The NEAR Protocol has shown remarkable resilience after a devastating October crash, rebounding to $2.97 as of November 9, 2025. Driven by innovative technology and robust adoption, the protocol’s recovery signals a potentially bright future for the project. 2.97 represents a full recovery from the market-shaking crash that saw trading volume plummet.
The Intents protocol plays a key role in this resurgence, facilitating seamless cross-chain transactions across blockchains like Zcash, Solana, and Ethereum, contributing to over $4 billion in trading volume. This surge is a testament to the protocol’s effectiveness and growing popularity.
Moreover, the recent inflation rate reduction to 2.5% has boosted investor confidence, further solidifying the NEAR ecosystem’s stability.
Analyst predictions suggest a continued price rally for the $NEAR token, with potential breakouts beyond $3.27 if momentum holds strong. However, some caution remains as investors watch closely for support at $2 to prevent a possible consolidation period.
This remarkable performance signifies NEAR’s position as a promising contender in the ever-evolving crypto landscape.