NEAR Protocol has popped more than 26% in the past 24 hours, with the price pushing up toward $3.80 — its highest level since early February 2025. At the time of writing, NEAR was trading around $3.61.

What’s Driving the Move?

The rally comes as the broader crypto market rebounds. Momentum picked up after Hyperliquid rolled out perpetual futures for NEAR, giving traders more ways to go long on the token.

Price Outlook

Some analysts see room for NEAR to keep climbing, with targets up to $5 on the table.