NEAR TVL declines to $191M as price falls 10% – Will THIS spur more decline?

NEAR has extended its bearish run by recording a 10% price drop over the last 24 hours just after closing below the $4.0-$4.7 demand zone. The drop comes after big players shy off the market following the recent crypto developments. The NEAR Spot ETF recorded zero inflows over the last 24 hours, while network revenue also dropped to its lowest level in the last week. Will the negative sentiment keep NEAR's bearish run going? ETF inflows and network metrics show weakening demand The absence of net inflows into NEAR Spot ETFs over the past 24 hours points to a lack of fresh institutional demand through these products. While one day of zero inflows does not establish a sustained withdrawal trend, it offers little support during the current decline.

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