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

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

Summary

NEAR rose 138% in 30 days, entering the top 20 cryptocurrencies by market capitalization. It traded near $5.51, with a $7.2 billion market cap and about $1.2 billion in 24-hour volume, overtaking Stellar. NEAR Intents has processed more than $31 billion in cumulative volume. The rally followed the launch of a US spot exchange-traded product tracking NEAR. Separately, the protocol’s Intents service suffered a $3.8 million exploit, but NEAR General Manager Alex Shevchenko said the stolen funds were returned.