Near Protocol announced a dynamic resharding upgrade launching in June 2026 that allows the blockchain to automatically create new shards when existing ones reach capacity, eliminating manual coordination delays. This upgrade, part of network version 2.13, enhances scalability by enabling the network to potentially exceed 70 shards, increasing transaction throughput to Visa-level speeds. Additionally, the upgrade introduces post-quantum-safe signing to protect against future quantum computing threats. The NEAR token surged 27% following the announcement, reflecting strong market confidence in Near's innovative approach to scaling and security, which could set a new standard for Layer 1 blockchains.
NEAR Protocol's token jumped over 21% in 24 hours, leading gains among the top 100 cryptocurrencies, driven by its positioning as an AI-native platform for decentralized applications. Other AI and interoperability-focused tokens like Worldcoin, FET, ...
Kevin Warsh was narrowly confirmed as the new Federal Reserve chair amid declining confidence in the Fed's ability to control inflation, with inflation expectations rising to 4.8%. Bitcoin has struggled to break past the $77,000 resistance level, ref...
NEAR Protocol's price surged 30% to nearly $2.26, driven by excitement over a June 2026 network upgrade that will enhance scalability through dynamic resharding. The rally occurred despite broader crypto market weakness and was supported by increased...
Bitcoin and Ethereum prices remained stable over the weekend, with Bitcoin trading between $76,100 and $78,000 and Ethereum struggling to break out, indicating low volatility in major cryptocurrencies. Meanwhile, AI-focused tokens like Near Protocol ...
The CoinDesk 20 index remained flat at 2085.44 with 14 of 20 cryptocurrencies trading higher. NEAR Protocol led gains with a 19.4% surge, followed by Internet Computer (ICP) up 4.3%. Meanwhile, SUI and XRP declined by 2.6% and 1.0%, respectively. Thi...
