NEAR (NEAR Protocol) fell 15.96% in the last 24 hours.

Gate News Bot news, on October 11, according to CoinMarketCap data, as of the time of writing, NEAR (NEAR Protocol) is currently priced at $2.53, falling 15.96% within 24 hours, reaching a high of $3.22 and a low of $1.75, with a 24-hour volume of $1.175 billion. The current market capitalization is approximately $3.157 billion, a decrease of about $599 million compared to yesterday.

NEAR is a modular high-speed protocol designed for AI, aimed at enabling AI to act, trade, coordinate, and develop on behalf of users. As an infrastructure, NEAR supports the execution of cryptographic models, verifiable computing, and multi-chain operations. The platform simplifies the blockchain user experience, with agents defining outcomes, while NEAR handles cross-chain routing, signing, and execution in the background. NEAR's dynamic sharding system provides global-scale performance, with finalization times of less than 600 milliseconds, specifically designed for low latency, parallel execution, and thousands of concurrent agents.

Important recent news about NEAR:

1️⃣ Zcash Zashi wallet integrates NEAR intention protocol The Zcash Zashi wallet recently announced it will utilize the NEAR intention protocol to implement private exchange functionality. This integration significantly enhances NEAR's application value in the field of privacy protection and is expected to attract more privacy-conscious user groups. At the same time, the activity of the NEAR intention protocol has also shown a noticeable increase, reflecting the advantages of its technical solution in practical applications.

2️⃣ The daily trading volume of the NEAR protocol is on the rise According to the latest data, the daily trading volume of the NEAR protocol is showing a steady upward trend. This growth trend reflects that the activity level of the NEAR ecosystem is increasing, and user demand for its services is rising. The continuously increasing trading volume may indicate the healthy development of the NEAR network and an enhancement of its market recognition.

3️⃣ NEAR continues to promote the integration of AI and blockchain The NEAR protocol is actively promoting the deep integration of artificial intelligence and blockchain technology. As a modular high-speed protocol specifically designed for AI, NEAR is providing more efficient and secure infrastructure support for AI agents. This strategic positioning is expected to bring significant advantages to NEAR during the future explosion of AI applications.

From a technical perspective, although NEAR has recently experienced a significant price correction, its infrastructure development and ecosystem growth continue to progress steadily. The increase in daily volume and the expansion of new application scenarios may provide support for NEAR's future price performance. However, investors still need to closely monitor the overall volatility trends in the cryptocurrency market.

This message is not intended as investment advice; investors should be aware of market volatility risks.