NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump
CoinDesk
NEAR Protocol surged 15% amid strong cross-chain activity, positive endorsements, and anticipation for an upcoming network upgrade.Summary
NEAR Protocol's native token rose 15% to $2.80, doubling in value over the past month. This growth is driven by the success of "NEAR Intents," a cross-chain transaction system that has processed over $19 billion in volume, alongside significant institutional interest in the Bitwise NEAR Staking ETP. Momentum further accelerated following positive social media commentary from BitMEX co-founder Arthur Hayes. Investors are now focused on an upcoming June network upgrade, which will introduce dynamic resharding to improve scalability.
(Source：CoinDesk)