NEAR Intents Nears $3B in Volume Amid Growing Industry Support
NEAR Intents Protocol Nears $3 Billion Volume
- NEAR Intents, a cross-chain protocol on the NEAR platform, is nearing $3 billion in all-time volume.
- In the last month alone, it processed $1.56 billion, with 471,316 unique accounts participating.
- The protocol supports 124 assets across more than 20 blockchains.
- Recent daily volume reached $67.38 million.
Industry Recognition and Adoption
- NEAR Intents has gained substantial support from various crypto industry figures and projects.
- Eric Wall praised its capability to handle transactions across any blockchain using any coin.
- Brendan Farmer, Polygon co-founder, highlighted the protocol's ability to integrate private money within the crypto ecosystem.
- Mert from Helius and Dan Smith from Blockworks Research have also commended NEAR Intents.
Expanding Ecosystem and Developments
- NEAR Intents recently added Tron, Cardano, and Aptos to its supported blockchains.
- The NEAR community approved an inflation halving, reducing token emissions from 5% to 2.5% annually.
- OceanPal-backed SovereignAI plans to use $120 million for a NEAR-based digital asset treasury.
NEAR Protocol, Zcash, Bitcoin, Polygon, Ethereum, Solana, Tron, Cardano, Aptos