NEAR Protocol Price Surges 26% Amid $419M Open Interest Spike

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Derived from TheCCPress, NEAR Protocol’s price surged 26% on November 7, 2025, with open interest rising 51% to $419 million. Spot trading volume exceeded $130 million, driven by speculative trading and derivative inflows, though no major protocol announcements or statements from co-founder Illia Polosukhin were reported. Market participants are monitoring whether the price can reach $5, but historical trends suggest sustained momentum would require fundamental developments.

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