🚀 Why is NEAR rising while the market is falling?
While Bitcoin and Ethereum are retreating, NEAR Protocol confidently remains in the “green zone.” What is behind this?
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🔍 The main reason — institutional interest
📌 Bitwise launched the first ETP for staking NEAR in Europe (Xetra, Germany).
This product allows investors to earn on NEAR without the need to run wallets or nodes.
➡️ Essentially, this is similar to an ETF, but with staking.
📈 This news caused NEAR to rise to $2.36 before a slight profit-taking began.
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📊 Technical picture
• Support: $2.24
• Resistance: $2.36
• Volumes above average — a sign of not just a bounce, but real interest
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💬 What does this mean?
• Against the backdrop of a general market correction, NEAR has surged ahead on fundamental news
• Institutions have begun to enter through safe staking products
• This is likely just the beginning — such events often trigger new waves
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🧠 Conclusion
NEAR is one of the few altcoins that not only does not fall but also rises amid market weakness.
Institutions are entering → interest in the token is increasing → opportunities for continued growth are opening up.