NEAR Rises 31.11% This Week: Only 9 of 200 Weeks Were Stronger
Bitwise filed the final prospectus for a NEAR spot ETF, and NEARUSDT rose 31.11% this week. Only 9 of 200 weekly samples were stronger.
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Bitwise filing the final prospectus for a NEAR spot ETF put NEAR at the center of this week's market. NEARUSDT moved from 4.166 USDT to 5.462 USDT, a gain of 31.11%, and only 9 of 200 weekly samples were stronger. For contract traders this is not a headline to scroll past: the filing marks another step in the spot ETF process, and the chart has already answered with a weekly candle.
What the week actually did
Daily closes and changes are listed as they are, with no adjustment.
| Date | open | close | change |
|---|---|---|---|
| 2026-09-20 | 3.589 USDT | 4.166 USDT | 16.08% |
| 2026-09-21 | 4.166 USDT | 4.269 USDT | 2.47% |
| 2026-09-22 | 4.269 USDT | 4.423 USDT | 3.61% |
| 2026-09-23 | 4.423 USDT | 4.331 USDT | -2.08% |
| 2026-09-24 | 4.332 USDT | 4.59 USDT | 5.96% |
| 2026-09-25 | 4.59 USDT | 4.948 USDT | 7.8% |
| 2026-09-26 | 4.948 USDT | 5.036 USDT | 1.78% |
| 2026-09-27 | 5.037 USDT | 5.462 USDT | 8.44% |
Only 2026-09-23 closed lower, down 2.08%; every other session closed up. Three days did the heavy lifting. On 2026-09-20 price moved from 3.589 USDT to 4.166 USDT, up 16.08%, setting the tone. On 2026-09-25 it moved from 4.59 USDT to 4.948 USDT, up 7.8%. On 2026-09-27 it moved from 5.037 USDT to 5.462 USDT, up 8.44%, pushing the weekly high higher again. The sessions in between rose in smaller steps: 2.47%, 3.61%, 5.96% and 1.78%. No single day ran away, which suggests buyers came in batches rather than in one spike. NEARUSDT is a crypto USDT-margined perpetual contract listed on 2020-10-15, so it trades around the clock and weekend news gets priced immediately, as the 2026-09-27 close shows.
Where this week ranks in 200 weeks
The weekly sample for NEARUSDT is 200 weeks, and only 9 were stronger than this one. Listing those weeks makes the position clearer.
| Stronger week start | open | close | change |
|---|---|---|---|
| 2023-01-09 | 1.646 USDT | 2.242 USDT | 36.21% |
| 2023-12-18 | 2.268 USDT | 3.803 USDT | 67.68% |
| 2024-03-04 | 4.439 USDT | 5.954 USDT | 34.13% |
| 2024-03-11 | 5.955 USDT | 8.25 USDT | 38.54% |
| 2025-05-05 | 2.318 USDT | 3.14 USDT | 35.46% |
| 2025-11-03 | 2.189 USDT | 3.073 USDT | 40.38% |
| 2026-05-18 | 1.507 USDT | 2.394 USDT | 58.86% |
| 2026-08-31 | 1.818 USDT | 2.439 USDT | 34.16% |
| 2026-09-14 | 2.297 USDT | 4.166 USDT | 81.37% |
The strongest of those was 2026-09-14, up 81.37%, from 2.297 USDT to 4.166 USDT, followed by 2023-12-18 at 67.68% and 2026-05-18 at 58.86%. This week's 31.11% is lower than every row above, but it came right after the 81.37% week, making it a second consecutive strong week rather than a bounce from a low. The 2026-09-14 close of 4.166 USDT is exactly this week's open, so the two connect. The back-to-back weeks of 2024-03-04 and 2024-03-11, up 34.13% and 38.54%, show that consecutive strength has happened before, and this week looks closer to that pattern than to a single-week pulse like 2023-01-09.
What the hot posts say
Hot posts on the Square argue that the Bitwise final prospectus for a NEAR spot ETF is the direct catalyst, and that reaching the final stage leaves only the last procedural steps before a listing, so the market prices that expectation in early (relayed, not this site's view). Some posts caution that ETF expectations are news-driven and that uncertainty remains between filing and an actual listing. Others focus on volume and positioning, saying short-term participation has clearly risen after two strong weeks and that volatility will follow. These are discussions, not confirmed facts, and are useful as reference rather than as conclusions.
Three honest points
First, gaps are common in news-driven moves. NEARUSDT trades around the clock, so weekend pricing shows up in the next daily candle, as the 2026-09-27 move from 5.037 USDT to 5.462 USDT shows. When price jumps, check whether news or thin liquidity caused it before chasing.
Second, high leverage gets hit from both sides in a week like this. Only 2026-09-23 closed lower, down 2.08%, yet that single down day is enough to force deleveraging at high leverage. The 31.11% weekly gain is the result; the drawdowns along the way were real, so size positions by the drawdown you can take, not by the weekly number.
Third, funding rates and the fact that the best week is only visible in hindsight belong together. In a sustained move, perpetual funding tends to lean one way and holding costs build up. The 9 stronger weeks in the 200-week sample were all labeled after the fact; nobody knew at the time that a given week would rank near the top. Treating the 31.11% already printed as a reference for the future turns a conclusion into a starting point.
What the fees look like
The default maker fee on Binance contracts is 0.02% and the default taker fee is 0.05%. The rebate ratio is 20%, which brings the effective maker fee to 0.016% and the effective taker fee to 0.04%. At that level, frequent entries and exits within a week have a visible effect on results, especially when taker orders dominate.
Source: https://fapi.binance.com/fapi/v1/exchangeInfo Data as of 2026-09-28; source: Binance official API. Not investment advice.
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Binance is not available in your region. What follows is not a centralized exchange โ it is a different kind of product that you can use:
๐ Binance Web3
A self-custody wallet inside the Binance app; swaps route through on-chain DEX aggregation, not an exchange account
Bind via our link and wallet swap fees drop 30%. On-chain gas and slippage are not covered by the discount.
You must already be a verified Binance user to create a Binance Wallet (official FAQ Q13); wallet referrals and exchange referrals are two separate systems. Zero-fee pairs such as stablecoin swaps generate no rebatable fee.