The post NEAR’s Q3 Report Shows Big Moves Toward AI and Chain Abstraction appeared on BitcoinEthereumNews.com. NEAR Protocol strengthens its position as a cross-chain and AI-powered blockchain, with growing ecosystem activity across DeFi and infrastructure. Despite lower on-chain activity, NEAR’s DeFi sector and stablecoin adoption surged, reflecting deeper ecosystem engagement in Q3 2025. NEAR Protocol’s Q3 2025 report revealed a surprising surge in several key sectors. Its market cap now stands at approximately $3.3 billion, a 24.3% increase compared to the previous quarter. Amid Slower On-Chain Activity, DeFi Steals the Show According to Messari, transaction volume processed through NEAR Intents reached $234.9 million from approximately 2.3 million swaps, confirming NEAR’s position as a strong player in the world of cross-chain interoperability. Source: Messari on X However, amid this euphoria, on-chain activity slowed slightly. Average daily transactions fell to 4.7 million, a 14.2% decrease, and the number of daily active addresses decreased by 9.8% to approximately 2.9 million. However, the decentralized finance (DeFi) sector within the NEAR ecosystem was a standout performer. Trading volume on DEXs surged by more than 500% to an average of $76.7 million per day. Stablecoin capitalization also increased by 28% to $245 million, indicating a strong inflow of fresh funds. Source: Messari on X NEAR Advances Toward Its AI and Interoperability Vision Furthermore, NEAR’s performance improvement is not without reason. Last September, the CNF reported that NEAR Intents had risen to sixth place as the largest interoperability protocol in the global market. Integration with TRON has also expanded its user base, enabling stablecoin exchanges between networks with a much simpler process. The user experience has also become more efficient, eliminating the need to manually switch wallets or networks. Can you imagine how complicated this feature would have been without it? That same month, NEAR also surged in the crypto market, fueled by a combination of AI integration and the major Nightshade 2.0… The post NEAR’s Q3 Report Shows Big Moves Toward AI and Chain Abstraction appeared on BitcoinEthereumNews.com. NEAR Protocol strengthens its position as a cross-chain and AI-powered blockchain, with growing ecosystem activity across DeFi and infrastructure. Despite lower on-chain activity, NEAR’s DeFi sector and stablecoin adoption surged, reflecting deeper ecosystem engagement in Q3 2025. NEAR Protocol’s Q3 2025 report revealed a surprising surge in several key sectors. Its market cap now stands at approximately $3.3 billion, a 24.3% increase compared to the previous quarter. Amid Slower On-Chain Activity, DeFi Steals the Show According to Messari, transaction volume processed through NEAR Intents reached $234.9 million from approximately 2.3 million swaps, confirming NEAR’s position as a strong player in the world of cross-chain interoperability. Source: Messari on X However, amid this euphoria, on-chain activity slowed slightly. Average daily transactions fell to 4.7 million, a 14.2% decrease, and the number of daily active addresses decreased by 9.8% to approximately 2.9 million. However, the decentralized finance (DeFi) sector within the NEAR ecosystem was a standout performer. Trading volume on DEXs surged by more than 500% to an average of $76.7 million per day. Stablecoin capitalization also increased by 28% to $245 million, indicating a strong inflow of fresh funds. Source: Messari on X NEAR Advances Toward Its AI and Interoperability Vision Furthermore, NEAR’s performance improvement is not without reason. Last September, the CNF reported that NEAR Intents had risen to sixth place as the largest interoperability protocol in the global market. Integration with TRON has also expanded its user base, enabling stablecoin exchanges between networks with a much simpler process. The user experience has also become more efficient, eliminating the need to manually switch wallets or networks. Can you imagine how complicated this feature would have been without it? That same month, NEAR also surged in the crypto market, fueled by a combination of AI integration and the major Nightshade 2.0…

NEAR’s Q3 Report Shows Big Moves Toward AI and Chain Abstraction

2025/11/09 12:08
  • NEAR Protocol strengthens its position as a cross-chain and AI-powered blockchain, with growing ecosystem activity across DeFi and infrastructure.
  • Despite lower on-chain activity, NEAR’s DeFi sector and stablecoin adoption surged, reflecting deeper ecosystem engagement in Q3 2025.

NEAR Protocol’s Q3 2025 report revealed a surprising surge in several key sectors. Its market cap now stands at approximately $3.3 billion, a 24.3% increase compared to the previous quarter.

Amid Slower On-Chain Activity, DeFi Steals the Show

According to Messari, transaction volume processed through NEAR Intents reached $234.9 million from approximately 2.3 million swaps, confirming NEAR’s position as a strong player in the world of cross-chain interoperability.

Source: Messari on X

However, amid this euphoria, on-chain activity slowed slightly. Average daily transactions fell to 4.7 million, a 14.2% decrease, and the number of daily active addresses decreased by 9.8% to approximately 2.9 million.

However, the decentralized finance (DeFi) sector within the NEAR ecosystem was a standout performer. Trading volume on DEXs surged by more than 500% to an average of $76.7 million per day. Stablecoin capitalization also increased by 28% to $245 million, indicating a strong inflow of fresh funds.

Source: Messari on X

NEAR Advances Toward Its AI and Interoperability Vision

Furthermore, NEAR’s performance improvement is not without reason. Last September, the CNF reported that NEAR Intents had risen to sixth place as the largest interoperability protocol in the global market.

Integration with TRON has also expanded its user base, enabling stablecoin exchanges between networks with a much simpler process. The user experience has also become more efficient, eliminating the need to manually switch wallets or networks. Can you imagine how complicated this feature would have been without it?

