NEAR's sharp correction met strong Spot demand as buyers defended critical support.
Binance will support the NEAR Protocol network upgrade and hard fork scheduled for June 10, the exchange confirmed in a wallet maintenance notice. Deposits and withdrawals of NEAR tokens on the platform will be temporarily suspended around the event.
NEAR Protocol experienced a devastating selloff of nearly 17% on June 4, 2026, marking it as among the day's most significant losers in the cryptocurrency market. The dramatic price collapse was primarily attributed to Arthur Hayes, the BitMEX co-founder, publicly disclosing his decision to liquidate all his NEAR and Hyperliquid holdings.
On-chain Buy/Sell Pressure Delta crossover at $1.50 flagged NEAR's 89% rally before markets reacted.
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
The $2.8-$3.0 area supply zone was being tested. Will NEAR's short-term bullish momentum overcome the long-term trend?
NEAR Protocol's AI-driven commerce focus could redefine blockchain utility, enhancing cross-chain transactions and boosting token demand. NEAR Protocol targets AI-driven commerce with new products and tokenomics improvements.
NEAR Protocol launched Universal Send, a cross-chain payment tool that combines bridging, swapping and settlement in a single transaction. This feature hides sender data and transferred amounts from public explorers, a privacy model comparable to Zcash but multichain. NEAR rose 11.76% in the last 24 hours and trades at $2.
A potential US-Iran deal could reshape global oil markets, impact crypto sanctions, and influence geopolitical stability, pending Trump's approval. US negotiators near preliminary deal with Iran, awaiting Trump approval.
Crypto markets found support on Friday after reports suggested the United States and Iran were close to extending their ceasefire and reopening shipping routes through the Strait of Hormuz.
NEAR Protocol (NEAR) is approaching a major technical milestone after enduring a sharp correction following its recent rally. The cryptocurrency market has been closely watching the possibility of a golden cross formation, a bullish technical signal that occurs when the 50-day moving average crosses above the 200-day moving average.
The escalation risks disrupting global oil supply, heightening geopolitical tensions, and impacting financial markets, especially oil and crypto. Iran's Revolutionary Guards strike US airbase after American attack near Bandar Abbas.