Data from #CryptoSlate shows that #NEAR Protocol's token increased to a three-week high of $1.60 in response to the news of its Foundation agreement with #Alibaba Cloud.

NEAR has dropped by almost 4% during the past month, hitting a low of $1.17 on June 15 before gradually regaining its previous values. According to data from CryptoSlate, at the time of writing, the coin has reversed to $1.58.