{"id":72910,"date":"2026-05-22T09:35:45","date_gmt":"2026-05-22T09:35:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/near-protocol-coin-is-up-29-today-heres-why-the-near-price-is-rising\/"},"modified":"2026-05-22T09:35:45","modified_gmt":"2026-05-22T09:35:45","slug":"near-protocol-coin-is-up-29-today-heres-why-the-near-price-is-rising","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/near-protocol-coin-is-up-29-today-heres-why-the-near-price-is-rising\/","title":{"rendered":"Near Protocol coin is up 29% today: here\u2019s why the NEAR price is rising"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_2113481240-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_2113481240-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_2113481240-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/12\/shutterstock_2113481240-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>AI developments helped push NEAR Protocol trading volume over $1 billion.<\/li>\n<li>The price of NEAR coin broke above a multi-year bearish trendline.<\/li>\n<li>Eyes are now on the support at $2.20 and the resistance at $2.30 for the next move.<\/li>\n<\/ul>\n<p>NEAR Protocol surged nearly 29% in the last 24 hours, making it one of <a href=\"https:\/\/coinjournal.net\/compare\/fastest-growing-cryptocurrencies\/\">the strongest-performing large-cap cryptocurrencies<\/a> in the market today.<\/p>\n<p>The rally pushed the token to around $2.26 after trading as low as $1.73 earlier in the day.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-364960\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/05\/Near-protocol-price-chart.png\" alt=\"Near Protocol price\" width=\"1426\" height=\"727\"\/><\/p>\n<p>NEAR\u2019s trading activity also climbed sharply, with daily volume approaching $1 billion as momentum accelerated across major exchanges.<\/p>\n<h2>The reason why the Near Protocol coin price is rising<\/h2>\n<p>One of the biggest drivers behind the latest Near Protocol price jump is the growing interest in AI-focused blockchain projects.<\/p>\n<p>NEAR Protocol has increasingly been associated with the AI sector due to its recent product developments, including AI integrations, intent-based transactions, and tools designed for autonomous agents.<\/p>\n<p>The project <a href=\"https:\/\/x.com\/NEARProtocol\/status\/2056075192753926218?s=20\">recently highlighted<\/a> progress around its NEAR Legion project.<\/p>\n<p>The concept focuses on allowing AI agents to interact with blockchain networks, execute transactions, and coordinate activities without requiring constant human input.<\/p>\n<p>This narrative has gained traction as the broader technology sector shifts attention toward agentic AI systems.<\/p>\n<p>Notably, NVIDIA CEO Jensen Huang has repeatedly discussed the growing role of agentic AI in future software and computing systems.<\/p>\n<p>That trend has spilled over into the crypto market, where traders are now looking at blockchain networks that could support machine-to-machine transactions and decentralised AI infrastructure.<\/p>\n<p>NEAR Protocol has also expanded its Intents framework, which simplifies cross-chain interactions and transaction execution.<\/p>\n<p>The technology is designed to let users or AI agents specify desired outcomes rather than manually executing every transaction step.<\/p>\n<p>The market has responded positively to this development because it addresses one of crypto\u2019s biggest problems: user experience.<\/p>\n<p>Another development that attracted attention this week was the launch of PII anonymisation tools by NEAR AI.<\/p>\n<p>The feature is designed to improve privacy for large language model applications by protecting sensitive information before it reaches AI systems.<\/p>\n<p>Privacy-focused AI infrastructure has become an important discussion point as companies and developers face growing concerns around data protection and compliance.<\/p>\n<p>The AI angle around NEAR carries additional weight because of the project\u2019s leadership.<\/p>\n<p>NEAR co-founder Illia Polosukhin previously co-authored the \u201cAttention Is All You Need\u201d research paper, which introduced the Transformer architecture that powers modern AI models such as ChatGPT and Gemini.<\/p>\n<p>Analysts have increasingly pointed to this connection as evidence that NEAR\u2019s AI strategy is more than just branding.<\/p>\n<h2>Technical breakout and short liquidations accelerated the rally<\/h2>\n<p>Beyond the AI narrative, technical factors also played a major role in today\u2019s rally.<\/p>\n<p>NEAR recently broke above a multi-year descending trendline that had capped its price since the 2022 bear market.<\/p>\n<p>Analysts had been watching the $1.90 resistance zone closely because it acted as a ceiling during several previous recovery attempts.<\/p>\n<p>Once the token moved above that level, buying momentum accelerated rapidly.<\/p>\n<p>The breakout was accompanied by a sharp rise in trading volume, which is often viewed as confirmation that a move has strong market participation behind it.<\/p>\n<p>NEAR also reclaimed several major moving averages during the rally, improving the token\u2019s overall technical structure.<\/p>\n<p>Short liquidations added further fuel to the move. Data from derivatives markets showed that most crypto liquidations tied to NEAR over the past 24 hours came from short positions.<\/p>\n<p>As the price continued to rise, traders betting against the token were forced to buy back their positions, creating additional upward pressure.<\/p>\n<h2>NEAR price forecast<\/h2>\n<p>The Near Protocol token has gained nearly 60% in the last 30 days and is now up more than 43% over the past week.<\/p>\n<p>However, despite the rally, NEAR remains far below its all-time high of $20.44 reached in January 2022.<\/p>\n<p>The token is currently trading about 89% below that peak, although it has recovered more than 325% from its all-time low recorded in November 2020.<\/p>\n<p>Moving ahead, the first major support zone sits around $2.20.<\/p>\n<p>Holding above this level could help maintain bullish momentum in the near term. Below that, the $1.90 area remains important because it previously acted as a breakout resistance zone.<\/p>\n<p>On the upside, the immediate resistance range sits between $2.30 and $2.40 after the latest surge stalled near those levels.<\/p>\n<p>A decisive move above that region could open the door toward the psychological $3.00 level, which many traders are now monitoring as the next major target.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/near-protocol-coin-is-up-29-today-heres-why-the-near-price-is-rising\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) AI developments helped push NEAR Protocol trading volume over $1 billion. The price of NEAR coin broke above a multi-year bearish trendline. Eyes are now on the support at $2.20 and the resistance at $2.30 for the next move. NEAR Protocol [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":72911,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72910"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72910"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72910\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72911"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}