NEAR Protocol surged thirty-four percent in a single day

Economy
0
NEAR Protocol aktivi bir sutkada o'ttiz to'rt foizga qimmatlashdi
On Friday, NEAR Protocol’s digital asset demonstrated strong growth momentum, rising 34% in the last 24 hours to reach $2.32, according to Zamin.uz.

The increase was driven by recent network upgrades and NVIDIA’s positive financial outlook, particularly among projects focused on artificial intelligence technologies. At present, the asset’s price is 50% higher than a week ago and 115% above its level three months ago.

These figures are being monitored by influential publications. According to exchange analysts, the price recovery began on Monday and, by Friday, had climbed to the six-month high of $2.34.

Alongside the price rise, trading volume also saw a significant increase. Over the past day, trading turnover surged by 190%, reaching $1.15 billion.

This reflects heightened buyer activity and sustained interest in the project. As the token’s price moved above the $2.30 level, over $9.85 million in short positions were liquidated.

The growth followed a series of major announcements from the NEAR Protocol team, including privacy enhancements, AI integration, and network capability expansions. Additionally, the Aurora solution—built on NEAR and compatible with Ethereum—launched new services, further simplifying cross-chain operations.

NEAR was not alone in its gains; other AI-related digital assets also performed well. Notably, Grass rose 27%, OpenServe increased by 21%, and the Artificial Superintelligence Alliance gained 11%.

Overall, the market capitalization of crypto projects focused on artificial intelligence and big data processing rose by 8% in one day, reaching $21.44 billion—indicating growing investor confidence in this sector.

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