NEAR Protocol Price Pullback Sets the Stage
NEAR Protocol is sitting around $2.75, down 3% after breaking support near $2.73. The coin had been holding a range near $2.84 before the breakdown, but traders are watching closely. If NEAR can reclaim $2.83, it could trigger a double-bottom reversal. Its fundamentals remain strong, including 98% circulating supply and ~12,000 TPS across over 300 validators.
Developers are still showing strong interest in NEAR, thanks to its AI-friendly architecture and modular setup. Though the short-term price action leans cautious, a sentiment shift could push the price back up.
While NEAR offers long-term potential, this short-term weakness may limit upside compared to faster-moving names. Those looking at the best crypto to buy today may find NEAR too early for strong momentum.