NEAR Protocol Plunges 4% Before Staging Recovery Amid Market Volatility
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币界网报道：The cryptocurrency market saw a 2.2% increase in global market cap to $3.37 trillion over the past 24 hours. NEAR Protocol demonstrated resilience amid volatility, establishing key support at $2.14-$2.16 with high-volume buying activity. A proposal has been introduced to reduce NEAR's inflation rate from 5% to 2.5%, aiming to enhance blockchain sustainability and token value, with validator voting open until July 2025. Technical analysis showed NEAR-USD trading between $2.14-$2.23, with notable volume spikes during price movements and a bullish channel pattern forming before a correction.
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