NEAR Surges Over 80% as Hyperliquid Launch Sparks Fresh Price Predictions

• NEAR price jumps above $4 as confidential trading boosts the NEAR forecast, crypto outlook and bullish expectations
• NEAR’s confidential trading service supports more than 50 perpetual markets with up to 40x leverage
• Analysts are watching the $5-$6 range, but the sharp rally could also lead to a pullback if buying momentum slows

NEAR’s price is the latest crypto coin to renew its momentum in the crypto market. The near price has jumped sharply after NEAR launched its private perpetual futures trading on Hyperliquid. The token was earlier trading at $2 and has now jumped to claim $4 within a few days’ span. This new financial service allows traders to trade in more than 50 perpetual markets, with up to 40x leverage. At the same time, this development has led analysts to issue new NEAR bullish forecast calls. How positive is the NEAR crypto outlook for the future?

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Near Price Jumps After Confidential Trading Launch

The NEAR price has reached a new recent high amid the launch of its new trading service on September 17. The token was quick to reach the $4 price mark, later gaining more than 80% over seven days. This new financial service added a new factor to the NEAR crypto outlook; it’s a new perpetual futures trading service, which allows traders to use 40x leverage. The system uses Hyperliquid for trading and NEAR’s Confidential Intents for private deposits and withdrawals.

One of the striking features about this service is its privacy. Users are free to trade perpetual futures without publicly connecting them to their deposit wallet. This also means traders can keep their deposit wallets disconnected from their trading positions. The trades take place on Hyperliquid’s public order book.

This launch has come at a time when NEAR’s Confidential Intents products have also passed $70M in total value locked. This development has triggered a 333,333 NEAR incentive program for eligible users.

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NEAR Forecast and Future Outlook

The NEAR price forecast is the latest talk of the crypto market after the token reached a new recent high. Per the NEAR crypto outlook issued by Coinpedia, some projections have pointed toward the $5 or $6 range if the current rally continues.

The NEAR bullish forecast calls have intensified after the launch of NEAR confidential trading. Per CoinCodex, NEAR price outlook is bullish, with the asset eying a new high of $6 by 2040. 

“NEAR Protocol is forecasted to hit $ 3.70 by the end of 2026 (-16.03% compared to current rates), $ 4.47 by 2030 (+1.49%), $ 6.28 by 2040 (+42.53%), and $ 4.91 by 2050 (+11.49%).”

However, the current spike in NEAR price also leaves the asset vulnerable to encountering a sharp price drop as well. A pullback is possible if buying momentum slows. For now, traders may have to watch how the token performs in the market for the longer term.

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