NEAR Protocol (NEAR) has reclaimed a key support zone, signaling renewed accumulation and improving market structure. Rising liquidity and increasing protocol usage point to stronger fundamentals and growing demand. Momentum appears to be building for the NEAR price, but further confirmation is still needed for a sustained bullish continuation.
At the time of writing, NEAR is trading at $2.17 with a 24-hour trading volume of $233.95 million and a market capitalization of $2.83 billion. Following the 1.38% gain over the last 24 hours, the NEAR price structure and TVL growth suggest a bullish reversal ahead.
Source: CoinMarketCap
Also Read: NEAR Price Target $4 as Bulls Defend Key Support Zone Amid Market Uncertainty
NEAR Price Reclaims Key Support, Eyes $10 Rally
According to the crypto analyst Aman, the NEAR price has recently reclaimed a multi-year support zone that previously acted as a foundation for major rallies.
This area has historically attracted strong accumulation, where selling pressure fades and buyers gradually regain control. The NEAR price behavior suggests renewed strength, hinting that sentiment may be shifting from distribution toward an early-stage accumulation phase beginning to form structure.
Source: Aman’s X Post
After the successful structural retest, the NEAR price may expect an upcoming trend towards the higher levels of resistance, which would be indicative of the $8 to $10 range as a possible long-term target.
However, it remains to be seen whether this will happen or not, since market situation and liquidity flow are the final determinant factors for the NEAR price breakout.
NEAR Intents TVL Surges 43x in 90 Days
The data from NEAR Protocol further highlighted that TVL in Confidential NEAR Intents has increased by 43 times in just 90 days, clearly indicating the emergence of new liquidity dynamics in the NEAR Protocol environment.
It can be seen that capital is now preferring confidentiality-based routes of settlement over public ones for transactions, turning a seemingly straightforward metrics issue into an actual demand one.
Source: NEAR Protocol’s X Post
The spike doesn’t indicate a showy surge but rather an indication that the pipeline has matured, with liquidity driven by intent being put to use for actual execution, creating value and increasing the earnings potential of the protocol.
The more the pipeline fills up, the more NEAR is guiding private settlement systems towards becoming an engine for demand creation.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: NEAR Price Eyes $2.50 Target as Confidential TVL Surges 1,200% in 90 Days
