what's near?
near protocol is a layer 1 blockchain protocol positioned as an ai-focused platform with a robust defi ecosystem. the protocol has a market cap of $3.43b with 1.2b tokens in supply, which has grown from 2.1b in 2022 to nearly 2.5b in 2025. near features a comprehensive ecosystem including defi protocols like rhea finance (offering high apy staking and liquidity provision), fractionai (prediction markets), and various other projects like veaxlabs and defishards. the platform supports yield farming, staking, lending, and cross-chain functionality. recent developments include high-yield opportunities through ecosystem partners, with some apy rates exceeding 70%, and growing daily dex volumes. the protocol emphasizes user experience, interoperability, and real-world utility execution, positioning itself as a foundation for decentralized finance and ai applications.
NEAR integrates Nansen analytics, enabling Profiler, Token God Mode, and Wallet Profiler features.
contract
ethereum
Used as a bridge for a wallet transferring 9,180 ETH ($18.6M) to swap for PAXG over a 4-day period ending on February 28, 2026, as tracked by onchain analysts.
Grayscale finalized S-1 filing for Spot NEAR ETF
Partnered with Bermuda government to deploy an AI government chatbot using NEAR's privacy tools to help citizens calculate their pensions.
Generated $34 million in annualized revenue (96% from Near Intents) as of February 2026, nearly offsetting $35 million in validator emissions.
Co-hosted Open Source AI Summit at The House SF on February 25-26, 2026, with Illia Polosukhin presenting IronClaw and Pierre Le Guen presenting "Beyond Mac Mini: Scaling Verifiable AI Agents with TEEs", discussing AI agents, verifiable AI, and agentic finance.
Hosted NEARCON 2026 conference in San Francisco, featuring a BAT Community Call and focused on open web and AI applications.
Launched Confidential Intents integrated with NEAR Intents and a NEAR private shard for private cross-chain swaps. Launched SuperApp, supporting one account across 35+ networks for swaps, yield, and confidential transactions.
Partners with Dune Analytics to power a protocol and product revenue tracker that displays fee wallet breakdowns and emissions coverage data.
Hosted Day 2 of NEARCON conference on February 24, 2026.
SVRN, a publicly traded NASDAQ company, holds NEAR tokens in its treasury and aims to accumulate toward 10% of NEAR's total supply through an active accumulation strategy.
Bitwise Asset Management acquired Chorus One, a staking provider handling $2.2 billion in staked assets across networks including NEAR.
Launched Confidential GPU Marketplace on February 23rd, 2026, for enterprise AI workloads built on NEAR DCML. Deployed TEE infrastructure on NEAR Cloud using Intel TDX and NVIDIA Confidential Computing hardware, partnered with Brave for model verification and anti-tampering guarantees.
Launched Nightshade 3.0 on February 23rd, 2026, with separation of consensus and execution, atomic transactions, and a live private shard.
Reached fully unlocked token supply with no remaining vesting, locks, VC, or team allocations.
Halved inflation rate as part of updated tokenomics, moving toward a deflationary model.
Directed $1 million in NEAR buybacks through governance-based structure.
Launched onchain governance system with Intents fee switch on February 23rd, 2026, enabling automatic revenue-sharing with payouts in NEAR and $NEAR buybacks, halted token inflation, and activated fee switch mechanism.
NEAR Intents reached $20 billion in total volume, with $13 billion in cross-chain volume.
Ranks 3rd in Santiment's AI & Big Data development based on GitHub commits and contributor count.
Featured in a presentation comparing sharding approaches at ETHDenver main stage on 2026-02-19 at 4:10pm.
Launched a competition on Agent Market with a 1000 NEAR prize pool for fraud detection agents.
IronClaw agent framework is used by the creator of the largest privacy coin.
Pudgy Penguins launched $PENGU on NEAR Intents for cross-chain trading.
Co-Founder Illia Polosukhin is scheduled to speak at TOKEN2049 Dubai on April 29-30, 2026.
Highlights fresh job listings on agentic task markets, including a Polymarket Prediction Market strategy engine position.
CEO Alex Aurora presents a fireside chat on "State of Intents" at Intents Day during ETHDenver on 2026-02-18.
Achieved a maximum throughput of 4,135 transactions per second measured over 100 blocks, ranking 9th among major blockchain networks.
RHEA, a chain abstracted liquidity solution powered by NEAR Intents, went live on Binance US.
Received over 1.06 billion RPC relays through Lava Network providers in the last 30 days.
Co-Founder Illia Polosukhin is speaking at NVIDIA GTC conference, presenting on agentic markets and autonomous AI agents.
Generated $12M in revenue during January 2026.
