network designed for high-speed decentralized applications, has experienced a monumental rise in network activity, with its growth primarily driven by the expansion of its Chain Fusion interoperability protocol. However, despite the impressive rise in its ecosystem activity, the price of ICP has remained largely muted, following a broader market trend of consolidation in the latter half of 2024.
Despite the remarkable network growth in Internet Computer Protocol, ICP price remained muted.
The price of NEAR Protocol (NEAR) has been facing headwinds recently, showing a significant 25% drop over the past month. Despite forming a bullish chart pattern, a series of technical and market indicators suggest that NEAR may be headed towards its 2024 low of $2.450 rather than experiencing a breakout.
Nvidia has surpassed Apple in market capitalization, reaching a historic $3.43 trillion valuation. This milestone is evidence of Nvidia's leadership in the artificial intelligence industry, which has also led to a significant increase in the number of AI themed cryptocurrencies.
The DFINITY Foundation, the Swiss-based organization behind the Internet Computer blockchain, has released its 2024 Ecosystem Report, highlighting significant growth in the blockchain's interoperability technology.
Hedera was also among the top performers, rising 4.1% from Monday.
NEAR is at pivotal price point right now, and the next few days could be key.
Network activity across all Internet Computer protocols has increased 150% year-over-year, according to Dfinity.
American statistician and writer Nate Silver on Friday described the 2024 U.S. presidential race is described as "a near coin flip," with Donald Trump narrowly leading Kamala Harris . What Happened: As of Oct. 31, Silver's forecast gives Trump a slight edge with a 53.4% chance of winning, compared to Harris's 46.2%.
NEAR Protocol (NEAR) is currently capturing the attention of traders and investors. After enduring a challenging month, NEAR has recently demonstrated signs that it might be poised for a significant upward movement.
The cryptocurrency market continues to trend bullish on Oct. 31 as the latest developments point to further gains for Bitcoin (BTC). Meanwhile, Helium (HNT) and Internet Computer (ICP) are among the altcoins to pare gains following massive liquidations across the market. Bitcoin (BTC) near ATH Bitcoin (BTC) traded between $71,430.19 and $72,859.
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
NEAR could be on the verge of a significant upward move, but there are obstacles.
The cryptocurrency market is known for its volatility, and Internet Computer (ICP) is no exception. Currently, ICP finds itself in a prolonged consolidation phase, lingering between key resistance and support levels.
NEAR tumbles to $4.55 after underperformance, but experts see a 225% rally ahead.
NEAR will likely trend lower in the coming days, but bulls can rescue it soon.
Near Protocol token remains in a strong bear market after falling by almost 50% from its highest level this year. Near (NEAR) was trading at $4.62 on Oct. 24, as Bitcoin (BTC) and most altcoins remained under pressure.
Bitcoin price tanked as altcoins posted modest gains.
ICP is stuck in a consolidation phase—will bulls break through resistance, or is further downside ahead?
The artificial intelligence sector has become one of the most exciting and innovative developments in 2024. While many altcoins leverage artificial intelligence (AI) to disrupt industries and drive technological advancements, investors can consider these assets to sell as they could underperform in Q4.
The cryptocurrency landscape is always changing, and one altcoin that has recently caught the attention of traders is NEAR Protocol (NEAR). With its eyes set on a price target of $5.8, NEAR has been showing signs that it may be gearing up for a significant movement.
NEAR near-term price action is contingent on a few things working out.
Bitcoin (BTC) is currently heading higher. All eyes will be on the number one cryptocurrency as it paves the way for the crypto sector.
Only two assets were trading lower, including Aptos and Litecoin.
Internet Computer is not just another cryptocurrency; it represents a groundbreaking platform developed by the DFINITY Foundation. Its primary purpose is to facilitate the creation and hosting of dApps directly on the internet, which eliminates the need for traditional servers.
Uniswap joined Internet Computer as one of the weakest performers, falling 3.2%
The cryptocurrency market continued its strong start to the week, with almost all major cryptocurrencies in positive territory. Bitcoin (BTC) is up over 2% in the past 24 hours and briefly climbed above $66,000 before dropping to its current level of $65,500.
As of Q3 2024, CryptoRank stated that 3 million addresses were active every day on NEAR Protocol, making it a major player in the blockchain world. This huge number is higher than both Tron (2 million daily active addresses) and Solana (2.4 million daily active addresses) during the same time period.
Amid the recent volatility in the altcoin market, the Near Protocol shows a bearish reversal gaining momentum. With a bearish engulfing candle turning the tides, crucial supports are at risk. Will the bearish cycle in this altcoin result in a crash below $4 for an extended crash? Find out more about our NEAR price analysis.
As the AI crypto sector continues to grow, will NEAR form a bullish leg?
Researchers found a vulnerability in NEAR's peer-to-peer networking protocol that could have crashed any node, but it was patched before an attacker could discover it.
Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world's largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800.