NEAR Rallies 22% Following Launch of Confidential Perpetuals on Hyperliquid

NEAR Protocol (NEAR) surged 22% to $2.98 on Thursday, driven by the introduction of confidential perpetual trading supported by Hyperliquid. The rally was accompanied by a 120.4% increase in trading volume, reaching $1.24 billion, while the project's market capitalization climbed to approximately $3.9 billion.