#NEARRisesNearly80%InAWeek NEAR just had a monster week - up nearly 80% in 7 days.
From around *$2.20 to ∼$4.20-$4.29*, making it one of the top performing majors this week. As of yesterday it was trading around $4.29, up 78.2% weekly and 22% in 24h alone, while total crypto market cap was only up ∼6%. d436
What's driving it:
*1. Confidential Perps launch on near.com*
On Thursday, NEAR made deposits/withdrawals for perpetual futures trading confidential by default. It cuts the visible link between your funding wallet and your dedicated Hyperliquid trading account. You get 50+ perp markets, up to 40x leverage, and you can fund from 35+ chains. d436
*2. NEAR Intents exploding*
The cross-chain swap layer that matches users with market makers just neared $30B in cumulative volume. $29.3B total with $842M in the last 7 days alone. One report put weekly Intents volume over $1B. 3064b86296b3
*3. On-chain metrics flipping*
- TVL nearing $190M after rebounding from early 2026 lows, with DEX volume ∼$84M in 24h
- 52,000+ active addresses
- Confidential TVL on near.com crossed $70M, triggering the first snapshot for the NEAR@3.33 incentive program - 333,333 milestone tokens that unlock when NEAR's 3-day VWAP hits $3.33 e3e6411fd436
Technically, NEAR broke a multi-year descending trendline and cleared $2.80-$3.00 resistance. That zone is now support. Traders are watching the $4.10-$4.40 supply zone - a weekly close above it opens $4.80-$5.00, but after an 80% vertical move a retest of $3.30-$3.50 is also on the table. 937a
Not financial advice, but this isn't just meme momentum - it's privacy trading + real cross-chain volume.#StakeStone
From around *$2.20 to ∼$4.20-$4.29*, making it one of the top performing majors this week. As of yesterday it was trading around $4.29, up 78.2% weekly and 22% in 24h alone, while total crypto market cap was only up ∼6%. d436
What's driving it:
*1. Confidential Perps launch on near.com*
On Thursday, NEAR made deposits/withdrawals for perpetual futures trading confidential by default. It cuts the visible link between your funding wallet and your dedicated Hyperliquid trading account. You get 50+ perp markets, up to 40x leverage, and you can fund from 35+ chains. d436
*2. NEAR Intents exploding*
The cross-chain swap layer that matches users with market makers just neared $30B in cumulative volume. $29.3B total with $842M in the last 7 days alone. One report put weekly Intents volume over $1B. 3064b86296b3
*3. On-chain metrics flipping*
- TVL nearing $190M after rebounding from early 2026 lows, with DEX volume ∼$84M in 24h
- 52,000+ active addresses
- Confidential TVL on near.com crossed $70M, triggering the first snapshot for the NEAR@3.33 incentive program - 333,333 milestone tokens that unlock when NEAR's 3-day VWAP hits $3.33 e3e6411fd436
Technically, NEAR broke a multi-year descending trendline and cleared $2.80-$3.00 resistance. That zone is now support. Traders are watching the $4.10-$4.40 supply zone - a weekly close above it opens $4.80-$5.00, but after an 80% vertical move a retest of $3.30-$3.50 is also on the table. 937a
Not financial advice, but this isn't just meme momentum - it's privacy trading + real cross-chain volume.#StakeStone
