---
title: "Is NEAR Protocol’s 60% Rally Just Getting Started?"
url: https://thecoingazette.com/is-near-protocols-60-rally-just-getting-started/
date: 2026-05-23
modified: 2026-05-26
author: "Coin Gazette Editorial"
description: "The post Is NEAR Protocol’s 60% Rally Just Getting Started? appeared first on Coinpedia Fintech News Another week, another altcoin claiming it’s “different this time.” But here’s the thing about..."
categories:
  - "Altcoins"
  - "Crypto News"
tags:
  - "Altcoins"
  - "Price Analysis"
image: https://thecoingazette.com/wp-content/uploads/2026/05/is-near-protocols-60-rally-just-getting-started.webp
word_count: 264
---

# Is NEAR Protocol’s 60% Rally Just Getting Started?

The post [Is NEAR Protocol’s 60% Rally Just Getting Started?](https://coinpedia.org/price-analysis/is-near-protocols-60-rally-just-getting-started/) appeared first on [Coinpedia Fintech News](https://coinpedia.org)

Another week, another altcoin claiming it’s “different this time.” But here’s the thing about [NEAR Protocol](https://thecoingazette.com/tag/near/), it’s actually putting its money where its mouth is. While most projects are busy tweeting about “revolutionary partnerships” that turn out to be nothingburgers, NEAR price quietly broke out of a textbook falling wedge pattern and pumped 60% in seven days. That’s not hopium talking; that’s price action you can see on any chart.

## Key Takeaways from the Article

**1. NEAR Protocol just posted a major breakout**

- NEAR surged **60% in a week**, jumping from **$1.50 to $2.40** after breaking out of a **falling wedge pattern**.

- The wedge had been forming between **$1.50 and $2.00** for weeks before a strong volume-driven breakout occurred.

**2. Technical targets and resistance levels**

- Key resistance sits at **$2.80–$3.00**, aligning with the **200 EMA**.

- A larger test lies at **$3.50**, the November high and the measured move target of the wedge pattern .

**3. AI partnership adds fundamental strength**

- NEAR’s collaboration with **Venice AI (VVV)** showcases **private inference using TEE hardware attestation**, meaning prompts stay inside a secure enclave with no OS or GPU operator visibility.

- The article argues this is **real infrastructure**, not superficial “AI narrative” hype .

**4. Momentum is strong, but caution is advised**

- The author warns that **60% weekly moves don’t last forever** and traders should avoid chasing without tight risk management.

## Overall Message

The article portrays NEAR’s rally as not only technically sound but also backed by significant advancements in AI infrastructure.