NEAR Protocol Spot Volume Drops 36% in 24 Hours

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Trading activity on NEAR Protocol has sharply decreased, with major exchanges seeing a 36% decline in 24-hour spot volume. Spot trading volume has decreased to about $39 million, according to CoinGlass data, but futures volume is still significantly higher at about $302 million. The drop occurs as NEAR has been trading sideways for a few weeks and is having trouble gaining new momentum.

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NEAR Protocol
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Spot volume dropped 36% in 24 hours, indicating reduced trading demand for NEAR.