NEAR Protocol logs $130 million in daily swaps as token tests $5
- —Daily swap volume through NEAR's chain abstraction reached $130 million
- —NEAR token is testing resistance at $5
- —The volume surge coincided with an attempt to hold above the psychological level
Why it matters: Rising swap volumes point to real demand for NEAR's infrastructure, though a confirmed break of $5 is still pending.
Source: U.Today