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NEAR Protocol and the Patience Tax on Layer-One Narratives NEAR Protocol is, at the moment, a study in the slow grind that defines middle-aged crypto assets.
The token drifted to around $1.53 this week, surrendering close to four percent over twenty-four hours after bulls failed, yet again, to convert a tap at $1.62 into a sustained move.
The four-hour chart shows what traders dryly call indecision and what longer-term holders feel as exhaustion: a string of attempts at the same ceiling, each one repelled, with the Bollinger Bands tightening around a price that has stopped surprising anyone.
The market cap sits just under two billion dollars on a circulating supply of roughly 1.29 billion tokens.
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