CoinTelegraph • October 8th 2026, 8:17 AM
NEAR enters crypto’s top 20 after 140% surge in 30 days
Key Summary
NEAR Protocol's native token has surged 138% in 30 days, reaching the top 20 cryptocurrencies by market capitalization, driven by its cross-chain trading protocol NEAR Intents' $31 billion in cumulative transaction volume. The token's market cap has increased to approximately $7.2 billion, and its 24-hour trading volume has reached $1.2 billion.
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Market Update
NEAR Protocol's native token has surged 138% in 30 days, reaching the top 20 cryptocurrencies by market capitalization, driven by its cross-chain trading protocol NEAR Intents' $31 billion in cumulative transaction volume.Trading Volume and Market Cap
The token's market cap has increased to approximately $7.2 billion, and its 24-hour trading volume has reached $1.2 billion.NEAR Intents' Growth
NEAR Intents, a cross-chain trading protocol, has handled over $31 billion in cumulative transaction volume, according to the NEAR Intents Explorer.Impact of Recent Events
On Oct. 2, General Manager Alex Shevchenko said that all stolen funds had been returned, a day after the breach was disclosed. The Sept. 29 launch of the first US spot exchange-traded product tracking the token has also contributed to its rise in the rankings.Conclusion
NEAR's rise in the rankings follows its successful handling of the $3.8 million exploit involving its deposit and withdrawal infrastructure. The token's growth is a testament to its increasing adoption and utility in the crypto market.#Bitcoin#US#Crypto#SEC#NEAR