NEAR Protocol's token climbed 15% over the past 24 hours to $2.80, extending a month-long rally that has nearly doubled its price — up 90% in 30 days. The move is anchored in real product traction: NEAR Intents, the network's cross-chain transaction system, has processed over $19 billion in cumulative volume and generated approximately $32 million in fees.
NEAR Intents lets users specify a desired outcome — say, swapping USDC on Ethereum for SOL on Solana — while third-party solvers handle execution behind the scenes. That abstraction layer has drawn renewed institutional attention, with the Bitwise NEAR Staking ETP listed in Europe growing to roughly $40 million in AUM after $7 million in single-week inflows.
CoinDesk