Near Protocol (NEAR) surged 26% over two days, bouncing 17% in a single day followed by an additional 9%, after NYSE Arca approved Bitwise’s ETF under the ticker NRR, with Coinbase as custodian. Bitwise’s filing projects a base price of $155 by 2030, with a maximum case of $562 and a bear case of $1.63. Near Intents ecosystem reached a new all-time high in TVL at $249 million, while the protocol continues burning 70% of base-layer gas fees, reducing circulating supply. Despite this bullish momentum, buyers struggle to hold the price above $5 due to profit-taking, with over 760,000 NEAR sold on Binance USDT spot market.
Source: Read the original article
