In November, NEAR Intents’ daily fee income reached an all-time high. At the same time, daily trading volume increased 10 times compared to the previous quarter. However, NEAR price continues to show weak performance and remains stuck in the 2025 cumulative range.
These positive indicators raised hopes that investors would lock in strong entry positions before broader market fears subside and fundamentals begin to take effect.
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How NEAR Intent Catalyzed NEAR Price in Second Half of 2025
NEAR Intents is a multi-chain transaction protocol built on the NEAR Protocol, a blockchain platform focused on AI and on-chain abstraction.
This protocol eliminates the need for users to perform complex manual actions. This includes bridging tokens, managing gas fees across multiple networks, handling intermediate steps, and more. NEAR intents allow users (or AI agents) to express their “intent” for a desired outcome. The protocol then automates the entire process, providing a smooth and efficient experience.
According to Dune Analytics, NEAR Intents’ daily fee income has reached record levels of over $400,000. This brings total cumulative fees to more than $10 million. Meanwhile, daily trading volume consistently exceeded $150 million, a 10x increase from the previous quarter.
NEAR Protocol also reported that its 30-day cumulative trading volume recently exceeded $3 billion.
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Additionally, the Bitwise report noted that NEAR Intents recorded a trading volume of $969 million for the week beginning November 10, 2025. Bitwise predicts that NEAR Intents’ weekly trading volume will grow more than 10x, reaching $10 billion by June 2026.
This growth naturally has a positive impact on the NEAR token.
“NEAR’s token model is designed to capture value from AI-native activities, including intent routing fees, infrastructure services, and model execution, and goes beyond traditional block space monetization,” Bitwise said.
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What is causing this sudden increase in volume?
The CoinMetrics report highlights the role of Zashi wallet. This wallet is integrated with NEAR intent, allowing seamless multi-chain swaps to shielded ZEC. Meanwhile, the amount of ZEC stored in sealed pools has reached new highs as the demand for privacy accelerates.
As a result, investors are increasingly paying attention to NEAR Intents. Trading on ZEC currently accounts for approximately 10% of the protocol’s daily trading volume, averaging $15 million per day.
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NEAR price stays within 2025 cumulative range
Despite these developments, NEAR prices remain trapped in the 2025 accumulation zone. TradingView data shows that NEAR has fluctuated between $1.90 and $3.10 since the beginning of the year.
Analyst Vespamatic pointed out that this stagnation was due to the decline in Bitcoin prices. This pressure could lead to further declines even if the altcoin’s fundamentals remain strong.
“NEAR risks falling to $0.6, especially if Bitcoin falls to $84,000. In a bear market, almost 99% of altcoins can be destroyed, even if they have strong fundamentals,” Vespamatic predicted.
However, analysts also note that NEAR’s current price around $1.9 coincides with the strongest support this year. Combined with recent positive news, this level could set the stage for a potential price rebound.
