Near Protocol Intents volume exceeds $27 billion

Near Protocol's Intents infrastructure has reached a significant milestone, surpassing $27 billion in volume across 34 different blockchain networks. This infrastructure facilitates asset movement across chains and is being utilized by various platforms, including Brave, Ledger, Infinex, and LI.FI. The expansion includes capabilities such as moving Zcash into Solana and extending private trading rails for Hyperliquid.

Coinciding with this ecosystem growth, the NEAR token has experienced a price surge of over 10%, rising from approximately $2.32 to $2.59. On-chain metrics have also reached monthly highs, with Total Value Locked (TVL) climbing to $197.99 million and holder revenue reaching $723,000. While the token has successfully defended the $2.28 demand zone and closed above the $2.50 resistance level, market analysts are monitoring whether this momentum can push the price toward the $3.00 target.