Why Near Protocol Is Surging Once Again Today
The award for the best-performing top-50 cryptocurrency by market capitalization over the past week goes to Near Protocol (CRYPTO: NEAR). Much of this token's 21% rise over the past seven days can be attributed to today's move in this token, which has seen Near Protocol surge 6.6% higher over the past 24 hours, as of 11:30 a.m. on Tuesday.
This rapid rise appears to the the result of news that Trisolaris (CRYPTO: TRI), a large decentralized exchange on the Near Protocol blockchain, has raised $4.5 million in a venture capital funding round. This funding round was led by Electric Capital, with Jump Crypto, Dragonfly Capital, and other investors jumping aboard.
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Source Fool.com
