NEAR Protocol ($NEAR) Crypto Forecast: Down 5.0% Today

What is NEAR Protocol?

NEAR is a cryptocurrency token known for its focus on scalability and usability, aiming to provide a platform for decentralized applications.

Why is NEAR Protocol going down?

NEAR crypto is down 5.0% on Apr 27, 2025 5:25

• NEAR experienced a bearish movement despite positive news surrounding the registration of a NEAR ETF by Bitwise in Delaware.
• The surge in NEAR's price due to the registration and potential ETF launch was short-lived, possibly indicating profit-taking by traders.
• The prediction of Ethereum's demise by Cardano's founder may have shifted investor sentiment towards other projects, impacting NEAR's price negatively.
• The buzz around AVAX and BlockDAG's X1 demo may have diverted attention and investment away from NEAR, contributing to its bearish movement.

NEAR Price Chart

NEAR Technical Analysis

NEAR News

Bitwise Registers NEAR ETF in Delaware, Strengthening Crypto Offerings

Bitwise Registers NEAR ETF in Delaware, Strengthening Crypto Offerings

https://coincu.com/334530-bitwise-near-etf-delaware-registration/

5 Cardano Rivals to Watch as Founder Predicts Ethereum Will Die by 2040

5 Cardano Rivals to Watch as Founder Predicts Ethereum Will Die by 2040

https://coingape.com/markets/5-cardano-rivals-to-watch-as-founder-predicts-ethereum-will-die-by-2040/

AVAX Crypto Eyes $25 & NEAR Price Surges – BlockDAG’s X1 Demo Sparks Massive Buzz As Presale Tops $218.5M!

AVAX Crypto Eyes $25 & NEAR Price Surges – BlockDAG’s X1 Demo Sparks Massive Buzz As Presale Tops $218.5M!

https://crypto-economy.com/avax-crypto-eyes-25-near-price-surges-blockdags-x1-demo-sparks-massive-buzz-as-presale-tops-218-5m/

Bitwise hints at NEAR ETF following Delaware registration

NEAR is up 4% on Friday after asset manager Bitwise registered a NEAR Trust in Delaware, indicating it's likely to file an ETF (exchange-traded fund) for the cryptocurrency.

https://www.fxstreet.com/cryptocurrencies/news/bitwise-hints-at-near-etf-following-delaware-registration-202504252125

Bitwise Launches ETF Question On NEAR Protocol

Bitwise Launches ETF Question On NEAR Protocol

https://en.spaziocrypto.com/crypto/bitwise-launches-etf-question-on-near-protocol/

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NEAR Protocol Price History

22.03.2025 - NEAR Crypto was down 5.2%

• Despite NEAR's recent gains over the weekend, the token experienced a bearish movement today, indicating a possible profit-taking scenario by investors.
• The hype around new cryptocurrencies promising high profits may have diverted attention and investment away from NEAR, leading to a sell-off and subsequent price decline.
• The opening of Grayscale's Decentralized AI Fund could have attracted investors towards AI-focused projects, causing a shift in capital away from NEAR and contributing to its bearish movement.
• Overall, the combination of profit-taking, market sentiment towards new cryptocurrencies, and the allure of AI-focused investments may have collectively influenced NEAR's bearish performance today.

25.03.2025 - NEAR Crypto was up 5.7%

• Speculation regarding a potential ETF registration related to NEAR may have caused market confusion and heightened trading interest.
• Positive forecasts about NEAR's future growth could have boosted confidence and attracted new investors.
• Optimism surrounding NEAR's AI-Agent technology future, as discussed by the CTO, may have strengthened the token's long-term prospects.
• NEAR's impressive weekend performance, propelling the CoinDesk 20 index upwards, probably played a role in its current uptrend as investors recognized its gains.

25.03.2025 - NEAR Crypto was up 5.1%

• NEAR experienced a strong bullish movement today, gaining 11.7%.
• Analysts are optimistic about NEAR's future potential, highlighting it as a top crypto primed for a breakout in the coming years.
• An interview with NEAR CTO Eric Winer discussing the AI-Agent future may have sparked investor interest in the project's technological advancements.
• The overall positive sentiment towards NEAR, combined with broader market trends and profit potential, likely contributed to the observed bullish market movement today.

25.03.2025 - NEAR Crypto was up 5.1%

• The registration of the first NEAR ETF by Bitwise in the US has sparked institutional interest in NEAR and altcoins, leading to a bullish movement in NEAR's price.
• The potential breakout in NEAR's price is further supported by analysts' predictions of a positive trend for the cryptocurrency in the coming months and years.
• Despite some confusion surrounding the unconfirmed registration of the Bitwise NEAR ETF, the overall market sentiment remains optimistic, driving NEAR's price upwards.
• Insights from NEAR's CTO Eric Winer on the future of AI-Agent technology may have also contributed to the positive outlook for NEAR, attracting more investors to the token.

