ETH: 🚀 Near Protocol surged nearly 29% in the last 24 hours, making it one of the strongest-performing large-cap cryptocurrencies today! 👇

AI developments drove NEAR's price up over $1 billion trading volume and broke above a multi-year bearish trendline. Eyes are now on support at $2.20 and resistance at $2.30 for the next move 🎯

One of the biggest drivers is NEAR Protocol’s growing interest in AI-focused blockchain projects. They've been associated with the sector due to recent product developments like AI integrations and intent-based transactions.

The project's recent progress around its NEAR Legion project, which allows AI agents to interact with blockchain networks, adds weight to the narrative of future agentic AI systems. 👥

Privacy-focused tools by PII anonymisation also caught attention this week. The market has responded positively because it addresses one of crypto’s biggest problems: improving user experience 🗝️

Beyond the AI angle, technical factors played a major role in today's rally - NEAR broke above a multi-year descending trendline and reclaimed several moving averages. Short liquidations also added fuel to the move 💡

The Near Protocol token has gained nearly 60% in the last 30 days and is now up more than 43% over the past week. While still below its all-time high, recovery from its low point shows potential for further gains 📈

What do you think will be NEAR's next move? Should we prepare for a breakout toward $3.00 or stay cautious? 👇

#NEAR #AI #NEARProtocol #cryptomarket #cryptoinvesting