NEAR price rallies 70% in a week: what's driving the surge?

NEAR Protocol (NEAR) has rallied nearly 70% in the past week, with bulls retesting a key level amid a confluence of bullish factors. Renewed interest in the token mirrors gains for several related coins, but what's behind the buying momentum for NEAR? Notably, a sharp uptick over the past 24 hours comes as Bitcoin swings within a tight range amid broader market headwinds. NEAR price sees 70% rally NEAR climbed to an intraday high of $2.82 on Tuesday, marking its highest level since early November 2025. This surge from recent lows of $1.48, representing a near 70% bounce over the week, comes amid an expansion in daily trading volume.