Launched OpenClaw in Trusted Execution Environments (TEEs) through NEAR AI.
Launched Near Playground, a zero-setup development environment for NEAR development.
Scheduled community 'Claw' showcase in San Francisco on February 11th, 2026.
Launched IronClaw v0.5.0 on February 23rd, 2026, a Rust-based local AI CRM agent for Mac with multi-provider LLM support, libSQL/Turso, secure skills, lifecycle hooks, shell injection detection, benchmarking, and an OpenAI-compatible HTTP API, running inside encrypted enclaves with hardware-enforced onchain security for credential management.
Lane Rettig departed from NEAR Foundation and NEAR Governance House of Stake after 14 months, with his final week occurring in early February 2026.
Experienced -50%+ price crash during February 2026 market downturn, among ETH Layer 2s and "ETH killers" most severely impacted.
Launched AI Agent Market on February 5th, 2026, with 100 agents, powered by NEAR token and NEAR Intents. Supports agent-to-agent payments through PingPay.
Integrated with Nansen analytics platform, enabling Profiler, Token God Mode, Wallet Profiler for Tokens, Profiler + Token God Mode API, and Nansen Agent features for NEAR tokens and wallets.
Captured $4.8 million in fees over the last 30 days, representing a 17.6% month-over-month increase.
Hosts Wave 3 of NEAR Legion community events in Chicago, Jakarta, Uyo, and Lampung on January 25-26, 2026, featuring technical breakdowns and discussions led by ecosystem participants.
Second veNEAR rewards campaign claim round is open with 10,041 NEAR rewards available to claim and 3,787,284 NEAR currently locked, with the next reward round starting on January 30, 2026.
Participating in a panel discussion titled "Privacy is the Priority" at Intents Day online event on January 22, 2026 at 1:30-2:30 PM EST, featuring NEAR's ilblackdragon alongside representatives from Helius, Dash, and Starknet.
Achieved $129.3 million in 24-hour trading volume.
Reached 2.5 million daily active addresses, ranking 4th among L1 blockchains.
Hosts a weekly game night event with a $30 NEAR token prize pool on 2026-01-12.
Sponsored the BUIDL conference in Lisbon beginning on January 7th, 2026.
Recorded 1.89 billion total transactions in 2025, ranking 5th among blockchains analyzed.
Bitwise filed for a NEAR Strategy ETF with the U.S. SEC on December 30, 2025, awaiting approval.
Averages 219k new wallets per day over a 3-month period ending December 2025.
Averages approximately 2.62M returning wallets per day over a 3-month period ending December 2025, representing 92% of daily wallet activity.
Nominated for "Best In Privacy" award with winner to be announced on December 30th, 2025.
Featured in a long-form research piece by Hivemind Capital analyzing decentralization approaches across major blockchain networks including Bitcoin, Ethereum, Solana, Hedera, Ripple, Avalanche, Polkadot, Cardano, NEAR, Tezos, Plume Network, and Sui Network.
Listed among top 10 losers in CoinGecko top-100 for 2025 with -76% decline and $2B market cap ranking #56.
Token is now live on Solana.
Launched validator program with Dappnode and Meta Pool to expand the validator set, targeting operators already running Dappnode infrastructure.
Available for trading with up to 5x leverage on Wasabi Protocol.
Binance delists NEAR/FDUSD margin trading pair on December 23, 2025, at 09:00, affecting both cross and isolated margin markets.
Zcash DeFi integration comes soon on RHEA platform powered by NEAR Intents.
Polymer releases Lean Intent Framework combining NEAR Protocol with Prove API and Ethereum's Open Intents Framework, seeking design partners for implementation.
Hosted NEARCON 2026 on February 23-24 at Fort Mason Center in San Francisco, with Open Source AI Summit at The House SF, and coverage by The Rollup Co.
NEAR Intents records 53,988 swaps on December 13th, 2025, a 362x increase from 149 swaps on the same date in 2024.
Launched super-app with Intents technology on Mosaik, enabling swaps across 35+ chains, confidential transactions, P2P trading, decentralized streams, and AI capabilities. Illia presented at Solana Breakpoint 2025.
$NPRO token launches on NEAR Protocol and NEAR Intents in 3 days.
NEAR generates $204K in 30-day AI revenue, ranking 12th among 13 AI cryptocurrency projects measured in a revenue comparison.
Launched AI Cloud and Private Chat with hardware-backed verifiable privacy for AI inference, enabling encrypted attestable environments for on-chain AI agents. Featured among 7 blockchains for confidential and verifiable AI infrastructure with agent execution and privacy, positioning as an AI-forward L1. Social activity shows 854K interactions, ranking 7th among AI crypto projects.
