Prices Double After Near Protocol’s 93% Rally in a Month: This is Why

Near Protocol (NEAR), a cryptocurrency, is currently experiencing a price surge. NEAR traded at $1.30 early in May and it has since more than doubled, reaching $2.72 on May 26th 2026. According to CoinGecko data, NEAR’s price has rallied by 14.2% in the last 24 hoursNearly 70% of the price has risen in the past week. The 14-day chart shows 76.5% and the month prior 93.5%. What could be driving Near Protocol’s price (NEAR) amid the bearish market?

Why is the Protocol price rally accelerating and will it continue?

Near Protocol (NEAR), a cryptocurrency based on AI, is a new currency. Price surges could be attributed to a global AI revolution that is sweeping the globe. Nvidia is a prime example of AI stocks and platforms that are experiencing tremendous growth. Near Protocol’s blockchain hosts several AI applications. This factor appears to be the primary reason for its recent price increase. Near Protocol is a blockchain that allows AI agents operate across supported chains, engage in decentralized marketplaces, and secure their wallets and assets.

A larger AI boom could lead to a price rise for Near Protocol (NEAR). This may continue in the days ahead. The cryptocurrency market is not without its risks. Bitcoin (BTC), which is the leader of the cryptocurrency market, struggles to gain traction. BTC fell from $82,000 to $76,000. BTC corrections often cause other assets to lose steam. NEAR may follow the same trajectory. Investors can book their profits and transfer funds into safer assets.

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Moreover, investors continue to be concerned by macroeconomic uncertainties. The US inflation data came out higher than expected, and chances of a rate cut remain very slim. This could cause investors to steer clear of high-risk investments, like Near Protocol (NEAR). This could cause a correction in the price of AI-focused cryptocurrency.