NEAR Protocol Surges 124% with $20 Billion Transaction Volume Milestone
- Transaction Volume Milestone: NEAR Intents has surpassed $20 billion in transaction volume within just five months, demonstrating its robust execution capabilities in cross-chain transactions, which is expected to attract more institutional investor interest and enhance NEAR's market position.
- Collaboration with AWS: On June 4, NEAR will participate in an AI event with Amazon Web Services and FailSafe, a partnership that not only elevates NEAR's influence in the AI infrastructure space but also opens up new business opportunities, further expanding its ecosystem.
- Deflationary Mechanism: NEAR reduced its annual inflation rate from 5% to 2.5% at the end of 2025, and once daily transaction volume reaches $177 million, the network will enter a net deflationary state, which will decrease the supply of NEAR in the market and enhance its long-term value.
- Market Dynamics Shift: NEAR's price has surged 124% over the past 30 days, rising from $1.27 to $2.85, reflecting strong market demand and investor confidence, particularly against the backdrop of increasing focus on AI-related infrastructure investments.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00757 | 0.0138 | 0.0195 | 0.0257 | 0.0314 | 0.0376 | 0.0433 |
| Fibonacci | 0.0138 | 0.0183 | 0.0211 | 0.0257 | 0.0302 | 0.033 | 0.0376 |
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