NEAR Protocol extended its sharp September rally on September 22, with CoinMarketCap showing the token near $4.32 after gaining roughly 130% over the past 30 days. The move has pushed NEAR back toward the $5 threshold, with its recent acceleration keeping that level in focus as the next major round-number reference.
CoinMarketCap showed NEAR with a market capitalization of about $5.65 billion and 24-hour trading volume near $1.85 billion. The token has also moved through a wide intraday range, highlighting elevated volatility even as its monthly trend remains strongly positive. NEAR would need roughly another 16% gain from $4.32 to reach $5.
The immediate test is whether NEAR can preserve its recent gains after such a rapid move. Holding above recent breakout levels would keep $5 within reach, while a deeper pullback could delay that attempt. The 30-day surge alone does not guarantee further upside, making price stability and sustained trading activity the key signals to watch.
Source: CoinMarketCap.
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