NEAR gained more than 12% over the last 24 hours after Sunrise and Near Intent announced a partnership to create liquid markets for NEAR Intents assets on Solana. The move gives NEAR another trading venue and potentially a wider audience inside Solana’s market. It is not a guaranteed trend, but activity has picked up.
Market activity picks up
Solana Compass reported about $11.4 million in 24-hour trading volume for NEAR on Solana on launch day, with roughly $819K in netflow. Derivative data shows NEAR Intent revenue reached $163K, a level not recorded over the past three months. That revenue figure is small in absolute terms, but it may signal actual use, not just price speculation. NEAR ETFs also reported $1.13 million in daily inflows. One session does not make a lasting trend, though persistent inflows could support demand.
Price sits above key EMAs
On the daily chart, NEAR is gaining momentum from a demand zone. Price action and volume are moving together, and the token trades above all key EMAs. That setup supports a bullish bias. But traders holding floating profits may take money off the table. A pullback would not invalidate the partnership, but it could slow the rally. Broader Solana access may expose NEAR to new buyers, perhaps bringing more liquidity over time. The market still needs follow-through.
What could extend the rally
The rally could extend if trading volume remains elevated and ETF inflows continue. Revenue from NEAR Intents is another metric to watch. If it keeps rising, it could add a clearer reason for demand. If volume fades and profit-taking grows, price may stall. For now, the partnership gives NEAR a fresh market channel on Solana. The 12% move shows traders noticed. Whether it becomes more than a short-term reaction depends on sustained activity, not one launch day.
