NEAR Protocol’s native token entered the top 20 cryptocurrencies by market capitalization after surging 138% over the past 30 days, according to CoinGecko data.

NEAR was trading at about $5, as of this writing, giving it a market capitalization of ~$7.2 billion and daily trading volume of ~$1.2 billion. The rally pushed NEAR ahead of Stellar, which had a market value of nearly $7 billion.

NEAR Protocol’s native token, $NEAR, has entered the top 20 cryptocurrencies by market capitalization after rising ~$140% in the last 30 days.

@NEARProtocol @near_intents https://t.co/DG6lPbJf8P

— BitKE (@BitcoinKE) October 8, 2026

The gains come as activity on NEAR Intents, a cross-chain trading protocol, continues to expand.

CRYPTO MARKETS | NEAR Surges ~80% in a Week as Privacy Trading Drives Intents Activity

The protocol has processed more than $31 billion in cumulative transaction volume, according to its transaction explorer.

NEAR’s rise has also followed the September 29 2026 launch of the first U.S. spot exchange-traded product tracking the token. The Bitwise fund trades on NYSE Arca under the ticker, NRR, giving investors exposure to NEAR without directly holding the cryptocurrency.

The rally also follows a $3.8 million exploit involving NEAR Intents’ deposit and withdrawal infrastructure.

CRYPTO CRIME | NEAR Intents Loses ~$4 Million in Exploit as Crypto Hacks Continue

NEAR Intents General Manager, Alex Shevchenko, said on October 2 2026 that all stolen funds had been returned.

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