Bitwise CIO says NEAR’s investment case goes beyond its AI ambitions
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NEAR Intents passed $30 billion in cumulative volume, and the surrounding coverage places that milestone alongside rising fee totals and a Bitwise view that NEAR already has a business model beyond its AI plans. The same set of details also ties the network to activity across dozens of blockchains and to a forecast of roughly $45 million in fees this year, with some revenue returned through buybacks.
Key claims & sources
What it means
For users and market watchers, the immediate takeaway is that NEAR is being framed as more than an AI story today. The discussion now centers on Intents activity that has already crossed $30 billion and on fee generation that has been described in the tens of millions, which is what observers notice first this week.
Market reaction i
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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context
Where this sits in the NEAR Protocol series
| When | What happened | Figure |
|---|---|---|
| 25 days ago | NEAR at $5.96 high | today it sits -37.6% from there |
| today | NEAR at $3.66 low | today it sits +1.6% from there |
From what we have stored, starting 42 days ago.