NEAR Protocol Slips Below $1.50 as Cross-Chain Expansion Meets Market Headwinds
NEAR Protocol’s price action tells a sobering story this week, tumbling 17.16% to $1.50 even as the protocol launched its much-anticipated Solana integration through Orb Markets. What’s particularly revealing is how the cross-chain expansion news – typically a bullish catalyst – failed to arrest the decline that’s now stretched to 47% over the past month. The main question for traders is: will the technical oversold bounce materialize, or does NEAR need to flush lower before finding genuine support?