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Bitcoin

NEAR enters crypto’s top 20 after 140% surge in 30 days


$NEAR Intents, a cross-chain trading protocol, has handled over $31 billion in cumulative transaction volume, according to the $NEAR Intents Explorer.

$NEAR’s rise in the rankings also follows the Sept. 29 launch of the first US spot exchange-traded product tracking the token. The Bitwise fund trades on NYSE Arca under the ticker NRR, offering investors exposure to $NEAR without directly holding the crypto.

$NEAR Intents suffered a $3.8 million exploit involving its deposit and withdrawal infrastructure last week. On Oct. 2, General Manager Alex Shevchenko said that all stolen funds had been returned, a day after the breach was disclosed.



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