$NEAR just crossed $24B in total volume through NEAR Intents, and the price barely moved on it.
that's the part worth sitting with. NEAR Intents is the layer letting the network ship what BSC News called "major upgrades" without users touching bridges or manual swaps, and $24B routed through it means builders are actually using the thing, not just testing it.
at the same time NEAR's co-founder is pushing a sovereign fund to manage protocol assets and curb inflation. that's either the fix for the loudest complaint NEAR holders have, or it's a governance fight that eats the next few months. i think it passes, because a network moving $24B through its own rails doesn't want inflation quietly taxing that story.
$NEAR trades at $4.41 right now, off the $4.66 high but still above the $4.23 low from the last 24 hours. if it holds $4.23, i think this grinds back toward that high on the intents volume alone. if it loses $4.23, i'm wrong on this and anyone who bought the bounce is sitting with no floor to point to.
holding $4.23 or losing it?
follow me for more calls like this.
that's the part worth sitting with. NEAR Intents is the layer letting the network ship what BSC News called "major upgrades" without users touching bridges or manual swaps, and $24B routed through it means builders are actually using the thing, not just testing it.
at the same time NEAR's co-founder is pushing a sovereign fund to manage protocol assets and curb inflation. that's either the fix for the loudest complaint NEAR holders have, or it's a governance fight that eats the next few months. i think it passes, because a network moving $24B through its own rails doesn't want inflation quietly taxing that story.
$NEAR trades at $4.41 right now, off the $4.66 high but still above the $4.23 low from the last 24 hours. if it holds $4.23, i think this grinds back toward that high on the intents volume alone. if it loses $4.23, i'm wrong on this and anyone who bought the bounce is sitting with no floor to point to.
holding $4.23 or losing it?
follow me for more calls like this.
