Key Insights
- •NEAR price bounces from support as technical charts hint at a breakout toward multiple resistance levels.
- •NEAR’s TVL rises to $146.79M, showing steady capital inflow and recovery since the 2023 market drop.
- •NEAR Intents hits $10B in volume, becoming the fastest-growing cross-chain trading infrastructure in 2025.
NEAR Protocol may be preparing for a major price move after holding firm at a key support level. Analysts suggest that the recent bounce could set the stage for higher price targets in the coming months.
The current NEAR price is $1.73, with a 24-hour trading volume of over $156 million. The market has shown renewed interest, and bullish patterns are forming on the charts.
Technical Setup Shows Potential for Breakout
NEAR Protocol is showing signs of a potential price recovery after holding strong at a major support level. Analysts are pointing to technical patterns that may push NEAR toward the $8.00 mark in the coming months as support levels become a key area for accumulation.
Buyers appear to be entering the market gradually. This could indicate growing confidence among investors, especially those watching long-term trends. According to crypto analyst Jonathan Carter, the 3D chart shows a key technical structure forming with the lower boundary acting as a strong support zone.
Defensive buying at this level suggests that investors may be preparing for upward movement. The market is responding with cautious optimism, as volume grows and the trend appears to reverse. If the support level continues to hold, NEAR could push past resistance levels and start a new upward move.
On-Chain Data Shows Recovery and Growing Activity
According to DeFiLlama, NEAR’s Total Value Locked (TVL) stands at $146.79 million, showing gradual recovery since its decline in 2023. TVL had peaked near $500 million in early 2022 before dropping below $100 million. Since 2024, the protocol has seen moderate growth and stabilization in capital movement.
DEX trading volume also reflects this trend. After a quiet period from mid-2023 to early 2024, volumes picked up again. The DEX volume currently stands at $15.13 million, suggesting growing market activity. This increase in trading activity shows renewed interest from users and traders.
Meanwhile, NEAR Protocol’s team announced that NEAR Intents reached $10 billion in trading volume in 2025. According to NEARProtocol, this made it the fastest-growing infrastructure for cross-chain swaps. The team stated that intents is growing into a major venue for crypto trading. This growth could add momentum to NEAR’s price and increased usage of its infrastructure may bring more liquidity and attention to the ecosystem.