21.03.2025 - NEAR Crypto was up 5.8%

• NEAR's strong bullish movement of 11.7% was driven by positive sentiment in the overall cryptocurrency market.
• The hype surrounding NEAR as one of the best new cryptos to buy likely attracted more investors, fueling the price surge.
• The weekend performance update highlighting NEAR as a leader in gains further boosted investor confidence and interest in the token.
• The expectation of potential profits up to 1000X by this summer may have also contributed to the increased demand for NEAR, pushing its price higher.

12.03.2025 - NEAR Crypto was up 6.0%

• NEAR's bullish movement today can be attributed to the formation of a positive pattern indicating a potential surge to $2.40, attracting traders and investors.
• The comparison with BlockDAG might have created some competition, but NEAR's unique features and market positioning seem to have garnered more attention and investment inflow.
• The overall positive sentiment in the cryptocurrency market, coupled with NEAR's technological advancements and growing ecosystem, likely contributed to its strong bullish performance today.
• Investors are closely watching NEAR's price movements and potential for further growth, making it a key player in the current crypto market landscape.

19.03.2025 - NEAR Crypto was up 5.0%

• NEAR experienced a strong bullish movement today, likely driven by multiple positive indicators and sentiments in the market.
• Highlights of NEAR's potential for significant profits and a surge to $2.40 likely contributed to increased investor interest and buying pressure.
• The identification of a reversal signal fueling a 15% hike could have acted as a catalyst for traders to enter long positions, further boosting NEAR's price.
• Overall, the combination of bullish patterns, positive price predictions, and market sentiment likely propelled NEAR's impressive upward movement today.

26.03.2025 - NEAR Crypto was up 7.2%

• NEAR experienced a strong bullish movement today, potentially related to recent efforts to launch an ETF based on NEAR.
• The positive sentiment surrounding NEAR's ETF filing may have attracted investors, leading to a surge in the token's price.
• Competitions and battles in the industry could have ignited a sense of urgency among traders, further boosting NEAR's bullish movement.
• Overall, the combination of ETF filing developments and market dynamics likely played a role in NEAR's strong performance today.

26.03.2025 - NEAR Crypto was up 5.3%

• NEAR's strong bullish movement today can be attributed to the announcement of Bitwise's plans to launch an altcoin ETF focused on NEAR, Solana, XRP, and Dogecoin.
• The filing of a NEAR-based ETF by Bitwise via Delaware Trust has likely sparked investor interest and optimism in the potential for increased institutional investment in NEAR.
• The expectation of NEAR potentially reaching $3.50 could have further fueled bullish sentiment among traders and investors.
• Despite some negative developments in the cryptocurrency market, NEAR's positive progress seems to have overshadowed any bearish sentiment, leading to its significant price surge.

27.03.2025 - NEAR Crypto was down 5.0%

• NEAR experienced a bearish movement despite positive news surrounding the registration of a NEAR ETF by Bitwise in Delaware.
• The surge in NEAR's price due to the registration and potential ETF launch was short-lived, possibly indicating profit-taking by traders.
• The prediction of Ethereum's demise by Cardano's founder may have shifted investor sentiment towards other projects, impacting NEAR's price negatively.
• The buzz around AVAX and BlockDAG's X1 demo may have diverted attention and investment away from NEAR, contributing to its bearish movement.

06.03.2025 - NEAR Crypto was down 5.5%

• Today, NEAR faced a significant bearish movement, potentially impacted by the following factors:
• BlockDAG's recent surge in popularity and market capitalization might have diverted investor attention from NEAR, resulting in a sell-off.
• The announcement of Aptos targeting $15 could have influenced market sentiment towards other projects, reducing demand for NEAR.
• NEAR's struggle to maintain its price levels amid increasing competition and market dynamics may have contributed to the bearish trend.
• Market conditions overall and profit-taking behavior could also have influenced NEAR's decline, as traders seek short-term gains in a volatile environment.

13.03.2025 - NEAR Crypto was up 5.7%

• NEAR's bullish movement today can be attributed to the formation of a strong reversal signal, fueling a significant 15% price hike.
• Market sentiment is positive towards NEAR, with analysts predicting a surge to $2.40 as a bullish pattern emerges, further driving investor interest.
• Despite NEAR's positive performance, there is competition from BlockDAG, which has been outpacing NEAR and gaining significant traction in April. This competition could be a factor to watch in the future for NEAR's market position.