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NEAR Protocol (NEAR) Price: Jumps 11% on Quantum Upgrade as Arthur Hayes Stays Bullish

NEAR Protocol (NEAR) Price: Jumps 11% on Quantum Upgrade as Arthur Hayes Stays Bullish

Photo: CoinCentral

TLDR NEAR rallied more than 11% on Saturday after the protocol said its accounts can already use quantum-resistant signatures. NEAR Intents passed $33.29 billion in cumulative volume, with $4.76 billion in the past 30 days, according to DefiLlama. A draft proposal would cut maximum annual token issuance to 1.6% from 2.5% over two years. NEAR-focused ETFs took in about $5.13 million in one day, lifting assets to around $66 million. Analyst Michaël van de Poppe expects a short pullback before NEAR moves toward new yearly highs.

Source: CoinCentral

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