near now 4.43u, only by mid-September 2.2, after more than a week it surged to 4.63—more than doubled.
This wave is genuinely driven by real activity. Its cross-chain exchange intent system has been scaling up, and the cumulative matched volume is close to three hundred billion USD. A couple of days ago it also took a ZEC-themed auction order—one deal routed nineteen million. Along with a bunch of privacy coins, it’s been getting heated up over these past two days. The confidential locked amount also climbed to around 190 million. Leveraged perpetual contracts also just launched not long ago.
The sky transfer order got forcefully blown out the other day—adding more fuel.
In Jan 2022 it once briefly touched above 20. Now it has fallen by nearly 80%. After this run is done, it basically only comes back to a fraction.
If it drops back below 2.2, then all this effort was for nothing. If it holds and moves up, the line at 4.63 is the month’s high so far—hit it and we’ll see. With how violently it’s risen, a pullback is normal. #near $NEAR
This wave is genuinely driven by real activity. Its cross-chain exchange intent system has been scaling up, and the cumulative matched volume is close to three hundred billion USD. A couple of days ago it also took a ZEC-themed auction order—one deal routed nineteen million. Along with a bunch of privacy coins, it’s been getting heated up over these past two days. The confidential locked amount also climbed to around 190 million. Leveraged perpetual contracts also just launched not long ago.
The sky transfer order got forcefully blown out the other day—adding more fuel.
In Jan 2022 it once briefly touched above 20. Now it has fallen by nearly 80%. After this run is done, it basically only comes back to a fraction.
If it drops back below 2.2, then all this effort was for nothing. If it holds and moves up, the line at 4.63 is the month’s high so far—hit it and we’ll see. With how violently it’s risen, a pullback is normal. #near $NEAR
