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      NEAR Protocol Surpasses $30 Billion in Cumulative Trading Volume Amid Record Activity

      NEAR Protocol's intent-based trading layer has achieved a significant milestone, surpassing $30 billion in cumulative all-time trading volume, now standing at approximately $31.4 billion, as reported by Dune Analytics. This achievement coincided with one of the platform's strongest single-day performances, where daily trading volume exceeded $300 million on September 18, contributing to a weekly total ranging between $842 million and $1.04 billion.

      The NEAR Intents system allows users to execute trades across more than 30 blockchain networks without the need for locking assets or minting wrapped tokens. Instead, users can specify their desired trades, and a network of competing solvers identifies the most efficient way to fulfill those orders. This innovative approach has led to cumulative fees from public intents exceeding $48 million, in addition to fees from confidential intents, which are not fully disclosed.

      A notable factor in the recent surge in trading volume has been the activity surrounding Zcash (ZEC) swaps, particularly through the ZODL wallet, which generated $3.8 million in volume across 458 transactions. This increase in trading activity has also positively impacted the NEAR token, which saw a 78% rise in value within a week, reaching approximately $4.29 per token. The platform's ability to process confidential transactions without revealing order details has provided a competitive advantage, appealing to users who prefer privacy in their trading activities.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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