NEAR Protocol has been making headlines for its ambitious goal of achieving one million transactions per second (TPS), which aims to enhance its adoption in the blockchain space. Despite a recent price drop of 4.95%, closing at $2.49, there are positive developments that could influence investor sentiment.

In early July 2025, NEAR successfully addressed a significant security vulnerability in its decentralized finance (DeFi) protocols, averting a potential exploit valued at $10 million. This incident highlighted NEAR's commitment to security and could strengthen trust among investors over time.

The launch of Bitwise’s NEAR Staking Exchange-Traded Product (ETP) on Deutsche Börse Xetra is another key development, providing institutional-grade exposure to NEAR and integrating staking benefits with an expected annual yield of 5.5%. This initiative is anticipated to attract both retail and institutional investors.

Technical analysis indicates that while NEAR is trading below its long-term moving average, it remains above its short-term average, suggesting mixed sentiments among traders. Key resistance levels are identified at $2.64 and $2.99, while support levels are noted at $2.02 and $1.79.

Short-term strategies suggest monitoring the resistance level around $2.64 for potential breakout opportunities, while long-term strategies focus on the scalability goals that may draw institutional interest and support price growth towards the range of $3.50-$4.00 in the coming months.

Overall, NEAR Protocol appears to be navigating through market volatility with significant technological advancements and strategic initiatives aimed at fostering growth in a competitive landscape.

Original article (bitwise)

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"NEAR Protocol has been making headlines for its ambitious goal of achieving one million transactions per second (TPS), which aims to enhance its adoption in the blockchain space."

This sentence uses strong, positive language to describe NEAR Protocol's goals. The word "ambitious" suggests a noble pursuit, and the focus on "enhancing adoption" implies a beneficial outcome for all. It creates a positive image without providing concrete evidence of the protocol's actual impact or addressing potential drawbacks.

The text conveys a range of emotions, primarily focused on the potential for growth and the positive developments surrounding NEAR Protocol. The emotions expressed are subtle and often implied, serving to guide the reader's perception and create a sense of optimism.

One key emotion is excitement, which is evident in the ambitious goal of achieving one million transactions per second. This goal, though challenging, inspires a sense of anticipation and enthusiasm for the future of NEAR Protocol. The mention of "ambitious" and "enhance" further emphasizes this excitement, suggesting a promising outlook for the project.

There is also a subtle sense of relief and satisfaction expressed in the successful addressing of the security vulnerability. The phrase "averting a potential exploit" conveys a successful resolution, which could instill a sense of trust and confidence in NEAR's ability to handle such issues. This emotion is important as it reassures investors and demonstrates the protocol's commitment to security, a critical aspect for any blockchain project.

The launch of Bitwise's NEAR Staking ETP is described with a sense of opportunity and potential. The expected annual yield of 5.5% is a key factor here, as it suggests a promising investment opportunity. This emotion of opportunity is further enhanced by the mention of attracting both retail and institutional investors, implying a broad appeal and potential for significant growth.

While the price drop is mentioned, it is not emphasized, and the overall tone remains positive. This strategic choice downplays any negative emotions associated with the price drop, such as disappointment or concern, and instead focuses on the positive developments and future prospects.

The technical analysis provides a more nuanced emotional layer, suggesting a mix of sentiments among traders. The identification of resistance and support levels creates a sense of anticipation and strategy, as traders await potential breakouts or price movements. This emotional element adds a layer of complexity, appealing to those who enjoy the strategic aspects of investing.

The short-term and long-term strategies outlined further emphasize the potential for growth and success. The focus on scalability and institutional interest creates a sense of optimism and belief in the project's future. This emotional appeal is designed to inspire action and encourage investment, as it suggests a promising path forward.

The writer uses emotional language and strategic word choices to create a narrative of progress and potential. By emphasizing the positive developments and downplaying any negative aspects, the writer crafts a persuasive argument for the continued support and investment in NEAR Protocol. The use of words like "ambitious," "commitment," "opportunity," and "growth" all contribute to this emotional narrative, guiding the reader's perception and potentially influencing their investment decisions.

In summary, the text employs a subtle yet effective emotional strategy, focusing on the positive aspects of NEAR Protocol's developments and future prospects. By doing so, the writer aims to inspire confidence, trust, and a sense of opportunity, ultimately guiding the reader towards a positive perception of the project and its potential for growth.