icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

NEAR Protocol Sees 16.3% Weekly Gain Amid Bullish Sentiment

Coin WorldTuesday, Apr 22, 2025 7:04 am ET
2min read

NEAR Protocol (NEAR) has established itself as a notable player in the blockchain ecosystem, offering scalability, low transaction costs, and developer-friendly tools. As a smart contract platform, NEAR has garnered attention, but the focus now shifts to its future price trajectory and market trends.

As of April 22, 2025, NEAR Protocol is trading at 2.18, with a market sentiment leaning 53% bearish. The Fear & Greed Index stands at 39, indicating a market mood of fear. Over the past 30 days, NEAR experienced 16 green days out of 30, with a price volatility of 14.2%. Despite this, NEAR has witnessed a 16.3% increase over the last week and a 15.6% growth over the past month, suggesting a bullish undercurrent that could turn the tide if sentiment shifts or broader market conditions improve.

For the remaining month of April, NEAR is expected to remain relatively stable, with slight dips and modest recovery. According to the analyst, the NEAR protocol price prediction minimum of $2.19 and a maximum of $2.31, resulting in an average price of $2.25. The projected ROI is 1.3%, indicating a cautious but slightly optimistic sentiment. This market trend is not aggressive, signaling a period of consolidation where investors can purchase NEAR at lower risk before a potential breakout.

Looking ahead to May, the forecast shows an uptick in both sentiment and expected price momentum. According to the analyst, NEAR may range between $2.15 to $2.25 with an average price of $2.34. The project ROI will be 10.5%, suggesting growing confidence in NEAR’s upward potential. This rise may be fueled by positive market trends, continued adoption of the NEAR ecosystem, or broader crypto bullishness. Trade might see May as a NEAR Protocol breakout month.

June is a month of shift for NEAR, as its forecast shows the price could reach as high as $2.78, with an average of $2.51 and a bottom of $2.23. The potential ROI will be 21.9%, most among the above two NEAR price predictions, indicating that momentum is expected to form through early summer. This massive increase in price shows investors’ confidence may grow as NEAR continues to perform well technically and potentially gain traction in DeFi or NFT-related developments.

Beyond short-term forecasts, NEAR’s long-term value is tied to its ability to get adopted widely, expanding its developer base, new users joining the ecosystem using new dApps, and competing with Ethereum and other Layer-1 solutions. With anticipated protocol upgrades and increased interoperability through aurora and the Octopus Network, NEAR has the potential to rise above the speculative cycle and build lasting utility and a positive market trend. Overall, these NEAR protocol price predictions give investors an idea of how to make an effective investment strategy for massive gains.

Comments

Add a public comment...
Post
Refresh
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
You Can Understand News Better with AI.
Whats the News impact on stock market?
Its impact is
fork
logo
AInvest
Aime Coplilot
Invest Smarter With AI Power.
Open App