NEAR (NEAR Protocol) rose 8.27% in the last 24 hours.

Gate News Bot news, on July 3rd, according to CoinMarketCap data, as of the time of writing, NEAR (NEAR Protocol) is currently priced at 2.34 USD, having risen 8.27% in the last 24 hours, with a peak of 2.34 USD and a low of 2.02 USD. The 24-hour trading volume reached 211 million USD. The current market capitalization is approximately 2.88 billion USD, an increase of 220 million USD compared to yesterday.

NEAR is a modular high-speed protocol designed for AI, aimed at allowing AI to act, trade, coordinate, and evolve on behalf of users. NEAR is not just infrastructure; it is a foundation for a new type of internet where AI serves users. On NEAR, AI interacts with users as the front end and executes intentions, while the blockchain handles identity, trust, and data as the back end. NEAR provides everything developers need to build and scale AI-native systems, including protocols that support cryptographic model execution, verifiable computation, and multi-chain operations, as well as computation and infrastructure.

Recent important news about NEAR:

1️⃣ Gate launches NEAR one-click staking service Gate will launch NEAR token staking mining business on June 26, 2025. The minimum investment threshold for this product is 1 NEAR, currently offering an annualized yield of 8.63%. It adopts an on-chain staking mechanism, providing on-chain returns to users through the NEARProtocol protocol. Users will start accruing interest the day after staking, with dividends distributed on the third day, and the returns will be automatically issued daily in the form of NEAR tokens. The product supports flexible redemption, with a maximum redemption period of 3 days.

2️⃣ Bitwise Launches NEAR Staking ETP Bitwise has launched the Bitwise NEAR Staking ETP on the Deutsche Börse Xetra, aiming to provide institutional and retail investors with a stakable NEAR investment exposure. This is Bitwise's fourth exchange-traded product launched in the European market, indicating a growing interest from institutions in NEAR.

These developments demonstrate the continuous expansion of the NEAR ecosystem and the increased level of institutional participation. The staking services provided by Gate lower the entry barrier for ordinary users to participate in the NEAR ecosystem, while Bitwise's ETP products offer institutional investors more channels to invest in NEAR. These factors may collectively drive the rise in the NEAR price.

From a technical perspective, NEAR has broken through the $2.3 level, showing strong rise momentum. However, investors still need to closely monitor the overall market trend and potential pullback risks.

This message is not an investment advice, and investors should pay attention to market volatility risks.