NE

NEAR Protocol

NEAR 1 Hour Move
-1.04%
$1.92 → $1.90

Why NEAR Protocol is down 1.0% in the last hour

Analysis

NEAR Protocol (NEAR) slipped about 1.0% over the past hour as broader altcoin sentiment remained weak, pressuring prices across the sector. CryptoPotato reported that the altcoin market is showing “extreme underperformance,” with a large share of coins trading near all-time lows—conditions that can weigh on liquid altcoins like NEAR in the short term.

Contributing Factors (1)

#1
CryptoPotato ETF Flows 18 hours ago

Altcoin Market Reaches Extreme Underperformance, 40% of Coins Trade Near Their ATL

One of the major drivers of this underperformance is the low liquidity despite thousands of coins being created and added to the market daily.

Confidence
77%
Read source

Move Details

Asset NEAR Protocol
Symbol NEAR
Direction ↓ Bearish
Timeframe 1 Hour
Start Price $1.92
End Price $1.90
Change -1.04%
Detected Jul 9, 2026 10:40 AM

Explanation Confidence

77%

High confidence in the explanation based on source reliability and timing.