NEAR

NEAR Jumps 5% After Quantum Security Upgrade—Is $2 the Next Stop?

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  • NEAR Protocol launched a quantum-resistant security upgrade using NIST-approved FIPS-204 cryptography.
  • The network also introduced dynamic resharding to improve automatic blockchain scalability.
  • Renewed buying activity has pushed NEAR higher, with traders watching the $2 resistance level.

NEAR Protocol is taking a major step toward securing its blockchain against future technological threats. The network’s latest testnet upgrade introduces quantum-resistant cryptography alongside an automatic scaling improvement, reinforcing its long-term vision while fueling renewed investor interest.

The announcement comes as concerns about quantum computing continue to grow across the crypto industry. Earlier this year, Google warned that advances in quantum technology could eventually weaken the cryptographic systems protecting digital assets, prompting blockchain developers to accelerate preparations.

NEAR Adds Quantum-Safe Security Features

The newly released NEAR Protocol 2.13 testnet upgrade introduces post-quantum access keys powered by the NIST-approved FIPS-204 digital signature standard. The goal is to protect user accounts from future attacks that could emerge as quantum computing becomes more powerful.

The protocol is also collaborating with Ledger to strengthen hardware wallet security for a future where quantum-resistant protection may become essential.

While quantum computers capable of breaking modern cryptography are not yet available, many blockchain projects are beginning to prepare years in advance rather than waiting until the threat becomes immediate.

Dynamic Resharding Improves Network Scalability

Beyond security, the upgrade also introduces dynamic resharding, allowing the blockchain to scale automatically as network activity grows.

Instead of requiring manual upgrades, the network can split overloaded shards and redistribute data as demand increases. This approach is designed to improve efficiency while supporting higher transaction volumes without disrupting users.

Near buy sell volume
Source: Coinalyze

Together, the security and scalability enhancements position NEAR as one of the projects proactively preparing for the next generation of blockchain infrastructure.

Market Responds With Higher Trading Activity

The upgrade quickly attracted attention from traders.

Spot market data showed buyers regaining control after several days of selling pressure, with buy orders slightly exceeding sell orders for consecutive sessions. At the same time, derivatives activity strengthened as trading volume climbed sharply and open interest increased, suggesting fresh positions were entering the market rather than existing trades simply being closed.

The combination of rising trading volume and growing open interest often reflects increasing market participation following major network developments.

NEAR responded positively to the announcement, bouncing from support around $1.70 before climbing near $1.90, posting a daily gain of more than 5%.

Technical indicators also improved. The Relative Strength Index moved higher after a bullish crossover, while the Directional Movement Index signaled strengthening buying momentum.

If demand continues, NEAR could challenge the psychological $2 resistance level, with $2.50 emerging as the next key target. However, if buying interest fades after the initial excitement, the token could revisit support near $1.70.

Also Read: US Senate Crypto Tax Plan Nears Breakthrough: 5 Key Changes Investors Should Watch

As blockchain developers increasingly prepare for the quantum era, NEAR’s latest upgrade highlights how security innovation can also become a catalyst for renewed market confidence

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

Andrew Chen

I'm a crypto enthusiast with a background in finance. I'm fascinated by the potential of crypto to disrupt traditional financial systems. I'm always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.

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