NEAR Protocol traded above $5.20 on Oct. 16 after gaining more than 12% over the past 24 hours, according to a Techub News brief citing Crypto.news. The token’s market capitalization was reported at about $6.82 billion, while daily trading volume stood near $1.24 billion.
The update also cited figures from the NEAR Foundation, which said Intents has processed more than $33 billion in volume and confidential TVL has exceeded $160 million.
Market watchers are also tracking whether the token can move beyond its current range. Analyst Rekt Capital said NEAR has not yet confirmed a breakout from that trading range, and identified $5.97 as the key resistance level to watch.
The report focused on price action, market size, trading activity, and protocol-related metrics released by the foundation, without adding any further timeline beyond the Oct. 16 market snapshot.
NEAR Protocol rose more than 12% over the past 24 hours and was trading above $5.20 on Oct. 16, according to a Techub News brief citing Crypto.news. The token’s market capitalization was about $6.82 billion, and its daily trading volume was about $1.24 billion.
Foundation cites Intents and confidential TVL figures
The NEAR Foundation said Intents has processed more than $33 billion, while confidential TVL has exceeded $160 million.
Analyst points to range that remains unconfirmed
Analyst Rekt Capital said NEAR has not yet confirmed a breakout from its trading range, with $5.97 marked as the key resistance level.
The figures and commentary were cited by Crypto.news.
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