According to the NEAR founder Illia Polosukhin, there are plans to establish the Sovereign Fund, which will be financed using 30 million NEAR tokens. The proposal arrives as NEAR records its fourth consecutive day of gains, with buyers returning to both the spot and derivatives markets. NEAR has spent months consolidating inside a bullish pennant, a pattern that has repeatedly produced rebounds from support before another attempt at the upper boundary. As it stands, the combination of whale accumulation, persistently positive Funding Rates, and the proposed Sovereign Fund has improved market sentiment. If buyers defend the pennant support, they could drive NEAR toward $1.85 before it faces its next major resistance.