NEAR Protocol Price Surge: Institutional Momentum and Bullish Breakout Signals
The post NEAR Protocol Price Surge: Institutional Momentum and Bullish Breakout Signals appeared on BitcoinEthereumNews.com.
Iris Coleman
Jul 12, 2025 03:33
NEAR Protocol surges to $2.54, fueled by institutional adoption and bullish momentum. With a potential breakout to $3.50, traders eye technical signals and market trends.
1. Executive Summary NEAR Protocol (NEAR) has shown significant market activity this week, driven by institutional developments and technical milestones. With its current price at $2.54, NEAR is gaining traction among traders and investors as it builds momentum toward key resistance levels. Recent news, including the launch of NEAR’s staking ETP and technical scalability announcements, has created a cautiously optimistic outlook for the token. However, exchange delistings and broader market volatility remain risks. 2. Recent Market Developments
July 4, 2025 – Institutional Adoption BoostThe launch of the Bitwise NEAR Staking ETP on Deutsche Börse Xetra marks a turning point for NEAR Protocol. By offering regulated access to NEAR staking rewards, this development has catalyzed institutional interest, contributing to a 7.6% price surge.
July 7, 2025 – Breaking Resistance at $2.19NEAR broke past the $2.19 resistance level with a 61% jump in trading volume, signaling strong market demand.
July 9, 2025 – Continued Price ActionNEAR climbed to $2.35 following the launch of Bitwise’s ETP, gaining 4.49% in daily trading. This momentum sets the stage for further bullish action.
July 10, 2025 – Bullish Momentum and Scalability GoalsNEAR Protocol surged 4.40% to $2.35, with analysts pointing to institutional adoption and AI-focused blockchain scalability. Additionally, NEAR aims to achieve 1 million transactions per second (TPS), positioning itself as a leader in supporting AI-driven applications.
July 11, 2025 – Security Incident AvertedSecurity researchers closed a critical backdoor that could have compromised over $10M in DeFi protocols, including platforms linked to NEAR.…
Filed under: News - @ July 12, 2025 3:25 pm