NEAR (NEAR Protocol) increased by 7.94% in 24 hours.

Gate News Bot news, July 11, according to CoinMarketCap, as of the time of writing, NEAR (NEAR Protocol) is currently priced at $2.52, having risen 7.94% in the last 24 hours, with a high of $2.53 and a low of $2.10. The 24-hour volume reached $202 million. The current market capitalization is approximately $3.107 billion, an increase of $229 million compared to yesterday.

NEAR is a modular high-speed protocol designed for AI, enabling AI to take actions, trade, coordinate, and evolve on behalf of users. On NEAR, AI interacts with users as the front end and executes intentions, while the blockchain serves as the back end handling identity, trust, and data. NEAR simplifies the blockchain user experience, with agents defining outcomes, while NEAR processes cross-chain routing, signing, and execution in the background. NEAR's dynamic sharding system provides globally scalable performance, achieving final confirmation within 600 milliseconds, designed for low latency, parallel execution, and supporting thousands of concurrent agents.

Important news about NEAR recently:

1️⃣ Volume surge drives price rise NEAR Protocol has experienced a significant rise in volume over the past 24 hours, driving its price up by 5%. This increase in trading activity reflects the market's growing interest in NEAR, possibly related to its recent advancements in the integration of AI and blockchain.

2️⃣ Breakthrough key resistance level NEAR Protocol successfully broke through the key resistance level of $2.19, with volume simultaneously surging by 61%. This technical breakthrough brings positive signals for NEAR's short-term trend, indicating that buyer strength is increasing.

3️⃣ Bitwise launches NEAR staking ETP Bitwise has launched a new NEAR staking ETP (Exchange Traded Product), providing institutional investors with a more convenient way to participate in the NEAR protocol. The launch of this financial product helps to increase NEAR's market exposure and liquidity, and may be one of the important factors driving the recent price rise.

From a technical perspective, NEAR's price has broken through multiple resistance levels, demonstrating strong upward momentum. On the fundamental side, the continuous innovation of the NEAR protocol in the integration of AI agents and blockchain technology, along with the launch of new financial products, has collectively supported its market performance. However, investors still need to be wary of the volatility risks in the overall cryptocurrency market.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.