Bankless · Friday, September 25, 2026
NEAR Protocol is experiencing significant momentum, with its token up 54% in seven days, attributed to its advancements in private intents and revenue generation. The platform's ability to privatize asset transfers across chains and its focus on revenue from 'confidential intents' are key drivers. NEAR is also implementing an 'ultrasound money' strategy, using revenues to buy and burn its native token, mirroring successful narratives from other crypto projects.
“And so you have Zcash, the private money. And then what is Nier doing? It's doing private intents. And so cross-chain, like it just privatizes your asset transfers across chain.”
“And the volume around near intense is up like 85% on the two week. The near is the biggest mover of the week. This week is up 54% in seven days.”
“It's doing kind of like the ultrasound money thing where it's using the revenues from confidential intents to like buy and burn Nier.”