๐จ THE $NEAR BULL CASE IS GETTING INTERESTING
The bigger thesis isnโt just about price anymore.
Itโs about whether $NEAR Intents can become a major cross-chain execution layer for assets and AI agents. ๐
๐ The numbers are getting attention: โข NEAR Intents has processed $32B+ in cumulative volume, with recent monthly volume running in the multi-billion-dollar range. โข Bitwiseโs $NEAR ETF (NRR) launched in the U.S. on September 29. Reports put its first few days of inflows around $50M+. โข Backpack has also expanded support for NEAR trading.
But thereโs a major counterweight. โ ๏ธ
On September 30, NEAR Intents suffered an exploit involving approximately $3.8M. The vulnerability was patched, and the stolen funds were subsequently returned in full.
Now comes the important part:
๐ Does Intents volume continue growing after the exploit?
๐ฆ Do NRR ETF inflows remain strong after the initial launch hype fades?
๐ค Does NEAR actually capture meaningful demand from the emerging AI-agent economy?
If Intents activity keeps expanding + ETF demand remains persistent + security confidence recovers, the long-term $NEAR thesis becomes considerably more interesting.
Iโm watching the fundamentals, not just the chart.
Bullish or bearish on $NEAR? ๐
#NEAR #Crypto #AI #Altcoins #NEARProtocol #ETF #DeFi
The bigger thesis isnโt just about price anymore.
Itโs about whether $NEAR Intents can become a major cross-chain execution layer for assets and AI agents. ๐
๐ The numbers are getting attention: โข NEAR Intents has processed $32B+ in cumulative volume, with recent monthly volume running in the multi-billion-dollar range. โข Bitwiseโs $NEAR ETF (NRR) launched in the U.S. on September 29. Reports put its first few days of inflows around $50M+. โข Backpack has also expanded support for NEAR trading.
But thereโs a major counterweight. โ ๏ธ
On September 30, NEAR Intents suffered an exploit involving approximately $3.8M. The vulnerability was patched, and the stolen funds were subsequently returned in full.
Now comes the important part:
๐ Does Intents volume continue growing after the exploit?
๐ฆ Do NRR ETF inflows remain strong after the initial launch hype fades?
๐ค Does NEAR actually capture meaningful demand from the emerging AI-agent economy?
If Intents activity keeps expanding + ETF demand remains persistent + security confidence recovers, the long-term $NEAR thesis becomes considerably more interesting.
Iโm watching the fundamentals, not just the chart.
Bullish or bearish on $NEAR? ๐
#NEAR #Crypto #AI #Altcoins #NEARProtocol #ETF #DeFi