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.
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.
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%.
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.
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.
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.
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.
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.
With BTC's price holding its value above the $64k level, the market has experienced increased bullish action. Moreover, the memecoin and AI categories have recorded the highest gains within a short period.
NEAR Protocol has seen remarkable bullish momentum over the past two weeks, with its price surging by more than 50%. Despite facing resistance at a key price level, the altcoin remains well-positioned for further gains.
NEAR Protocol has been one of the standout performers in the crypto market recently, posting remarkable gains and drawing the attention of investors. Over the past week, NEAR has surged by 34.5%, and it continued this momentum with a 12% increase in just the last 24 hours, as reported by Coin Market Cap.
Uniswap joined NEAR Protocol as top performer, gaining 3.9%.
A crypto strategist closely followed for well-timed altcoin predictions thinks one Ethereum (ETH) challenger is ripe to ignite big upside bursts. Pseudonymous analyst Bluntz tells his 275,500 followers on the social media platform X that Near (NEAR) has taken out the diagonal resistance of a falling wedge pattern on the three-day chart.
Near Protocol (NEAR) has been making significant strides in the cryptocurrency market, thanks to its unique features such as high transaction speeds, low fees, and a commitment to climate neutrality. Currently trading at approximately $5.17, NEAR has attracted considerable attention from investors seeking promising opportunities.
NEAR's recent rally has catapulted it to the forefront of the week's top-performing cryptocurrencies.
Check out which cryptocurrencies were involved in the most discussions on September 23.
NEAR extends its 50% gain as user activity, network TVL and a critical network upgrade boost interest in the blockchain.
Artificial intelligence cryptos stole the show today as Bitcoin retraced from the crucial resistance at $64K. The total market capitalization of all AI digital assets increased by 10.7% in the past day to $29.9 billion, with 24-hour trading volume above $2.5 billion, according to CoinGecko data.
Bitcoin remained steady above $63,000 on Tuesday, showing resilience after a brief rejection above $64,000. Despite minor fluctuations in the broader cryptocurrency market, Bitcoin held firm, while altcoins like Cardano and NEAR Protocol surged, leading gains by up to 7%. In the past 24 hours, Bitcoin dipped slightly by 0.2%, trading around $63,400.
NEAR Protocol is currently one of the top performers in the market, with bulls aiming to capitalize on the uptrend to break through a key psychological barrier.