NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email NEAR price rally gains momentum as cross-chain product activity fuels further 15% jump The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees. By Francisco Rodrigues | Edited by Aoyon Ashraf May 25, 2026, 5:38 p.m. 2 min read Make preferred on Near co-founder Illia Polosukhin speaks at NEARCON 2021. (NEAR) What to know : NEAR token climbed 15% over 24 hours to $2.8, extending a month-long rally that has nearly doubled its price (up 90%). The rally is fueled by NEAR Intents, the cross-chain system that has processed over $19 billion in volume and generated $32 million in fees. Investors are anticipating a June network upgrade introducing dynamic resharding, which automatically splits network shards to improve scalability. NEAR Protocol’s token climbed 15% over the past 24 hours to $2.8, extending a month-long rally that has seen the price of NEAR double in the past month. The move comes amid the success surrounding NEAR Intents, the network’s cross-chain transaction system. The product allows users to request a desired outcome, such as swapping USDC on Ethereum for SOL on Solana, while third-party solvers execute the transaction behind the scenes. DefiLlama data shows NEAR Intents has processed more than $19 billion in cumulative volume and generated about $32 million in fees. The figures have drawn renewed attention to the protocol after months of limited price movement. The rally accelerated further after BitMEX co-founder Arthur Hayes described NEAR, Hyperliquid’s HYPE and ZEC as crypto’s “ holy trinity ” in a post on social media, before suggesting there’s a “long way to go” in its rally. Near token price performance in last 24 hours (CoinDesk data) NEAR gained about 30% as traders rotated back into tokens tied to artificial intelligence and blockchain infrastructure earlier in the month, while institutional demand has been growing. The Bitwise NEAR Staking ETP listed in Europe has grown to roughly $40 million in assets under management, after seeing $7 million in inflows in a single week. Investors are also watching an upcoming June network upgrade that introduces dynamic resharding . The change is designed to automatically split network shards as demand increases, potentially improving scalability during periods of heavy usage. Despite the recent surge, NEAR remains well below its 2022 peak near $20. NEAR is a layer-1 blockchain focused on applications, AI infrastructure and cross-chain transactions. The network uses a proof-of-stake model and markets itself as a platform designed to simplify interactions across blockchains while handling large volumes of activity through sharding. Crypto News More For You Bitcoin, crypto prices tick up as US-Iran peace deal odds climb By Francisco Rodrigues | Edited by Aoyon Ashraf 52 minutes ago Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium, as Pakistan and Qatar are mediating. What to know : Crypto prices rose as Polymarket odds for a U.S.-Iran peace deal increased to 37% this month. Iranian negotiators arrived in Doha for talks, focusing on the Strait of Hormuz and highly enriched uranium. Pakistan and Qatar are mediating. President Trump stated the agreement is "subject to finalization," emphasizing a conditional... Read full story Latest Crypto News Indonesia blocks Polymarket, calling prediction market online gambling in disguise 34 minutes ago Bitcoin, crypto prices tick up as US-Iran peace deal odds climb 52 minutes ago Buterin says Ethereum Foundation will shrink, sell less ETH, and focus on 'CROPS' 1 hour ago PCE, jobless claims and housing data test Fed cut hopes: Crypto Week Ahead 4 hours ago Prometheum bets Wall Street distribution is the missing link for tokenized securities 5 hours ago HYPE funds attract millions as investors dump bitcoin and ether ETFs 7 hours ago Top Stories Bitcoin options are coming to Nasdaq. Here's what it means for you 11 hours ago Bitcoin trades above $77,000 as oil's 5% slide pushes Asian equities higher 10 hours ago Hyperliquid is emerging as a challenger to traditional exchanges and prediction markets, says FalconX 9 hours ago Crypto and the Fed: State of Crypto 23 hours ago AI is speeding up the quantum threat to crypto, security experts warn May 24, 2026 Coinbase does not fear competition from Wall Street, says exchange executive 21 hours ago