That same month, NEAR also surged in the crypto market, fueled by a combination of AI integration and the major Nightshade 2.0 update.

This update strengthened the network’s ability to manage cross-chain transaction load, while increasing throughput by approximately 12.5% ​​thanks to the expansion from eight to nine shards.

With this system, NEAR is moving closer to its vision of becoming a “blockchain for AI,” where users and developers can run decentralized AI-powered applications at high speeds and low costs.

Not only that, but NEAR Intents is now at the heart of this ambition. This protocol allows users to execute cross-chain actions without technical barriers.

From asset swaps and staking to automated transaction execution by AI agents, everything can be done in a single, coordinated flow. This demonstrates that the concept of “chain abstraction” is truly coming to life on the NEAR network.

Furthermore, the rise in NEAR’s market cap amid slowing on-chain activity is an interesting one. Many analysts believe that investors are now placing more confidence in the direction of NEAR’s technological development than simply transaction volume. In other words, long-term trust appears to be superseding short-term speculation.

Bitwise even predicts that NEAR’s price could reach $155.85, a 7,000% increase, if the project’s roadmap is realized and NEAR becomes the centerpiece of the AI-native blockchain ecosystem.

However, this journey will certainly not be without challenges. Competition among other layer-1 projects like Solana and Avalanche remains fierce, and each technical upgrade carries its own risks.

Meanwhile, as of press time, NEAR is changing hands at about $2.82. Up 4.68% over the last 24 hours and 30.72% over the last 30 days.

Source: https://www.crypto-news-flash.com/nears-q3-report-shows-big-moves-toward-ai-and-chain-abstraction/?utm_source=rss&utm_medium=rss&utm_campaign=nears-q3-report-shows-big-moves-toward-ai-and-chain-abstraction

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO

The post Aave DAO to Shut Down 50% of L2s While Doubling Down on GHO appeared on BitcoinEthereumNews.com. Aave DAO is gearing up for a significant overhaul by shutting down over 50% of underperforming L2 instances. It is also restructuring its governance framework and deploying over $100 million to boost GHO. This could be a pivotal moment that propels Aave back to the forefront of on-chain lending or sparks unprecedented controversy within the DeFi community. Sponsored Sponsored ACI Proposes Shutting Down 50% of L2s The “State of the Union” report by the Aave Chan Initiative (ACI) paints a candid picture. After a turbulent period in the DeFi market and internal challenges, Aave (AAVE) now leads in key metrics: TVL, revenue, market share, and borrowing volume. Aave’s annual revenue of $130 million surpasses the combined cash reserves of its competitors. Tokenomics improvements and the AAVE token buyback program have also contributed to the ecosystem’s growth. Aave global metrics. Source: Aave However, the ACI’s report also highlights several pain points. First, regarding the Layer-2 (L2) strategy. While Aave’s L2 strategy was once a key driver of success, it is no longer fit for purpose. Over half of Aave’s instances on L2s and alt-L1s are not economically viable. Based on year-to-date data, over 86.6% of Aave’s revenue comes from the mainnet, indicating that everything else is a side quest. On this basis, ACI proposes closing underperforming networks. The DAO should invest in key networks with significant differentiators. Second, ACI is pushing for a complete overhaul of the “friendly fork” framework, as most have been unimpressive regarding TVL and revenue. In some cases, attackers have exploited them to Aave’s detriment, as seen with Spark. Sponsored Sponsored “The friendly fork model had a good intention but bad execution where the DAO was too friendly towards these forks, allowing the DAO only little upside,” the report states. Third, the instance model, once a smart…
Share
BitcoinEthereumNews2025/09/18 02:28
Shytoshi Kusama Addresses $2.4 Million Shibarium Bridge Exploit

Shytoshi Kusama Addresses $2.4 Million Shibarium Bridge Exploit

The post Shytoshi Kusama Addresses $2.4 Million Shibarium Bridge Exploit appeared on BitcoinEthereumNews.com. The lead developer of Shiba Inu, Shytoshi Kusama, has publicly addressed the Shibarium bridge exploit that occurred recently, draining $2.4 million from the network. After days of speculation about his involvement in managing the crisis, the project leader broke his silence. Kusama emphasized that a special “war room” has been set up to restore stolen finances and enhance network security. The statement is his first official words since the bridge compromise occurred. “Although I am focusing on AI initiatives to benefit all our tokens, I remain with the developers and leadership in the war room,” Kusama posted on social media platform X. He dismissed claims that he had distanced himself from the project as “utterly preposterous.” The developer said that the reason behind his silence at first was strategic. Before he could make any statements publicly, he must have taken time to evaluate what he termed a complex and deep situation properly. Kusama also vowed to provide further updates in the official Shiba Inu channels as the team comes up with long-term solutions. As highlighted in our previous article, targeted Shibarium’s bridge infrastructure through a sophisticated attack vector. Hackers gained unauthorized access to validator signing keys, compromising the network’s security framework. The hackers executed a flash loan to acquire 4.6 million BONE ShibaSwap tokens. The validator power on the network was majority held by them after this purchase. They were able to transfer assets out of Shibarium with this control. The response of Shibarium developers was timely to limit the breach. They instantly halted all validator functions in order to avoid additional exploitation. The team proceeded to deposit the assets under staking in a multisig hardware wallet that is secure. External security companies were involved in the investigation effort. Hexens, Seal 911, and PeckShield are collaborating with internal developers to…
Share
BitcoinEthereumNews2025/09/18 03:46