NEAR Protocol Drives $130 Million Swap Surge to Storm $5 Level
NEAR's chain-abstraction protocol just absorbed $130 million in daily swaps as token testing key $5 resistance.
AI summary
NEAR Protocol's chain-abstraction system processed $130 million in daily swap volume, a sign of rising on-chain activity on the network. The token is now testing the key $5 resistance level, a technical barrier traders are watching for a potential breakout. Higher swap volume can support price momentum, but a single day of activity is not confirmation of a sustained trend.
