NEAR Jumps More Than 11% on Deal Bringing Tokenized Stocks to the Network

The NEAR cryptocurrency rose 11.38% after NEAR Protocol announced a partnership with Ondo Finance. The deal gives eligible users outside the United States access to 20 tokenized stocks and ETFs, meaning digital representations of those assets recorded on a blockchain.

The news landed at a moment when the coin was already on a strong winning streak, which is why it's worth looking at the chart to separate what was a reaction to the announcement from what was already underway.

What the partnership covers

In practice, Near.com users can swap stablecoins and other compatible cryptocurrencies for these tokenized products. The offering starts with a slice of Ondo's catalog and is expected to grow, with plans to work across different blockchains.

• Who can use it: eligible users outside the United States.
• What becomes available: 20 tokenized stocks and ETFs, to start.
• How to pay: with stablecoins and other compatible cryptocurrencies.
• Next steps: expanding the catalog and operating across different blockchains.

The turn drew attention because, shortly before, the read from analysts cited by the source had been bearish. In that same analysis, immediate support was at $4.552 and resistance at $4.805, with the RSI at 80.60 and the CCI at 144.65, overbought readings.

What the chart shows

The chart shows daily NEAR/USDT candles on Binance between June 1 and October 7, 2026. A single day's change depends on the cutoff time: Binance's candles close at midnight UTC, so the daily figure may not match the 11.38% cited in the news. Three stretches sum up the period:

• August's bottom: the period's low was $1.538, on August 11. At the end of July, on July 29, the 14-day RSI reached 32.64, the window's lowest value.
• September's spike: from September 16 ($2.621) to September 23 ($4.332), the close rose 65.3%. There were days up 20.1% (September 17), 19.6% (September 18), and 16.1% (September 20). On September 23 the day's high was exactly $4.805, the resistance cited in the analysis, and volume was 121.5 million NEAR, the period's highest.
• After the announcement: on September 24 the coin closed at $4.591, up 6.0% on the daily candle. On September 25 the high passed $5.21, above the resistance, and the period's high came on September 27, at $5.578, the day the 14-day RSI reached 86.92. On October 7 the close was $5.335, 16.2% above September 24, with the RSI at 67.07.

Over the entire period, from June 1 ($2.638) to October 7, the gain was 102.2%. These numbers describe what happened, not what will happen: the overbought reading flagged on September 24 didn't stop new highs in the following days, and on September 28 the coin fell 10.5%, from $5.387 to $4.823, showing how sharp the moves stayed in both directions.

Why this matters

Stock tokenization is one of the most closely watched themes in the crypto market, because it brings traditional assets closer to blockchain networks. For anyone following NEAR, the point to watch is whether the catalog actually grows and whether Near.com usage increases, since the announcement alone doesn't change the network's fundamentals overnight.

If you want to study how news like this affects a cryptocurrency's price, track the chart on a demo account and note what happened in the days following each announcement, without risking money.

Source: Traders Union.

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