NEAR Protocol’s native token climbed roughly 50% over seven days, hitting $2.34 and notching a six-month high. The move puts NEAR at the front of a broader rally across AI-themed crypto tokens.
Trading volumes peaked above $1 billion during the hottest days of the surge, and short liquidations exceeded $9 million.
What’s driving the move
Positive sentiment around Nvidia’s revenue outlook sent a wave of enthusiasm through AI-adjacent tokens. FET and WLD both posted double-digit gains during the same window, but NEAR outpaced them all.
BitMEX co-founder Arthur Hayes named NEAR as part of his “holy trinity” of altcoins, alongside HYPE and ZEC.
