NEAR Protocol’s Development Surge Signals Bullish Future

NEAR Protocol is building serious momentum, having topped blockchain ecosystems with over 950 GitHub commits in the last six months. This flurry of activity highlights a relentless drive to refine and scale the network. Key enhancements to the Nightshade sharding mechanism are set to boost transaction throughput, while revamped smart contract deployment tools will streamline development and reduce costs.

NGMI if you are not bullish on @NEARProtocol
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— nomso christain izundu (@IzunduNoms32139) June 22, 2025

Meanwhile, ongoing work on cross-chain bridges and interoperability solutions positions NEAR as a connective hub for diverse blockchain applications. By prioritizing scalability, ease of use, and seamless asset movement, NEAR’s developer community is laying the groundwork for increased on-chain engagement and broader ecosystem adoption. With these foundational upgrades on the horizon, NEARUSD stands out as a compelling, long-term bullish opportunity for investors and developers aiming to capitalize on a rapidly evolving decentralized infrastructure.

Key NEAR Protocol Levels To Watch – June 22

NEARUSD is currently attempting a breakout above the descending trendline. The 9-day SMA (Simple Moving Average) is turning flat near $2.1200, suggesting early signs of a shift in momentum.

A successful break above $2.2230 could trigger a rally toward the $3.3830 resistance. The Stochastic Oscillator is crossing upward from oversold territory, reinforcing bullish potential.

NEARUSD Key Levels

Resistance levels: $3.3830, $5.2910, $6.4930
Support levels: $2.2230, $1.5000, $1.0000

NEAR Metrics

Total Market Capitalization: $3.13T
NEAR Protocol Market Capitalization: $2.36B
NEAR Protocol Volume: $227.14M
Market Rank: #35

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