NEAR Protocol (NEAR) has returned to traders' watchlists after a strong rally driven by renewed interest in AI-focused blockchain projects. The token recently climbed close to 30% as investors reacted to growing institutional demand and optimism around NEAR's upcoming Network Upgrade 2.13, expected to roll out in June.

Unlike a typical hype-driven move, this rally is being supported by fundamental developments. NEAR is preparing to introduce dynamic resharding, allowing the network to automatically scale as demand increases, while also adding post-quantum security features. Combined with its growing role as infrastructure for AI-powered applications, these upgrades have made NEAR one of the more closely watched Layer-1 tokens this month.

Ready to act on these levels?

▼ Support

$2.00 (₹171)

Key support level

▲ Resistance

$2.35 (₹201)

Upside target this week

NEAR holds above $2.00 with strong buying momentum

If NEAR continues holding above the $2.00 support zone and buying momentum remains strong, traders could look for a move toward $2.35–$2.50 (₹201–₹214). Positive sentiment around the June network upgrade could keep futures activity elevated.

Buyers fail to defend the $2.00 level

If buyers fail to defend the $2.00 level, profit booking could accelerate after the recent rally. In that case, NEAR may revisit the $1.85 (₹158) support area before finding fresh demand.

June's Network Upgrade 2.13

The biggest catalyst for NEAR right now is its upcoming Network Upgrade 2.13. The upgrade introduces dynamic resharding, allowing the blockchain to automatically add capacity as network usage grows instead of relying on manual scaling. It also brings post-quantum-safe signing, strengthening network security for the long term.

At the same time, NEAR's recently improved tokenomics—including lower inflation and mechanisms that increase token burns through network activity—have strengthened the project's long-term supply outlook. For futures traders, the combination of AI infrastructure, improved tokenomics, and a major protocol upgrade makes June's rollout the key event to watch.

Trade NEAR based on these levels today.