Odaily Planet Daily reports that Bitwise Chief Investment Officer Matt Hougan said in a memo that NEAR is one of the few crypto assets combining an ambitious vision with a real business. NEAR rose 198% in the third quarter, and its Intents product has just surpassed $30 billion in cumulative trading volume. It is expected to generate around $45 million in fees this year, some of which will be returned to token holders through buybacks. Hougan said that even if AI agents do not go mainstream, NEAR still has an independent business to support it, with its AI vision serving as an added bonus.
