NEAR Protocol has experienced a significant 12% price increase in the past 24 hours, fueled by a record weekly trading volume of $626 million. This surge is attributed to increased whale accumulation and strong buyer dominance in derivatives markets. The cryptocurrency is currently testing the $3.2 resistance level, with potential to reach $3.8–$4.0 if the upward momentum continues. The spike in trading volume and whale activity, as reported by CryptoQuant, indicates sustained buying interest. Additionally, Token Terminal highlights that recent ecosystem developments, such as the Thorwallet integration following a halving event, have contributed to NEAR's price rally.