NEAR joins altcoin short squeeze as liquidation risk shifts higher

first published 2026-09-21T10:52:35Z

NEAR Protocol's token rose nearly 80% over the past week as the network expanded confidential trading features. Near said perpetual futures deposits and withdrawals are now confidential by default, near.com TVL topped $70 million, and NEAR Intents reached $29.3 billion in cumulative volume. The article also cites rising Zcash-related usage and Near's broader privacy push into staking-based AI services.

AI Analysis

The story reports strong week-long token gains, major growth in Intents volume, and new confidential trading functionality, all of which can affect short-term trading interest. The price move is already significant, but the concrete network usage and product updates support moderate market relevance.

Source Articles

NEAR jumps nearly 80% in a week as Intents volume nears $30B - Cointelegraph
NEAR Protocol Price Surges 80% in a Week: Can the Breakout Push NEAR Toward $5? - Coinpedia
XRP and NEAR Lead Altcoin Squeeze as Crypto Short Sellers Lose $666 Million in 24 Hours - U.Today