Jupiter and Near Protocol prices are climbing, but their latest moves come with different stories worth unpacking. JUP has gained more than 14% today, and NEAR has risen more than 8% over the last 2 days.
Both projects have fresh developments that help explain the interest around their tokens. The price charts, however, bring a more complicated picture. Jupiter is approaching a level that previously stopped its rally, and Near Protocol still needs to clear an important barrier before its recovery can extend.
Here is what the project updates and analyst observations reveal about these moves.
What you'll learn 👉
Jupiter Price Rises As Its Solana Trading Business Expands
Jupiter’s growth story starts with its role in the Solana ecosystem. The platform aggregates liquidity so users can find trading routes across different venues without checking each venue themselves.
Akshay, who posts as @iiam_Akshay, argues that this position could make Jupiter increasingly important as Solana develops. His reasoning is straightforward: applications that connect users to liquidity can become essential parts of an ecosystem, alongside the blockchain itself.
🔥 $JUP IS BECOMING A MAJOR SOLANA ECOSYSTEM NAME Jupiter has grown around liquidity aggregation and trading infrastructure on Solana. The bigger trend is important: As ecosystems mature, the applications controlling liquidity can become just as important as the base chain itself. #Jupiter #JUP #Solana #DeFi #Crypto #Altcoins
— Akshay (@iiam_Akshay) October 7, 2026
That gives the Jupiter price discussion a business angle beyond the latest daily rally. A platform involved in swaps, lending and other trading services has several potential sources of activity and revenue.
Molu, who posts as @molusol, presented several figures behind that argument:
- Jupiter Lend reached a reported record total market size above $2.5 billion.
- Annualized revenue exceeded $75 million, with $28 million reported in buybacks.
- The platform operates 17 business verticals that molu describes as revenue generating.
- Molu also reports no new scheduled unlocks and net zero token emissions.
These are figures cited by molu, so they should be treated as reported metrics. Annualized revenue describes a revenue rate extended across a year, rather than a completed year’s earnings.
The buyback figure matters because token purchases can create demand for JUP. The reported absence of new scheduled unlocks could also reduce a potential source of additional supply. Neither factor guarantees a higher Jupiter price, but both help explain the positive case around the token.
Jupiter Price Returns To Resistance That Previously Triggered A Pullback
The chart gives that growth story an immediate test.
Trader Steve says JUP has returned to its 11 month high for the 2nd time in 3 weeks. The previous visit ended with a 15% decline within a day, so this area already has a history of selling pressure.
His analysis still describes bullish conditions across multiple timeframes. Nevertheless, he is considering a short position near a possible double top because the available entries do not meet his requirements for potential reward against risk.
A double top becomes relevant when price tests a previous high and fails to break through convincingly. JUP has reached that testing area, but another rejection remains a possibility rather than a confirmed outcome.
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Trader Steve also identifies weaker RSI readings despite price matching the previous high on the daily, 12 hour and 15 minute charts. That bearish divergence means the return to resistance has less momentum behind it on those timeframes.
The evidence is mixed, however. He identifies hidden bullish divergence on the 4 hour chart, which supports the recovery.
Negative funding adds another complication because shorts are paying to maintain their positions. A breakout could force some short sellers to close, and those purchases could accelerate the move.
Trader Steve’s invalidation condition is a 12 hour close beyond his stop above the double top. That would undermine his bearish setup and make a successful retest more relevant. Jupiter price therefore faces a clear question: can buyers turn this previous ceiling into support?
Near Protocol Price Gains Follow Robinhood Chain Access And Bitwise Research
Near Protocol’s recent updates focus on easier transactions across blockchains and infrastructure for AI activity.
NEAR Protocol announced that Robinhood Chain is available through near.com. The integration allows users to swap ETH and USDG against more than 180 assets across over 30 chains. The announcement also describes deposit, withdrawal and payment access to and from Robinhood Chain.
. @RobinhoodCrypto Chain is live on https://t.co/sryybkS1b8. Swap ETH and USDG against 180+ assets across 30+ chains. Deposit, withdraw and pay to and from Robinhood Chain. No navigating bridges, no new app. https://t.co/AQmtLpzqa2
— NEAR Protocol (@NEARProtocol) October 7, 2026
The practical benefit is fewer steps between different blockchain environments. Users can access those functions through the same interface without manually navigating bridges or opening another application.
That development arrives alongside Bitwise research from Matt Hougan and @RasterlyRock. Their report examines NEAR’s role in AI agents, transactions across blockchains and broader crypto adoption.
The argument connects 2 problems: crypto applications can be difficult to use across separate networks, and powerful AI systems remain concentrated among a small number of providers.
NEAR’s infrastructure aims to make transactions easier for users and automated agents. These developments provide context for the NEAR price increase, although the supplied information cannot establish how much each update contributed.
Bitwise’s new report lays out how NEAR has built a "settlement engine fast and cheap enough for AI-scale commerce." Bitwise on NEAR’s flywheel: "Each layer is built to feed the one beneath it. More AI agents mean more Intents transactions, and more Intents transactions mean more settlement on NEAR Protocol." Key growth metrics: ✦ $30B+ cumulative NEAR Intents volume ✦ $4B+ 30-day volume, up 896% year over year ✦ $2M+ 30-day revenue, up 512% year over year Bitwise also highlighted how NEAR Intents demonstrated significant growth through the late stages of the recent crypto winter, and demand surged when the market rebounded. Bitwise on what comes next: "If AI agents become the dominant users of digital infrastructure—as many technologists expect—and NEAR becomes the settlement layer where they transact, the value unlock would be enormous."
— NEAR Protocol (@NEARProtocol) October 7, 2026
NEAR Intents Growth Strengthens The Network Activity Argument
NEAR Protocol’s summary of the Bitwise report includes several activity metrics:
- Cumulative NEAR Intents volume exceeded $30 billion.
- Volume over 30 days topped $4 billion, up 896% year over year.
- Revenue over 30 days exceeded $2 million, up 512% year over year.
Bitwise’s thesis connects greater AI agent activity with more Intents transactions and more settlement on NEAR.
That relationship offers a potential growth path, but transaction volume and token demand are different measures. Higher platform activity does not automatically produce a matching increase in NEAR price.
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Near Protocol Price Needs A Weekly Break Above $6
Giannis Andreou places the next technical test between $5.50 and $6. His chart snapshot showed NEAR at $5.146 after a recovery from approximately $1.
A look at the NEAR chart described by Andreou shows price testing descending resistance from previous lower highs. He wants a weekly close above the resistance zone and a successful retest before the recovery has stronger confirmation.
His initial support area is $4 to $4.60. The next resistance zone is $7.50 to $9, followed by $11 to $12 and $15 to $16.
The approximately $20.44 record high remains a distant scenario with several barriers ahead. Losing $4 would weaken the setup.
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