NEAR jumps nearly 80% in a week as Intents volume nears $30B

Near Protocol’s native token surged nearly 80% over the past week, outpacing the wider crypto market as the network expanded its privacy-focused trading services.On Monday, NEAR traded around $4.29, up about 78.2% over seven days and 22% over the past 24 hours, according to CoinGecko. Total cryptocurrency market capitalization rose about 6% over the same seven-day period. On Thursday, Near Protocol said deposits and withdrawals for perpetual futures trading through near.com were now confidential by default. Near said the feature obscures the link between a trader’s funding wallet and a dedicated Hyperliquid trading account.On the same day, Near said near.com’s confidential total value locked (TVL) had crossed $70 million, triggering the first snapshot under its NEAR@3.33 incentive program. The program allocated 333,333 milestone tokens for the first distribution. Under the program’s rules, those tokens unlock and convert to NEAR when its three-day volume-weighted average price reaches at least $3.33.NEAR Intents reaches $29.3 billion in cumulative volume NEAR Intents lets users request cross-chain swaps, with market makers competing to execute them.The NEAR Intents Explorer showed ...