Bitwise investment director Matt Hougan projects a base price for the #NEAR token of US$155 for 2030, with a maximum cap of US$563. This has generated considerable attention in the crypto ecosystem, especially coinciding with the filing of his final prospectus for a spot NEAR ETF in the United States. Hougan’s report also includes a downside scenario in which the price could retreat to the US$1.63 range if market conditions or adoption fail.

These types of long-term valuations are part of the institutional investment thesis that accompanies the launch of new regulated financial products, such as spot ETFs, for digital assets beyond Bitcoin and Ethereum.