$NEAR $SOL
NEAR EXPANDS ITS ACCESS TO SOLANA AND RISES NEARLY 14%.
NEAR Protocol expanded its presence in the Solana ecosystem through its integration with Sunrise, an initiative aimed at making it easier to access its assets within that network.
The integration allows NEAR to be operated from Solana-compatible wallets and to access decentralized exchange markets such as Jupiter and Raydium, as well as trading aggregators.
The connection uses NEAR Intents to facilitate transfers between networks.
The news had an immediate reaction in the market. The NEAR token recorded a rise of nearly 14% in 24 hours, according to data published on October 16.
The move coincided with the expansion of its access to Solana liquidity, although the price performance may also be due to other market factors.
The plan includes adding more assets and deepening the connection between both platforms, with the goal of facilitating liquidity movement between different ecosystems.
In addition, Mert Mumtaz, CEO of Helius, an infrastructure company linked to Solana, joined the board of the Near Foundation to collaborate on product strategy and ecosystem development.
The market is closely watching whether this expansion manages to translate into greater trading activity and effective use of NEAR within Solana.
#Near #crypto #TradingCommunity #TrendingTopic #AltSeasonComing
TRADE HERE ๐
NEAR EXPANDS ITS ACCESS TO SOLANA AND RISES NEARLY 14%.
NEAR Protocol expanded its presence in the Solana ecosystem through its integration with Sunrise, an initiative aimed at making it easier to access its assets within that network.
The integration allows NEAR to be operated from Solana-compatible wallets and to access decentralized exchange markets such as Jupiter and Raydium, as well as trading aggregators.
The connection uses NEAR Intents to facilitate transfers between networks.
The news had an immediate reaction in the market. The NEAR token recorded a rise of nearly 14% in 24 hours, according to data published on October 16.
The move coincided with the expansion of its access to Solana liquidity, although the price performance may also be due to other market factors.
The plan includes adding more assets and deepening the connection between both platforms, with the goal of facilitating liquidity movement between different ecosystems.
In addition, Mert Mumtaz, CEO of Helius, an infrastructure company linked to Solana, joined the board of the Near Foundation to collaborate on product strategy and ecosystem development.
The market is closely watching whether this expansion manages to translate into greater trading activity and effective use of NEAR within Solana.
#Near #crypto #TradingCommunity #TrendingTopic #AltSeasonComing
TRADE HERE ๐