NEAR Protocol’s (NEAR), which is based on artificial intelligence, showed strength Friday. It rose 34% in the past 24 hours, to $2.32. This rally was fueled by NEAR’s upgraded network and NVIDIA’s optimistic revenue forecast.
NEAR’s price is 50% higher today than it was seven days earlier. It has also gained a staggering 115% during the past ninety days.
The key takeaways
- NEAR prices surged 50 percent in 7 days to six-months highs. AI crypto tokens enjoyed strong market movement.
- NEAR Protocol updates focused on AI privacy and scaled boosted investor trust and trading volume over $1 billion.
- The breakout of a wedge pattern that has been in place for several years puts $5.75 on the radar if NEAR can clear resistance between $2.60 to $3.
NEAR prices rally to 6-month highs
TradingView’s data indicates that NEAR started its recovery Monday. The stock rose by 58% on Friday to reach a new six-month low of $1.48, before rising another 58% on Saturday.
NEAR has seen its price increase accompanied by a significant rise in trading volume. Its last-day volumes have increased 190% from $1.15 to $2.19 billion, indicating the increasing intensity of its buyers.
NEAR/USD chart daily Source: Cointelegraph/TradingView
Jump in altcoin price above $2.30 triggered over $9.85 million In short, liquidations were made as bettors who had been betting against price fell victim to the unexpected.
Gains come later NEAR Protocol announced Major upgrades focus on privacy, AI, and network scaling.
Source: X/NEAR protocol
Aurora is the Ethereum compatible scaling solution built upon NEAR. announced Update of Aurora Intents. This update introduced ADI Chain, a new point of entry, allowing users to experience smoother swaps, deposits and application flow across chains.
Source: Aurora
The NEAR Protocol is a growing ecosystem that has seen a lot of progress in recent years. This could lead to heightened demand for NEAR tokens and blockspace.
AI tokens near price increases as they recover
NEAR isn’t the only AI token that has outperformed the market. Other cryptocurrencies within the AI industry have also seen impressive gains over the past 24 hours, such as Grass, OpenServe, and Artificial Superintelligence Alliance. These cryptocurrencies have gained 27%, 21 %, and 11 % respectively.
Top AI Tokens are ranked by their market capitalization. Source: CoinMarketCap
Noteworthy, AI tokens have also seen a surge. increase in their total market value. Market capitalization for AI and Big Data crypto projects, tokens and coins has increased by 8% within the last 24 hours and reached $21.44 Billion at the moment of publication.
The market capitalization, volume and value of AI tokens. Source: CoinMarketCap
The positive signal from Nvidia’s AI leadership fueled the sector’s growth. revenue forecasts. Nvidia, which maintains an 81–90% share of the AI accelerator market, reported massive profits of approximately $81.6 billion in Q1 2026 and raised its projected revenue opportunity through 2027 to $1 trillion.
Source: X/Cointelegraph
Nvidia’s events are known to trigger strong increases in the NEAR coin price. In February 2018, the altcoin rose 58% in response to the earnings announcement for Q4 of 2025.
What is the highest price that NEAR can go?
NEAR has recently broken out of the multi-year falling wedge, which had been capping its price since mid-2024.
On the weekly chart, you can see that the NEAR/USD pairs is currently facing stiff resistance in the supply zone between $2.60 and $3.00, where the major moving averages are located.
If the wedge breaks above $5.75 (roughly 160% higher than the current price), the way will be cleared to the target measured at the level of the wedge. The relative strength indicator has increased from 63 to indicate increasing upward momentum.
NEAR/USD weekly charts Source: Cointelegraph/TradingView
In an X post on Tuesday, MN Capital founder Michael van de Poppe said NEAR displays “one of the most bullish charts” In the market, saying that it was likely to continue as long $1.40 would be a strong support.
“The first real resistance zones for $NEAR are at $2 and $2.25-$2.50,” Van de Poppe said Additions to the post were made on Thursday. “it’s clearly trending higher,” With the next target close to $2.75.
NEAR/USD Daily Chart Source: X/Michael van de Poppe
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Source: cointelegraph.com
