- NEAR shows early signs of trend reversal with bullish volume rising after hitting a lower low in March.
- Strategic partnerships with AI and infrastructure players strengthen NEAR’s long-term ecosystem development.
NEAR Protocol is in the spotlight after popular analyst MasterAnanda projected that the NEAR price could surge by 200-300% in just a matter of days or weeks. In his analysis on TradingView, he emphasized that this is a crucial moment, where the candles are starting to shrink after previously showing major selling pressure.
For those who often monitor charts, you know very well that a pattern like this is not just a coincidence. Master Ananda calls it a transition phase that usually acts as a bridge between a downtrend and an uptrend.
Confirming the Bottom, Not Chasing New Highs
Furthermore, MasterAnanda explained that NEAR’s lowest point was actually reached last March, marked by a “lower low” followed by an increase in buying volume. Although the recovery has not been too large, the market volume and subsequent response show that this is not just an ordinary technical bounce.
He emphasized that the current target is not to find a new record high price, but to ensure that the lowest price has been passed. With that alone, the potential for long-term growth is wide open.
Meanwhile, as of the writing time, NEAR is trading at about $2.49, up 12.79% over the last 24 hours, driving its market cap to reach the $3 billion mark.
NEAR Strengthens Its AI and Privacy Ecosystem
On the other hand, NEAR Protocol is not sitting idly by. In February, CNF reported that the NEAR Foundation launched a $20 million fund called the AI Agent Fund. Its goal is to encourage the development of decentralized AI and mass adoption of the technology in the Web3 ecosystem.
The main focus of this fund includes the tokenization of AI agents, decentralized infrastructure, and cross-project collaboration that supports blockchain and artificial intelligence interoperability.
Looking back, in December 2024, Deutsche Telekom through its subsidiary, Telekom MMS, officially joined NEAR’s Enterprise Node Operators (ENO) program. With this step, they became the first telecommunications company to run a validator node on the NEAR network.
Not only that, this collaboration is also a real form of support for the development of AI that keeps data ownership in the hands of users.
It doesn’t stop there. In January 2025, DWF Labs announced its strategic partnership with NEAR. They will channel financial support through a $20 million fund to support teams that want to build AI agents, including on social launch platforms such as AIDOLS.
Meanwhile, in September 2024, NEAR also partnered with Nillion Network to strengthen the privacy aspect of developers in the DeFi sector.
The combination of in-depth technical analysis and rapid movement on the ecosystem development side has some analysts believing that NEAR is preparing to jump even higher.
Source: https://www.crypto-news-flash.com/near-could-skyrocket-300-soon-as-analysts-spot-key-signal/?utm_source=rss&utm_medium=rss&utm_campaign=near-could-skyrocket-300-soon-as-analysts-spot-key-signal