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NEAR Protocol’s Bullish Surge: Binance Listing Fuels $5.82 Breakout Potential

NEAR Protocol’s Bullish Surge: Binance Listing Fuels $5.82 Breakout Potential

Published:
2025-11-08 11:09:07
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NEAR Protocol (NEAR) has experienced a significant price surge, jumping 39.53% in the past 24 hours to trade at $2.79. This bullish momentum is supported by a staggering 346.55% increase in trading volume, reaching $1.3 billion, while its market capitalization has risen sharply to $3.57 billion, up 39.79%. The recent listing on Binance and the integration of NEAR's on-chain financial data have played pivotal roles in this upward trajectory, enhancing transparency and attracting investor interest. With strong momentum and growing adoption, NEAR Protocol is now eyeing a potential breakout towards $5.82, marking a new milestone in its market performance.

NEAR Protocol (NEAR) EYES $5.82 Breakout After Binance Listing

NEAR Protocol (NEAR) has surged 39.53% in the past 24 hours, demonstrating strong bullish momentum. The token is now trading at $2.79, backed by a 24-hour trading volume of $1.3 billion—a 346.55% increase from the previous day. Market capitalization has risen sharply to $3.57 billion, up 39.79%.

Binance's integration of NEAR's on-chain financial data marks a significant step toward transparency. Users can now track real-time metrics such as network health and asset flow directly on the platform. This development bolsters investor confidence and underscores the growing importance of fundamentals in crypto valuation.

A technical breakout pattern suggests potential upside toward the $3.40–$5.80 range. The rally follows Binance's listing, which has amplified trading activity and visibility for the protocol.

CZ Denies WLFI Deal, Says Trump Pardon Independent

Binance founder Changpeng Zhao has dismissed rumors of any backroom dealings involving World Liberty Financial or the TRUMP family in relation to his recent pardon. In an interview with Fox News, CZ categorically denied having any agreements with Trump's sons or WLFI, a firm linked to the former president's family.

The speculation arose following CZ's pardon, with critics suggesting Binance may have sought political influence. "These claims are completely false," CZ stated, emphasizing he never met or conducted business with Trump or his sons. His legal team filed the pardon petition months before its approval, with no direct communication during the process.

Former President Trump maintained the decision was based on fairness, calling previous actions against CZ excessive. While praising Trump's pro-crypto stance, CZ pledged to support U.S. leadership in blockchain innovation—a MOVE that could bolster market sentiment toward crypto-native firms.

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