NEAR Surges 78% as Confidential Trading Features Gain Traction

Near Protocol's native token NEAR has surged by about 78.2% over the past week, with CoinGecko data showing it traded around $4.29.

This rally is linked to new privacy features for perpetual futures trading on near.com and a growing ecosystem surrounding Near Intents, which coordinates cross-chain swaps by matching users with market makers.

Near has made confidential deposits and withdrawals the default for perpetual futures trading through near.com, hiding the link between funding wallets and Hyperliquid trading accounts.