NEAR Protocol’s native token surged over 11%, moving from around $2.32 to $2.59. This rally coincides with NEAR Intents crossing $27 billion in volume across 34 different blockchains. The infrastructure is now integrated by major players including Ledger, Brave, Infinex, and LI.FI. Technically, the RSI reached 74 (overbought territory) while open interest stands at $458 million with positive funding rates around 0.0117. The article notes that no causal relationship between Intents growth and the token’s 11% move has been established.
Source: Read the original article
