price has surged by 65% in two weeks, reaching $1.59, as Near protocol sees a $40 million investment influx. The bullish trend could be attributed to the upcoming developer conference hosted by Near, which is set to begin on Tuesday. The anticipation of the conference is revitalizing protocol growth, which had remained subdued since April.
to maintain the positive outlook. This would act as a boost for Near price to hit a six-month high of $1.78. in the past few days, testing the $1.17 support level and invalidating the bullish thesis.