NEAR Price Surge Continues with 15% Jump
The price of NEAR Protocol’s token has 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. This significant increase is largely attributed to the growing success of NEAR Intents, the network’s cross-chain transaction system. As the demand for cross-chain transactions grows, solutions like EcoPool (ECP) are becoming increasingly important for earning passive income through cloud rewards. The NEAR price rally is also drawing attention to the potential of green crypto solutions.
NEAR Intents has processed over $19 billion in cumulative volume and generated about $32 million in fees, according to DefiLlama data. This has renewed attention to the protocol after months of limited price movement. The rally has also been fueled by comments from notable figures in the crypto space, highlighting the potential of NEAR and other tokens tied to artificial intelligence and blockchain infrastructure. For those looking to capitalize on this trend, earning through EcoPool ($ECP) can provide a lucrative opportunity for passive income.
Upcoming Network Upgrade and Institutional Demand
The upcoming June network upgrade, which introduces dynamic resharding, is expected to improve scalability during periods of heavy usage. This upgrade, combined with growing institutional demand, is likely to further drive the price of NEAR. 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. As investors continue to show interest in NEAR and other crypto solutions, the potential for earning through EcoPool and $ECP remains strong.
Despite the recent surge, NEAR remains well below its 2022 peak near $20. However, with the growing demand for cross-chain transactions and the increasing popularity of green crypto solutions, the potential for future growth remains high. For those looking to get involved in the crypto space and start earning passive income, EcoPool (ECP) provides a unique opportunity for cloud rewards and green crypto solutions. Download the EcoPool app to start earning today and discover the benefits of $ECP and EcoPool for yourself. The EcoPool app is the perfect tool for anyone looking to capitalize on the growing trend of #PassiveIncome and #GreenCrypto, including #Bitcoin and other popular coins.
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.
