Bullish
NEAR Protocol (NEAR) rises 7.9% following quantum upgrade and ETF inflows.
In the past 24 hours, NEAR Protocol's price increased by 7.9%, driven by the implementation of a quantum-resistant security upgrade and significant ETF inflows. The upgrade enhances the protocol's security, while the ETF inflows indicate growing institutional interest.
Key points
- NEAR Protocol's price surged 7.9% following the announcement of a quantum-resistant security upgrade and increased ETF inflows.
- NEAR Intents, the protocol's cross-chain transaction product, has processed over $33 billion in cumulative volume, with $4.7 billion in the last 30 days, indicating strong usage.
- The Bitwise NEAR Staking exchange-traded product (ETP) has reached approximately $40 million in assets under management, reflecting growing institutional participation.
Sources
AI-generated from public news sources. Not financial advice.
