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The recent crypto market has been quite interesting. The overall market is volatile, and many people are trapped in positions, but one project has been quietly rising — NEAR. After taking a closer look, the logic behind this counter-trend surge is worth discussing.
**Why NEAR?**
From a technical perspective, NEAR's low Gas fees and fast transaction speeds are indeed its core competitive advantages. Compared to some congested public chains, this edge is enough to attract cost-sensitive developers and users. Over the past six months, there has been a noticeable increase in NFT projects and DeFi applications. Although the ecosystem is not yet as large as top-tier public chains, its growth rate is definitely accelerating.
Retail investors' bottom-fishing sentiment also plays a role. During the altcoin season, people are always looking for the next "undervalued track." NEAR's low price point and fast transaction features have made it a cost-effective choice for many investors. While institutional capital movements are less obvious, there are still signs of quiet accumulation.
**What should we be cautious about?**
It must be made clear: in the short term, NEAR cannot outperform the overall market trend. If the market experiences a significant correction, NEAR will also find it hard to stand alone. Additionally, some other public chains in the same track (like Solana) may face renewed pressure once they undergo technological upgrades or ecosystem breakthroughs. NEAR's own technical roadmap also faces progress risks — rapid ecosystem expansion is an advantage, but stability and security must always be monitored.
The altcoin season is indeed ongoing, but participation must be based on manageable risks. Don't be lazy with your research, especially for those chasing the pump.