NEAR Intents Hits $20B Volume as Cross-Chain Adoption Rises

TLDR:

• NEAR Intents has surpassed $20B in cumulative volume, driven by solver-based cross-chain routing.
• SwapKit generated $26.6M of $34.4M in total fees recorded across the NEAR Intents protocol.
• Wallets including Ledger, Trust Wallet, and Brave are already routing user transactions via NEAR.
• Confidential Intents recorded $22.6M in TVL within two months of launching on the NEAR network.

NEAR Intents has crossed $20 billion in cumulative volume, marking a notable milestone for the protocol’s cross-chain infrastructure.

The platform routes transactions across major networks including Ethereum, Solana, Tron, Base, BNB Chain, and Zcash. A growing list of wallets and swap protocols already directs user flow through NEAR’s settlement layer.

The architecture removes much of the friction traditionally associated with moving assets between blockchains, drawing attention from analysts tracking on-chain activity.

How the Intents Model Simplifies Cross-Chain Transactions

NEAR Intents operates on a solver-based model that replaces the conventional multi-step bridging process. Users sign a single intent rather than selecting a chain, bridge, DEX, gas token, and transaction route manually. Solvers then compete to fill that intent at the best available price and path.

Once a solver identifies the optimal route, NEAR’s verifier settles the state change atomically. If the intent cannot be filled under the stated conditions, the transaction does not execute. This design removes execution risk for end users who only need to specify the desired outcome.

As crypto analyst Karamata noted on X, solvers can access CEX liquidity, DEX liquidity, off-chain inventory, and bridges simultaneously.

That access is not constrained to a single liquidity pool, which gives the system broader reach than traditional DEX routing.

Fee Data Reflects Wide Integration Across the Ecosystem

SwapKit has emerged as the largest contributor to NEAR Intents fee volume, generating $26.6 million of the total $34.4 million recorded so far. Every application built on the SwapKit SDK gains access to NEAR Intents liquidity by default.

That integration has significantly broadened the protocol’s user base without requiring direct adoption from end users.

Other contributors include Zodl/Zashi with approximately $3.6 million in fees, alongside routing from Ledger, ShapeShift, Rango Exchange, Thorwallet, Brave, Cake Wallet, Trust Wallet, Bitget Wallet, OpenOcean, Rubic, Li.Fi, KyberNetwork, and StableFlow.

The breadth of integrations suggests the protocol is already embedded in mainstream crypto workflows. Many users routing swaps through these platforms may be interacting with NEAR infrastructure without knowing it.

Confidential Intents, a newer feature, has also gained early traction. The privacy-focused layer accumulated $22.6 million in total value locked within two months of going live. That pace points to demand for on-chain privacy features as the cross-chain space matures.

Price Structure and Market Sentiment Around NEAR

On the price side, NEAR has pulled back nearly 35% from recent local highs amid broader market weakness. Analyst @speartrades_app pointed out that the chart structure remains relatively intact despite the decline.

A specific support zone, described as a purple region on the chart, has consistently attracted buyers throughout this cycle.

As long as NEAR holds above that support level, the correction can be read as a normal retracement alongside Bitcoin’s broader pullback.

A decisive breakdown below that level, however, could shift market sentiment and trigger a deeper move lower. Traders are watching the zone closely for the next directional cue.

Beyond price, the protocol is moving into its next phase through Confidential Intents. The feature recorded $22.6 million in confidential TVL within just two months of going live.

If cross-chain privacy becomes a standard expectation, NEAR’s infrastructure positions it early in that market.

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