On May 8, 2025, the NEAR currency experienced overall positive performance. After trading around the $7.5 mark at the beginning of the day, a gradual increase in its price was observed, reaching approximately $8.2 on some platforms.

This continuous rise reflects the growing interest in the NEAR project and the technologies it offers. NEAR is a decentralized protocol aimed at building an open internet. It features a technology called "Sharding" known as "Nightshade," which aims to increase transaction speed and scalability of the network.

In terms of activity, the NEAR ecosystem is witnessing remarkable growth in the number of decentralized applications (dApps) and projects built on it, increasing the demand for the NEAR currency used to pay transaction fees and secure the network through a staking system.

As for trading volume, NEAR recorded good activity today across various trading platforms, indicating interest from investors and traders. NEAR maintains its position among the top cryptocurrencies in terms of market capitalization.