NEAR Protocol Surges Ahead with New Partnerships and Developments: Is it a Market Leader?
NEAR Protocol: A Potential Market Leader
As the crypto industry continues to experience a bull run, NEAR Protocol (NEAR) has been making significant strides with new partnerships and developments. Analysts are optimistic about the token’s potential for a massive surge.
Analysts Bullish on NEAR’s Performance
World of Charts recently identified a bullish flag pattern on NEAR’s monthly chart, predicting a 60-65% bullish wave if a successful breakout occurs. NEAR tested the $7.00 resistance level earlier this week, reaching above $7.50 before retracing.
Another analyst, Bluntz, has also been closely monitoring NEAR’s performance and considers it one of the top performers in the cryptocurrency market. He predicts further price movements towards $14-$15 and labels NEAR as a “market leader.”
Network Expansion and Price Surge
NEAR Protocol, known for its user-friendly and carbon-neutral blockchain, has seen a significant increase in total value locked (TVL) and collaborations with other projects. Recent partnerships with NodeKit, TrueZK, Lulo X, and Peersyst Technology aim to redefine digital finance parameters.
Despite being down from its all-time high, NEAR has shown remarkable performance during this bull run, with a 146% increase in the last three months. The token’s daily trading volume and market capitalization have also seen positive growth.
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