i think there is more behind this $NEAR move than just market momentum.

NEAR intents has now processed more than $29b in volume across 35 chains, while confidential trading has been expanding through hyperliquid.

then you have near.com going live with ondo’s tokenized stocks and etfs, bringing assets like tesla, nvidia and qqq into the same experience.

hyperliquid also added near spot trading, giving the token another major liquidity venue.

so when you look at the chart, the pump makes a little more sense.

there are several different narratives around near right now and the market is starting to pay attention.