On November 1st, the native token of the Near Protocol, NEAR, made headlines with an impressive intraday price surge of 11%.
This sudden boost in price followed a significant announcement of the company’s partnership with Nym Technologies.
According to a blog post, the partnership involves the integration of the Nym mixnet into the Near ecosystem. This is to enhance privacy and security for developers, operators, and users operating within the Near ecosystem.
While NEAR did experience a slight pullback after the initial rally, it still managed to maintain a 9% increase in its price over the past 24 hours, according to data from CoinMarketCap.
As of the time of this report, NEAR was trading at $1.46, marking its highest price level since June 3rd. Over the last week, the token’s value has surged by nearly 25%.
