AI Token Rally near Leeds emerges with a 50% increase with a $5 price target.
The NEAR protocol (NEAR) showed strength on Friday, rising 34% to $2.32 in the past 24 hours, leading the artificial intelligence-based token in a rally fueled by NEAR's network improvements and NVIDIA's massive earnings forecast.
NEAR is trading 50% higher than its price seven days ago and has gained a whopping 115% over the past 90 days.
Main Receptors:
AI crypto tokens surged 50% in value in seven days amid strong market momentum. AI-focused protocol improvements, privacy and scalability boosted investor confidence and trading volume to over $1 billion. Multi-year wedge pattern divergence will focus on $5.75 if NEAR.3.60 clears resistance.
Close to six month highs
Data from TradingView shows that NEAR's recovery began on Monday, rising 58% to a six-month high of $2.34 from a low of $1.48.
Along with the price growth of NEAR, the trading volume increased, increasing by 190% to $1.15 billion in the last 24 hours, reinforcing the strength of buyers.
NEAR/USD Daily Chart. Source: Cointelegraph/Trading view
The altcoin jumps above $2.30. It raised over $9.85 million. People who gamble on the price are caught off guard.
The profit comes later. Proximity protocol detected Major improvements focused on privacy, AI integration and network scalability.
Source: X/NEAR protocol
Aurora, an Ethereum-compatible scaling solution built on NEAR, as well announced Aurora Intense Widget Update. The update integrates the ADI chain as a new entry point, enabling smoother on-chain exchanges, deposits and application flows for users.
Source: Aurora
These developments show continued technical progress in the NEAR protocol ecosystem, which may increase block space and demand for the NEAR token.
On price rallies when AI tokens recover
It's not just an AI-themed token that's outperforming the crypto market today. Other cryptocurrencies in the AI sector saw impressive 24-hour gains, including Grass ( GRASS ), OpenServe ( SERVE ), and Artificial Superintelligence Alliance ( FET ), which gained more than 27%, 21%, and 11% on the day.
Performance of top AI tokens by market capitalization. Source: CoinMarketCap
Notably, the addition of AI tokens is also expected from A Increase in total market value. The market capitalization of AI and big data crypto projects and tokens increased by 8% in the last 24 hours to $21.44 billion at the time of publication, which shows renewed investor confidence in the sector.
Market Capitalization and Size of AI and Big Data Tokens Market. Source: CoinMarketCap
A broader sector rally was fueled by Nvidia's AI dominance and positive signals. Income forecasts. Nvidia, which holds an 81–90% share of the AI accelerator market, reported a net profit of nearly $81.6 billion in Q1 2026 and raised its projected revenue to $1 trillion in 2027.
Source: X/Cointelegraph
Nvidia's events sparked strong rallies in the near term, as the altcoin surged 58 percent in February following the company's Q4 2025 earnings report.
How high can the close price go?
The latest rally appears to have broken out of a multi-year slump that has pushed prices down since late 2024.
As shown in the weekly chart below, the NEAR/USD pair is now facing significant resistance in the $2.60-$3.0 supply zone, where the major moving averages are located.
A break above this level would clear the path to the measured wedge target at $5.75, which is about 160% above the current price. The relative strength index has increased to 63, indicating an upward trend.
NEAR/USD weekly chart. Source: Cointelegraph/Trading view
Michael van de Pop, founder of MN Capital, on Tuesday he said. NEAR is showing “very rich charts” in the market, adding that as long as $1.40 holds as support, a continuation is in the cards.
“The first real resistance zones for $NEAR are at $2 and $2.25-$2.50,” Van de Pop said. he said. In a follow-up post on Thursday, the next target is closer to $2.75, saying it is “clearly bullish.”
NEAR/USD Daily Chart. Source: X/Michael van de Poppe
