Near Protocol Outperforms Amidst Crypto Market Turmoil

The crypto market has been experiencing significant fluctuations in recent days, with Bitcoin dropping below $70,000 for the first time in eight weeks. This led to massive liquidations across leveraged positions, totaling over $728 million.

Despite this downturn, Near Protocol (NEAR) managed to decouple from the rest of the market with a 13% gain in the last 24 hours. Its trading volume exceeded $1.1 billion, representing an 81% increase compared to the previous session.

The success of NEAR can be attributed to its focus on privacy and artificial intelligence, which has generated interest among investors. Worldcoin and Internet Computer also saw gains, with volumes exceeding $900 million and nearly $12%, respectively.