NEAR Protocol has recently experienced a notable 6.7% rise, leading the CoinDesk 20 Index higher, despite facing significant institutional selling that caused volatility in its price. The protocol's price fluctuated between $2.78 and $3.05, ultimately stabilizing at $2.82, as heavy selling pressure was offset by increased user activity, a network upgrade, and a 50% gain over the past month. These developments highlight the resilience and growing interest in NEAR, driven by strategic enhancements and increased engagement from the crypto community.
Additionally, the ecosystem is expanding with the Orderly Network securing $20 million to enhance decentralized applications on NEAR, aiming to improve liquidity and user experience. Founders Illia Polosukhin and Kain Warwick are working on redefining the DeFi landscape by reducing fragmentation and enhancing user journeys. Despite some negative publicity from an ex-manager's misconduct, NEAR Protocol remains focused on innovation and strategic growth, positioning itself as a significant player in the blockchain space.
NEAR Protocol: Navigating Market Volatility and Growth
September 18, 2025
1 min read
NEAR Protocol has recently experienced a notable 6.7% rise, leading the CoinDesk 20 Index higher, despite facing significant institutional selling that caused volatility in its price. The protocol's price fluctuated between $2.78 and $3.05, ultimately stabilizing at $2.82, as heavy selling pressure was offset by increased user activity, a network upgrade, and a 50% gain over the past month.