NEAR Rockets 5% Amid Market Swings as Grayscale Embraces the Token
NEAR defies crypto volatility with a sharp 5% surge—just as Grayscale decides it's portfolio-worthy. Institutional validation or another case of 'buy the rumor, sell the news'? You decide.
Why this matters: When Grayscale sneezes, the altcoin market catches a cold. Their latest move—adding NEAR to their lineup—sent shockwaves through trading desks. Never mind that most fund managers still can't explain how Layer 1 protocols work.
The cynical take: Another day, another token riding the coattails of institutional interest until the next shiny object appears. But for now, NEAR holders are laughing all the way to the decentralized bank.