NEAR Protocol surged 11% on the day thanks to a record number of holder , a sharp increase in trading activity on the network, and Derivative money flow leaning towards the buy side.
This development shows that NEAR's upward momentum is not solely driven by price, but is also supported by user data, on-chain transactions, and market positioning. However, this rapid increase also carries the risk of volatility if buying pressure weakens.
- The number of NEAR holder has reached an All-Time-High of 11,720.
- Transaction activity on the network increased to approximately 209 million, of which 87 million were private transactions.
- Both the Derivative and spot markets are showing a tendency for buying pressure.
The number of NEAR holder has increased to a record high.
The number of NEAR holders has reached a new peak, at 11,720. This signals that investor participation in this asset is expanding.
When the number of holder increases, the market often interprets it as a sign of improving confidence in the Token . In the case of NEAR, this data has become one of the fundamental factors supporting its recent upward trend.
Simultaneously, the community sentiment indicator shows that approximately 94% of the more than 147,500 participants expect NEAR to continue to increase. This is a consensus level strongly leaning towards a positive direction.
on-chain activity has increased sharply in recent months.
Transactions on the NEAR network have increased significantly, with the total number of transactions recently reaching approximately 209 million. Of these, 87 million were private transactions.
This level of activity indicates that network usage is more vibrant, rather than just reflecting short-term price fluctuations. NEAR is also ranked as the second-largest AI asset by CoinMarketCap, with a market Capital of $19.49 billion.
The increase in trading volume, coupled with market positioning within the AI group, has helped NEAR maintain a high level of attention. However, this figure primarily reflects the current state of the network and market sentiment, and does not automatically guarantee that the price trend will last.
Transactions on the network have recently reached a high of approximately 209 million, of which 87 million were private transactions.
– Post by the NEAR team on X
Both Derivative and spot cash flows are leaning towards the buying side.
The Derivative market is playing a major Vai in NEAR's rally. Open interest has increased by approximately 20% in 24 hours, reaching $300 million, with $60 million in new leveraged positions opened.
Open interest (OI) data shows that the majority of new positions are coming from buyers, meaning Longing contracts are dominant. This reflects a fairly clear expectation of price increases in the short term.
In the spot market, the money flow is also moving in the same direction. Net inflow has remained consistent for four consecutive days, with the last 24 hours recording net buying of $454,000 and total net buying over 6 days reaching approximately $10.48 million.
The NEAR price movement is being supported by multiple layers of signals.
NEAR's 11% surge is currently being bolstered by three layers of data simultaneously: an increase in the number of holder , stronger network activity, and a market bias favoring buyers. When these factors are in sync, the price typically reacts more strongly in the short term.
However, rapid increases can also lead to significant volatility if buying pressure in Derivative or spot contracts slows down. Investors will typically monitor Open Interest, spot cash flow, and the increase in the number of holder to assess the sustainability of the trend.
Summary
NEAR is currently experiencing an upward trend supported by both on-chain data and market sentiment, but the sustainability of this momentum depends on whether the inflow of funds continues.
