NEAR Protocol Poised for Bullish Surge Following Solana Network Integration

NEAR Protocol just landed a major network listing—and it's not on the exchange you'd expect. The smart contract platform secured a spot on the Solana blockchain, a move that could reroute liquidity and developer attention in its favor.

The Cross-Chain Play

This isn't just another exchange listing. Integrating with Solana's high-throughput network opens a direct pipeline to its vibrant ecosystem of decentralized applications and deep liquidity pools. NEAR bypasses the slow lane, plugging its sharded, proof-of-stake architecture into one of crypto's busiest hubs.

Developer Momentum Shifts

Watch for talent migration. Builders hunting for scalability beyond Ethereum's congested rails now have a clearer bridge between Solana's speed and NEAR's user-friendly account model. It cuts the friction for deploying cross-chain applications—no small feat in a space where interoperability often means compromise.

Market Mechanics in Motion

The listing acts as a forced discovery mechanism. Traders and liquidity providers anchored in the Solana ecosystem now have a frictionless on-ramp to NEAR's native token and its staking derivatives. It's a classic liquidity begets liquidity scenario—though whether it translates to sustained price action remains to be seen. After all, in crypto, a 'strategic partnership' is often just a fancy term for a temporary pump before the usual suspects take profits.

The closing argument? NEAR just upgraded its battlefield position. By aligning with Solana, it's not just seeking a bullish turn—it's engineering one.

NEAR’s Weak Bearish Momentum Signals Recovery

Technically, Over the last month, it can be seen that there was a clear downward trend in the value of the token, creating lower highs as well as lower lows. In the short term, the moving averages (20 MA and 50 MA) were below the respective long-term moving averages (100 MA and 200 MA), thus indicating the strength of the downward trend. However, a slight recovery took place around the $1.40 level, and current prices are around $1.55, with resistances at $1.67, $1.99, $2.31, and $2.40.

Source: TradingView

RSI (14) is at 39.55, which is near oversold regions, indicating that any selling momentum is slowing and that a pullback could be imminent. MACD is weak and slightly negative, with its line below the signal line, hinting that any fall momentum is also weak. Despite being under constant pressure to fall, both the RSI and a slight price rise indicate a possible recovery.

NEAR Eyes $1.44 Support for Possible Short-Term Bounce

Recently, the price had a slight bounce from the lower Bollinger Band at around $1.44, indicating possible support levels. As the midline, or the 20-day SMA, is at $1.67, it indicates that the price is still holding below the short-term average, thereby indicating continued bearish conditions.

Source: TradingView

The Awesome Oscillator indicates strong bear pressure, with the majority of the bars being red and below the zero line. The green bars correspond to small bullish instances that were not sustainable. The recent green bar indicates weakening bear pressure; however, it does not point to the end of the bear market. Key hurdles for NEAR are found around $1.67 and $1.90, with $1.44 acting as the support level.

Also Read: NEAR Protocol (NEAR) Eyes a $3 Target After Record 1M TPS and $7B Intents Surge