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Dimitar Dzhondzhorov

NEAR Protocol Jumps 12% as Confidential Intents Launch Sparks AI and DeFi Hype

NEAR Protocol rose about 12% in the last 24 hours, lifting its price to around $1.35 and market capitalization above $1.7 billion, placing it 44th among cryptocurrencies. The rally followed the launch of the Confidential Intents upgrade, which enables private DeFi transactions, and drew praise from several analysts who highlighted NEAR's AI and privacy-focused capabilities. Some traders see a bullish chart pattern forming, while others point to an overbought RSI above 70 that could signal a near-term pullback.
NEAR
NEAR+0.60%
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