$NEAR Jumps 78% in a Week as Intents Volume Nears $30B.
$NEAR has surged roughly 78% over the past seven days, climbing from around $2.41 to $4.29, while the broader crypto market gained about 6%. The rally comes as NEAR Intents approaches a major adoption milestone with $29.3 billion in cumulative volume.
NEAR Intents allows users to request cross-chain swaps while competing market makers handle execution. The platform processed around $842 million over the past seven days, showing that the cumulative figure is being supported by substantial recent activity.
Privacy has also become a major part of the narrative. NEAR recently made deposits and withdrawals for perpetual futures trading through near.com confidential by default, while Zcash wallet ZODL generated about $3.8 million across 458 transactions in a recent 24-hour period, ranking third among referral sources by volume.
Bitwise analyst Camran Khosravi described NEAR and Zcash as “complements,” but added an important caveat: NEAR Intents’ TVL can increase simply because ZEC already held in the system appreciates, without any new capital entering. That distinction matters when assessing whether the growth reflects fresh deposits or rising asset prices.
#NEAR #Altcoin Season# #Macro Insights#
$NEAR has surged roughly 78% over the past seven days, climbing from around $2.41 to $4.29, while the broader crypto market gained about 6%. The rally comes as NEAR Intents approaches a major adoption milestone with $29.3 billion in cumulative volume.
NEAR Intents allows users to request cross-chain swaps while competing market makers handle execution. The platform processed around $842 million over the past seven days, showing that the cumulative figure is being supported by substantial recent activity.
Privacy has also become a major part of the narrative. NEAR recently made deposits and withdrawals for perpetual futures trading through near.com confidential by default, while Zcash wallet ZODL generated about $3.8 million across 458 transactions in a recent 24-hour period, ranking third among referral sources by volume.
Bitwise analyst Camran Khosravi described NEAR and Zcash as “complements,” but added an important caveat: NEAR Intents’ TVL can increase simply because ZEC already held in the system appreciates, without any new capital entering. That distinction matters when assessing whether the growth reflects fresh deposits or rising asset prices.
#NEAR #Altcoin Season# #Macro Insights#
