NEAR Skyrockets on Wall Street’s Crypto Craze—Smashes Resistance Before Wild Correction

Institutional money floods NEAR as it punches through key technical barriers—only to face the crypto market's signature volatility.

Wall Street's latest flavor of the month

The blockchain platform became a sudden darling of hedge funds and family offices this week, with on-chain data showing seven-figure inflows. That institutional appetite sent NEAR soaring past a critical resistance level that had held since May.

Gravity always wins

The rally didn't last—because in crypto, nothing ever does. After a 48-hour bull run that had traders dusting off their 'to the moon' memes, NEAR gave back half its gains in a classic crypto tantrum. Analysts blame overleveraged retail traders (as usual) and a well-timed Bitcoin dip (also as usual).

Just another day in digital asset markets—where the only certainty is that your stop-loss will get hunted.