NEAR Rebounds 6.9% as Market Sentiment Shifts Bullish After Decline

NEAR Protocol Rallies 6.9% Amid Surge in Institutional Interest and Key Technical Breakout

NEAR Protocol (NEAR) posted a notable 6.9% gain over the past 24 hours, advancing from a low of $2.61 to close at $2.79 by 12:00 UTC on July 25. The move came amid elevated volatility and renewed signs of accumulation by institutional traders.

The trading session was marked by a sharp rebound during the final hour, following a brief dip to $2.77. NEAR climbed 0.7% between 11:10 and 12:09 UTC, reversing earlier weakness and reclaiming intraday highs. The price action unfolded in two phases — initial stabilization near $2.78, followed by a selloff and quick recovery.

The recovery was triggered by a volume surge exceeding 123,000 NEAR, pushing the token through short-term resistance levels and signaling potential large-player entry. NEAR’s ability to hold above the $2.60 support and reclaim session highs points to renewed bullish sentiment.

Analysts are now eyeing a retest of the $2.83 resistance zone. If breached, it could open the door to a broader uptrend. Longer-term outlooks remain constructive, with projections ranging from $1.95 to $9.00 for 2025, and upside potential extending to $71.78 by 2030. Institutional interest is expected to grow further amid ongoing developments in NEAR’s cross-chain integration with Solana and TON.

Technical Summary:

• 24-hour trading range: $2.61 – $2.79
• Intraday swing: 8.5% volatility between session low and projected $2.83 resistance
• Support confirmed: $2.61 with strong volume above 3.18 million NEAR
• Breakout trigger: 123,000+ NEAR traded in the final hour
• Trend: Higher lows and sustained accumulation signal bullish continuation
• Immediate target: Resistance at $2.83