Coinspeaker
10 hour ago
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NEAR Surpasses AAVE, Trump-Backed WLFI Amid Intents Growth

NEAR Protocol's Market Position and Growth

  • NEAR now ranks as the 32nd most valuable cryptocurrency by market cap, recently surpassing Trump-backed WLFI and USD1, MemeCore, and AAVE.
  • NEAR is trading at $2.45 with a market cap of $3.14 billion, marking a 24.33% increase in the last 24 hours.
  • The NEAR Intents protocol has shown significant growth, with a 232% increase in trading volume to $858 million in the past 24 hours, accounting for nearly 27% of its market cap.

NEAR price, market cap, volume, and rank as of November 7, 2025 | Source: CoinMarketCap

NEAR Intents Expansion

  • Industry leaders are backing NEAR due to its notable fee generation, with $5.44 million in fees since launch and approaching $4 billion in total volume.
  • Bowen Wang, CTO of the NEAR Foundation, indicated the addition of six to seven new chains to NEAR Intents, with Litecoin potentially being one of them.

NEAR Intents dashboard, as of November 7, 2025 | Source: Dune Analytics

Strategic Developments

  • The approval of an inflation halving has reduced NEAR's annual emission from 5% to 2.5%, potentially lowering supply pressure and enhancing growth prospects.