Kinsu app integrates NEAR AI technology to power its chatbot with private inference for securing personal chats.
NEAR partners with ollm_ai to power their confidential compute gateway, scaling privacy-first AI infrastructure across Qatar and Europe.
Partners with ADI Foundation, Google Cloud, Alibaba Cloud, Pagoda, and 50+ institutions, alongside ADI Chain, an institutional-grade L2 network.
VanEck projects NEAR revenue growth from $1.5B currently to $9.5B by 2030 in AI-crypto sector, part of $10.2B total AI-crypto revenue forecast. Flash Rewards program launches offering 11% annual yield through Crypto Earn.
Zcash shielded transaction chain forked for NEAR, restoring ZTARKNEAR collaboration between Starknet, Zcash, and NEAR protocols.
Intents surpasses $8 billion in all-time trading volume.
Nearcore v2.10 protocol upgrade goes live on mainnet, introducing deterministic account IDs and sharded smart contracts implementation, with execution and consensus layer optimizations tied to the 1M TPS benchmark achievement.
NEAR Intents experience triple-digit monthly growth rate, while price reaches lowest level since October 10th.
ADI Chain mainnet goes live as settlement layer for UAE Central Bank-regulated dirham-backed stablecoin, with NEAR Protocol building TravAI on the L2 and ADI token listed on Kraken, Crypto.com, and KuCoin from day one.
CoinShares Altcoins ETF (DIME) and 4 additional ETFs feature NEAR, providing institutional exposure. Angela Kreitenweis appointed Head of Governance at House of Stake.
AI sector adds $870M with NEAR and TAO leading the market bounce as capital rotates into AI risk assets.
CoW Swap integrates NEAR Intents as a cross-chain provider, connecting the two intent-based systems for seamless execution where CoW Swap solvers find best prices and NEAR Protocol sources optimal bridging routes.
Flash Rewards campaign offers 11% APR with 14-day lockup, limited to first 80,600 NEAR allocated between December 11-25, 2025.
RHEA multi-chain lending platform launches Base support using NEAR Intents.
Brave integrates NEAR Protocol for verifiable private AI features.
Tether's USDT receives official recognition by Abu Dhabi's ADGM for regulated multi-chain use including NEAR. Kinsu digital savings app launches on NEAR utilizing NEAR AI Technology, offering 8-12% APYs and serving over 900,000 retail customers through partnership with play_ember.
NEAR protocol achieves 1 million transactions per second in a publicly verifiable benchmark, marking a major scalability milestone.
Trading volume on NEAR Intents increased 200% in October followed by another 100%+ growth in November.
OpenMind partnership with NEAR Protocol goes live, with OpenMind now running on NEAR AI Cloud for robotics hardware with private, verifiable compute.
Zashi wallet from the Zcash ecosystem integrates NEAR intents with auto-shielding features.
ADI Chain launch on December 9 includes confirmed listings on Kraken, Crypto.com, and regional access via Fasset.
ADIChain mainnet and TGE launch on December 9 with new partnerships including ADREC for on-chain real estate registries and EDC for driver-education pilots.
ADIChain, where NEAR Protocol builds TravAI, launches with 50+ businesses and government initiatives in pipeline and serves as settlement layer for UAE Central Bank regulated FAB/IHC dirham stablecoin.
NEAR wallet sign-in functionality goes live on near_ai Private Chat platform.
NEAR wallet sign-in functionality is now live on the Private Chat feature.
NEAR Protocol partners with ADI Foundation and AiDatrics to launch TravAI, a travel platform combining AI automation with blockchain settlement powered by NEAR AI and NEAR Intents.
NEAR AI Cloud and Private Chat launch with Intel TDX and NVIDIA confidential compute to generate cryptographic proofs for verifiable privacy. OpenMind AGI partners with Circle and Near to enhance the onchain machine economy.
Santiment reports NEAR ranks among top 3 projects for developer activity in AI and Big Data crypto category. RHEA announces native Zcash lending powered by NEAR Intents.
$CFI token launches with liquidity on NEAR. Margarita Finance officially launches NEAR20, bringing institutional-quality yield products to the ecosystem according to NEAR Foundation's Head of Finance.
Templar Protocol announces upgraded Zypher Lending powered by NEAR Intents.
NEAR ranks 3rd by active addresses with 42.1M users, behind BNB Chain (57.6M) and Solana (43.7M).
Private chat feature launches, allowing users to ask personal questions while maintaining data ownership and privacy.
NEAR Intents crosses $7B+ cumulative volume milestone.
Kinsu app enters open beta utilizing both NEAR AI technology and NEAR Intents for private financial data management, with planned involvement in $CFI Season 2.