Market Overview

NEAR Protocol has shown significant growth, rising from $2.60 to $2.68 in just 24 hours, reflecting an impressive 45% increase since June 17. This upward trend underscores a surge in optimism across altcoins.

• Bitwise Investment’s AI-driven initiatives are propelling this momentum, focusing on “billions of AI agents” managing capital, thus boosting the overall sector’s market cap to $33.64 billion.
• Key trading markers identified include resistance levels from $2.70 to $2.72, with support around $2.56 to $2.62, and trading volumes hitting peaks of 5.81 million tokens.

Key Takeaways

• NEAR Protocol’s price increase exemplifies underlying strength in the altcoin market.
• The overall trading activity displays promising signs of sustained growth.

NEAR/USD (CoinDesk Data)

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