Pack Your Bags For Da Moon: Which Coin is Arthur Hayes Eyeing?

Arthur Hayes posted a NEAR Protocol (NEAR) weekly price chart with the caption “We got a long way to go … pack your bags for da moon,” reinforcing a bullish stance on the Layer-1 token.

The post arrived as NEAR traded still well below its 2022 peak above $20. The weekly chart Hayes shared shows the token recovering from multi-year lows, suggesting he sees substantial upside from current levels.

His “Holy Trinity” Altcoin in Focus

Hayes’ conviction in NEAR predates the post. Three days earlier, he named Near Protocol alongside Hyperliquid (HYPE) and Zcash (ZEC) as his “holy trinity” of altcoin positions, a broader call across three assets. The new post narrowed the focus to NEAR alone, pairing the bullish caption with that long-range chart.

That framing suggests Hayes views NEAR’s current price range as an entry point rather than a position already playing out. He has described NEAR’s on-chain “intents” feature as a pathway to recurring protocol revenue and cited the convergence of AI infrastructure and blockchain scalability as the core of his thesis.

NEAR has positioned the protocol as infrastructure for autonomous on-chain applications over the past 18 months.

NEAR had already surged more than 65% in the seven days following the May 22 holy trinity call, according to market data. That move built on a period of NEAR Protocol price consolidation following sustained underperformance against larger Layer-1 peers. A separate analysis had flagged the token as potentially undervalued against Solana in daily active user metrics.

Hayes’ Broader Altcoin Playbook

The NEAR post fits a clear pattern of Hayes concentrating capital into protocol-level bets with specific revenue theses. He bought $1.1 million in HYPE earlier in 2026 and has published a $150 price target for HYPE by August. He has also rotated into DeFi positions across ENA, PENDLE, and LDO.

Each pick maps to a specific protocol thesis. For NEAR, the case rests on AI demand meeting on-chain cash flow potential. Whether the broader market prices in that combination before the next leg higher remains the key question in the weeks ahead.

The post Pack Your Bags For Da Moon: Which Coin is Arthur Hayes Eyeing? appeared first on BeInCrypto.

Source: https://beincrypto.com/arthur-hayes-near-protocol-bullish-moon-call/