NEAR Climbs Into Top 20 Cryptocurrencies With $7.2B Market Cap
Trading volume rose to $1.26 billion as NEAR Intents activity topped $33 billion, helping the token overtake Stellar in market value.
- NEAR Protocol jumped roughly 6% to around $5.50 on Thursday, moving back into the top 20 cryptocurrencies by market capitalization and surpassing Stellar.
- Bitwise chief investment officer Matt Hougan emphasized both existing Intents activity and long-term AI infrastructure plans in an Oct. 7 research paper, describing the opportunity as having measurable usage alongside ambitious growth potential.
- NEAR Intents reached more than $33 billion in cumulative volume across 35 chains, while Confidential Intents saw total value locked grow 335.1% over 90 days despite a security incident earlier this month.
- Trading activity increased alongside the price rally, with 24-hour volume reaching near $1.26 billion; crypto analyst Giannis Andreou identified the first major confirmation area between $5.50 and $6.00.
- Bitwise research indicates NEAR AI Cloud runs open-weight models inside trusted execution environments for data privacy, positioning the protocol to enable software agents to transact across different blockchains.
9 Articles
9 Articles
crypto.news
Cryptocurrency News | Cryptocurrency Prices | Market CapNEAR jumps 6% to $5.50 and flips XLM by market cap
NEAR rose about 6% to $5.50 and passed XLM by market cap as trading volume topped $1.2 billion and Intents crossed $33 billion.
NEAR has entered the top 20 cryptocurrencies by market capitalization, surpassing Stellar, with a 138% increase in the last 30 days. While selling pressure is seen in the cryptocurrency market in general, the native token of NEAR Protocol has attracted the attention of investors with its strong performance. According to CoinGecko data, NEAR gained approximately 138% in value in the last 30 days, becoming the top 20 cryptocurrencies by market cap…
NEAR has just gained about 138% in just 30 days and now joins the top 20 capitalized crypto market. The token trade around $5.50, for a valuation close to 7.2 billion. Behind this increase, NEAR Intents now exceeds $31 billion in cumulative volume, while a first American spot product dedicated to NEAR has just arrived at Wall Street. The NEAR article enters the top 20 crypto with $7.2 billion in valorization appeared first on Cointribune.
NEAR rose 8.7% and displaced Stellar from the top 20 in a day marked by the debut of QTC, a Quantus Network token that, according to the report, uses cryptography resistant to quantum attacks.
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
