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NEAR Rockets 5% Amid Market Swings as Grayscale Embraces the Token

NEAR Rockets 5% Amid Market Swings as Grayscale Embraces the Token

Author:
Coindesk
Published:
2025-07-09 16:08:36
19
1

NEAR Surges 5% Despite Volatile Trading as Grayscale Adds 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.

|Square

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