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.
THOR Chain's token, RUNE, has captured market attention with a swift 18% rebound following a sharp 33% drop. As volatility in the crypto market remains high, THOR Chain's price movement suggests renewed interest in RUNE, ignite discussions on whether the token can continue its recovery or if further consolidation is on the horizon.
It appeared more likely that RUNE would consolidate, allowing time for short liquidations to build up.
RUNE fell 15% but began recovery, with potential bottom at $4.50.
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.
Hedera was also among the top performers, rising 4.1% from Monday.
RUNE, the native token of the decentralized cross-chain liquidity protocol ThorChain, recently broke out of a falling wedge pattern after trading within it since its year-to-date high of $10.60 on March 13.
NEAR is at pivotal price point right now, and the next few days could be key.
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%.
With this partnership, you can trade your assets without needing a centralized exchange. With THORChain, users can exchange assets across different blockchains right from their Ledger Live Desktop app.
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.
NEAR could be on the verge of a significant upward move, but there are obstacles.
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.
TL;DR Ledger Integrates THORChain: Ledger has integrated THORChain into its Ledger Live app, enabling users to perform native swaps between Bitcoin and Ethereum directly within the app, enhancing security and user experience. Seamless Cross-Chain Swaps: This integration allows for seamless cross-chain swaps without relying on wrapped tokens or centralized exchanges.
The hardware wallet Ledger has just introduced native cross-chain swaps thanks to the latest integration of the THORChain network.
If you've ever wanted to trade something like BTC for ETH without jumping through hoops, now's your chance. Users can do it all directly from their Ledger device, keeping their assets safe.
Ledger will allow users to swap assets across chains in its app using the decentralized liquidity protocol THORChain.
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.
The Securities and Exchange Commission (SEC) has intensified its scrutiny of digital assets, particularly affecting RUNE Coin. The agency shared two critical filings related to Thorchain, the platform behind RUNE Coin, which have caused a significant decline in its price.
NEAR near-term price action is contingent on a few things working out.
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 $4 for an extended crash? Find out more about our NEAR price analysis.
As the AI crypto sector continues to grow, will NEAR form a bullish leg?
Researchers found a vulnerability in NEAR's peer-to-peer networking protocol that could have crashed any node, but it was patched before an attacker could discover it.
When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORchain ($RUNE) are among them.
THORChain's Q3 2024 report highlights new integrations, a focus on risk management, and strategic shifts towards the App Layer, enhancing the ecosystem's resilience and innovation.
AI coins have witnessed significant price gains alongside the Nvidia stock, which hit a six-week high with recent bullish developments for the company. These coins have a positive price correlation with the NVDA stock and could continue to rally with the tech company expected to make some bullish announcements at its summit which began today.
The NEAR protocol, a layer-one blockchain, is emerging as an advanced solution to address the main challenges in the cryptocurrency field, such as slow transactions and poor interoperability between different chains. Currently, NEAR is priced at $5.22 and has a market capitalization of $6.
The altcoin market is showing signs of a potential bullish breakout, with Chainlink hinting at a market upswing.
NEAR price action makes for one of the most robust altcoins in the crypto market right now. The NEAR protocol has been making significant strides in the blockchain space, and recent developments highlighted by the On-chain analytics platform Our Network suggests that NEAR is ready to hit $10 by the end of the year.
An analyst has identified a bearish pattern on the USDT dominance chart which now signals an impending rally for the altcoin market
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.
AI and big data tokens lose ground, with NEAR suffering the biggest hit amid a broader market decline.