#NEARRisesNearly80%InAWeek
Soon, it will tear through nearly 80% in a single week. The interesting part is not the number.
But what’s underneath it.
NEAR Intents now shows more than $29 billion in cumulative volume across 35 series, while the network pushes deeper into covert trading and execution across the chains. It also surpassed the $70 million threshold tied to the NEAR@3.33 incentive program, and the first 333,333 of the “mentor” tokens has now been distributed after meeting the 3-day requirement at an average VWAP price of 3.33.
This makes the rise much harder to ignore as merely a fleeting pump of an alternative coin.
But wait—maybe this is also something people have gotten too used to.
Much of the recent attention is on incentives, privacy products, and the rapid expansion of Intents activity. These figures are impressive. The harder question is whether users keep generating meaningful activity as the incentive structure becomes less important.
That’s what I’m watching now.
Not only whether NEAR can keep climbing, but whether core usage will continue to expand once market excitement cools off.
Also, the Federal Reserve doesn’t give this move an easy economic explanation. It raised rates by 25 basis points last week, so the rise is happening despite a tighter policy—not because of a fresh rate cut.
Or has the real NEAR story only started now?
Please follow up
$NEAR
Soon, it will tear through nearly 80% in a single week. The interesting part is not the number.
But what’s underneath it.
NEAR Intents now shows more than $29 billion in cumulative volume across 35 series, while the network pushes deeper into covert trading and execution across the chains. It also surpassed the $70 million threshold tied to the NEAR@3.33 incentive program, and the first 333,333 of the “mentor” tokens has now been distributed after meeting the 3-day requirement at an average VWAP price of 3.33.
This makes the rise much harder to ignore as merely a fleeting pump of an alternative coin.
But wait—maybe this is also something people have gotten too used to.
Much of the recent attention is on incentives, privacy products, and the rapid expansion of Intents activity. These figures are impressive. The harder question is whether users keep generating meaningful activity as the incentive structure becomes less important.
That’s what I’m watching now.
Not only whether NEAR can keep climbing, but whether core usage will continue to expand once market excitement cools off.
Also, the Federal Reserve doesn’t give this move an easy economic explanation. It raised rates by 25 basis points last week, so the rise is happening despite a tighter policy—not because of a fresh rate cut.
Or has the real NEAR story only started now?
Please follow up
$NEAR
