💥 Dark horse #Near keeps surging! Undeterred by the broader market sell-off, it has gained 138% in 30 days, reaching a market cap of $7.2 billion and overtaking XLM.
The NEAR Intents cross-chain ecosystem continues to take off, with cumulative transaction volume surpassing $31 billion and a major improvement in user experience. Combined with the backing of a U.S.-compliant ETF, institutional interest has soared and fundamentals have strengthened across the board.
The $3.8 million security breach reported earlier has been fully recovered, easing risk sentiment. However, such a steep rally also carries correction risks. Key factors to watch are the strength of ETF inflows, whether cross-chain trading volume can be sustained, and profit-taking pressure at elevated levels.