NEAR surges 23% on swap activity as Bitcoin holds $81,000
NEAR Protocol (NEAR)
Editor:
Eugene Serbin
tradersunion.com reports that risk appetite improved during Asian trading as progress in Washington-Beijing trade talks lifted equities and cryptocurrencies. Bitcoin maintained support above $81,000 following a regulatory shift regarding tokenized U.S. stocks, while NEAR Protocol led major tokens with a 23% rise to just above $4. This performance is attributed to NEAR Intents, a swap service allowing cross-chain token exchanges without manual fund movement.
Consumer wallets ZODL and Vizor integrated the service for ZEC swaps, driving daily ZEC volume routed through the platform up sixfold over the past week. ZEC added 3% to just above $1,500, while BNB gained 2% to nearly $777. Ether and HYPE each rose about 2%, and XRP, DOGE, SOL, and TRX posted smaller gains.
Broader sentiment was supported by an MSCI Asia Pacific gauge climb of nearly 1%, driven by technology shares in South Korea and Taiwan. BTSE chief operating officer Jeff Mei noted that the weekend rise in bitcoin followed the SEC move on tokenized U.S. stock trading and the resulting short squeeze. He stated that the calendar is otherwise light this week aside from comments from Federal Reserve officials, expecting more volatility in the final weeks before the Fed's late-October meeting.
How the market reacted
Whalio's own Binance spot order flow for NEAR, measured when this story was written up on 21 September 2026. Not the outlet's figures.
NEAR is trading at $4.17 with a 24-hour spot volume of $335,740,858 across 1,285,492 trades. The 24-hour buy ratio stands at 50.5%, indicating a slight majority of volume is buying, while the 1-hour ratio drops to 46.0% and the 4-hour ratio rises to 53.5%. The 1-hour volume delta is negative at -$1,513,945, suggesting short-term selling pressure, whereas the 4-hour delta is positive at +$3,958,523. Cumulative Volume Delta (CVD) for the 24-hour close is +$8,606,346, showing net buying over the full day. This data indicates that while immediate one-hour flow is bearish, the broader four-hour and daily trends remain constructive with net buying pressure building over longer intervals.
The latest daily buy ratio of 50.8% sits at the 68th percentile of the last 323 days, against a median of 49.7% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for NEAR, averaged over the days leading up to the story.
Over the preceding week, NEAR saw a 7-day average buy ratio of 49.5%, with the latest day showing a 1.0 point increase over that average. Trading volume was 2.48 times the average, signaling an unusual level of activity compared to normal days. The price changed by +81.3% over eight days, with a total volume delta of +$3,609,502. This week shows four days of net buying out of seven, contrasting with the current day's mixed short-term signals but confirming a strong weekly trend.