NEAR Posted Its Strongest Growth since Early February 2025 @NEARProtocol has recorded its strongest rally since early February 2025, surging more than 26% in 24 hours to approach the $3.80 mark. The token is now trading around $3.61 with a market capitalization of $4.72 billion. The rally was primarily driven by the launch of perpetual futures directly on Hyperliquid, allowing users to trade derivatives with enhanced privacy through the protocol's existing accounts. Leading analyst Michael van de Poppe called the chart "absolutely phenomenal," identifying $5 as the next major resistance target. While sentiment remains strongly bullish, technical indicators suggest traders should exercise caution. The RSI has climbed to 77, entering overbought territory and signaling potential pullback risk. Additionally, significant inflows to centralized exchanges may indicate growing sell-side pressure. The price surge comes amid ongoing protocol development, including the recent transition to Confidential by Default mode and proposed tokenomics refinements. These updates strengthen near:native competitive positioning in the Layer 1 space. Watch levels: $3.20 (support), $5.00 (primary target). #NEAR #Hyperliquid #Crypto #DeFi #AltCoins #Blockchain #Trading #CryptoNews #L1 #Web3