Kalshi Integrates NEAR for US Users, Plans Global Expansion

  • Kalshi, a top prediction market by volume, now supports NEAR for deposits and withdrawals in the US, planning global expansion soon.
  • The announcement was made on November 25, receiving support from both Kalshi and NEAR communities.
  • This integration allows US traders to use NEAR as currency on Kalshi, enhancing utility and user base.
  • Google recently integrated Kalshi and Polymarket data into its search results, showing increased interest in prediction markets.
  • The NEAR token is currently trading at $1.89, near its year-long support level.
  • Market analysts indicate this as a potential buying opportunity, despite susceptibility to broader market conditions like Bitcoin price movements.
  • NEAR Intents has seen significant growth, crossing $6 billion in volume recently, as noted by industry figures.
  • Hunter Horsley of Bitwise highlighted NEAR's rapid increase in transaction volume.
  • Revenue from NEAR Intents fees grew from $6 million to over $10 million in a short period.
  • Brave browser recently implemented NEAR AI TEE solution, marking another milestone for NEAR.

NEAR price 1D | Source: TradingView