Near Protocol will introduce dynamic resharding in June, enabling its blockchain to automatically add shards as demand increases without human intervention. This upgrade aims to enhance scalability for an AI-driven on-chain economy and includes post-quantum-safe signing to protect users from future quantum threats. Following the announcement, NEAR's token surged nearly 30% to $2.24, outperforming major cryptocurrencies amid strong investor interest, especially in the Bitwise Near Staking ETP. This innovation allows Near to handle more transactions efficiently by automatically expanding its network capacity, marking a significant step toward its vision of a highly scalable blockchain.
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...
NEAR Protocol's price jumped over 44% from its weekly low, driven by AI-related momentum, optimism around upcoming protocol upgrades, and aggressive short liquidations. The token broke key resistance levels, with a potential golden cross between the ...
Bitcoin failed to reclaim the $78,000 level due to selling by short-term holders and heavy spot ETF market offloading, dampening altcoin momentum. The crypto AI sector saw a slight market cap decline, with NEAR Protocol rising 34% while FET token dro...
Bitcoin has shown little movement, trading near $77,200 despite positive regulatory news, as global markets focus on geopolitical issues like the Strait of Hormuz disruption affecting commodity prices and inflation fears. Oil prices stay high around ...
Cryptocurrency markets display varied price changes, with Bitcoin holding steady around $77,252 and Ethereum rising slightly to $2,124. Notable gains include NEAR surging nearly 28%, QNT up over 7%, and several altcoins like ATOM and MORPHO also show...
