NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump
CoinDesk1h agoUpdated 1h ago
Smart Read
The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees....
Key takeaways
- 1NEAR token surged 15% in 24 hours to $2.8, up 90% over the past month.
- 2NEAR Intents cross-chain system processed $19 billion in volume and generated $32 million in fees.
- 3June network upgrade introducing dynamic resharding will improve scalability during high-demand periods.
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Why it matters
NEAR's momentum reflects growing institutional adoption (Bitwise ETP has $40M AUM) and successful cross-chain infrastructure, positioning it as a viable layer-1 blockchain for Indian investors tracking blockchain scalability solutions and infrastructure plays in crypto.
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