How AI helped Near Protocol [NEAR] surge 16% in 7 days

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NEAR surged by 16.61% in the last 7 days. The recent surges is attributed to increased AI adoption as AI-themed tokens win.

NEAR Protocol affirmed its commitment towards the unification of blockchain and AI.With the continued development and increased adoption of AI, all AI-themed tokens have experienced sustained growth.A recent surge can be attributed to the increased adoption of AI and its collaboration with blockchain companies. This is evidenced by recent remarks by“We think that creates a possibility for a world where user’s wellbeing can be optimized for.

According to the report, Nvidia has become the most valuable company in the world after surpassing Microsoft, with a market cap of $3.3T.“In the last month, NEAR Protocol has reclaimed the top spot in the number of users among blockchains, boasting 16.3M addresses”.For instance, the percentage of stablecoin total supply held by whales, which is more than $5M, has surged from $52M to $54M in the last seven days.

When prices are above SMA, buying pressure is dominant, with buyers showing more strength than sellers, leading to an uptrend.

Source: Tech Daily Report (techdailyreport.net)

 

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