$NEAR is surging roughly 12%, outperforming the broader crypto market as altcoins stage a recovery bounce amid a macro-heavy week. While Bitcoin remains under pressure near $77K following last week's $1B ETF outflows, Moody's U.S. credit downgrade, and geopolitical tensions, NEAR is benefiting from renewed appetite for Layer-1 altcoins alongside broadly positive U.S. regulatory momentum — including the CLARITY Act advancing to the Senate floor, the SEC's expected innovation exemption for tokenized securities, and Minnesota signing a crypto custody bill into law.