The altcoin mentioned in the news on October 9, 2026, is NEAR Protocol (NEAR). According to market reports, NEAR rose about 138% in 30 days, surpassing Stellar (XLM) in market capitalization and entering the top 20 cryptocurrencies.
Why is NEAR surging?
NEAR Intents: A protocol that enables asset swaps and transfers between blockchains, with reported cumulative trading volume exceeding $31 billion.
Institutional interest: Bitwise’s NEAR investment product was listed on NYSE Arca, giving investors exposure to the token’s price movements.
Market momentum: The price rally attracted attention and speculative inflows, helping push NEAR’s market capitalization to around $7.2 billion at the time the article was published.
Why is NEAR surging?
NEAR Intents: A protocol that enables asset swaps and transfers between blockchains, with reported cumulative trading volume exceeding $31 billion.
Institutional interest: Bitwise’s NEAR investment product was listed on NYSE Arca, giving investors exposure to the token’s price movements.
Market momentum: The price rally attracted attention and speculative inflows, helping push NEAR’s market capitalization to around $7.2 billion at the time the article was published.